Core Viewpoint - Nobikang Artificial Intelligence Technology (Chengdu) Co., Ltd. is set to launch an IPO on the Hong Kong Stock Exchange, with a global offering of 3.78666 million shares priced between HKD 80 and HKD 106 per share, aiming for a listing date of December 23, 2025 [1][3]. Group 1: IPO Details - The IPO will include an overallotment option of 15%, making it a relatively small offering with less than 4 million shares issued [1]. - The expected total fundraising amount for Nobikang is approximately HKD 303 million to HKD 401 million, assuming the overallotment option is not exercised [3]. - If priced at the median of HKD 93 per share, the net proceeds are estimated to be around HKD 307 million, with 40% allocated for core technology research, 40% for building a research and development center and new headquarters, and 10% for potential strategic investments and acquisitions [3]. Group 2: Company Background - Nobikang was established in March 2015 and focuses on the industrial application of advanced technologies such as AI and digital twins in sectors like transportation, energy, and urban governance [4]. - The company provides integrated hardware and software solutions based on comprehensive AI industry models for monitoring, detection, and operation maintenance [4]. Group 3: Financial Performance - Nobikang's revenue for the years 2022, 2023, 2024, and the first half of 2025 is approximately RMB 253 million, RMB 364 million, RMB 404 million, and RMB 232 million, respectively [5][6]. - The net profit for the same periods is approximately RMB 63.16 million, RMB 88.57 million, RMB 115.37 million, and RMB 40.08 million [5][6]. - The company has shown a consistent increase in revenue and net profit, with a notable growth trajectory in its financial performance [5][6]. Group 4: Shareholding Structure - Before the IPO, the major shareholders of Nobikang include Liao Yu, Tie Ke Chuang Zhi, Tang Tai Ke, Lin Ren Hui, and Su Mao Cai, collectively controlling 51.1% of the voting rights [6]. - Key executives include Liao Yu as the legal representative, Tang Tai Ke as the executive director and CTO, and Lin Ren Hui as the chairman of the supervisory board and R&D director [6][7].
又一个迷你IPO，诺比侃将于12月23日在港交所上市