迅策(03317)12月18日至12月23日招股 预计12月30日上市

Core Viewpoint - The company, Zhixun (03317), is set to launch an IPO from December 18 to December 23, 2025, aiming to issue 22.5 million shares at a price range of HKD 48-55 per share, with a significant portion allocated for international investors [1] Group 1: Company Overview - The company is a provider of real-time data infrastructure and analytical solutions in China, offering seamless deployment of data technology solutions across various industries [1] - The real-time data infrastructure market in China is projected to reach RMB 18.7 billion in 2024, representing 4.5% of the total data infrastructure and analysis market [1] - The company ranks fourth in the real-time data infrastructure segment with a market share of 3.4% [1] Group 2: Product and Market Position - The core product is a unified data platform that processes heterogeneous data from multiple sources in milliseconds to seconds, enabling immediate decision-making and analysis [2] - The company started in the asset management sector, which accounts for 11.2% of the real-time data infrastructure market in China, and it holds the top position in this segment with an 11.6% market share [2] Group 3: Client Base and Industry Challenges - The asset management industry is noted for its complexity and high demands for data accuracy and timeliness, and the company’s solutions are adaptable to various other sectors [3] - The company’s clients will include diverse industries beyond asset management, such as financial services, urban management, manufacturing, and telecommunications [3] - The real-time data infrastructure market faces intense competition, pricing pressures, and rapid technological advancements [3] Group 4: Funding and Use of Proceeds - The company estimates a net proceeds of approximately HKD 1.04 billion from the global offering, assuming a share price of HKD 51.50 [4] - Approximately 80% of the net proceeds will be allocated for ongoing and future R&D of the company’s solutions, 10% for enhancing marketing capabilities, and the remaining 10% for working capital and general business purposes [4]