Core Viewpoint - The company, XunCe (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 - XunCe 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 company ranks fourth in the real-time data infrastructure and analysis market in China, holding a market share of 3.4% in a market valued at RMB 18.7 billion in 2024 [1] - The core product is a unified data platform that processes heterogeneous data from multiple sources in milliseconds to seconds, facilitating immediate decision-making and analysis [2] Group 2: Market Position and Strategy - In the asset management sector, which constitutes 11.2% of the real-time data infrastructure and analysis market, the company holds the top position with an 11.6% market share [2] - The company’s solutions are designed to optimize various aspects of the asset management lifecycle, including portfolio monitoring and risk management [2] - The company plans to diversify its client base beyond asset management to include sectors such as financial services, urban management, manufacturing, and telecommunications [3] Group 3: Financial Projections 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, while 10% will enhance marketing capabilities, and the remaining 10% will be used for working capital and general business purposes [4]
迅策12月18日至12月23日招股 预计12月30日上市
Zhi Tong Cai Jing·2025-12-17 23:03