美联股份招股 预计12月30日上市

Core Viewpoint - Meilian Holdings is set to conduct an IPO from December 18 to December 23, 2025, with trading expected to commence on December 30, 2025, on the Hong Kong Stock Exchange [1] Company Overview - Meilian Holdings is a comprehensive prefabricated steel structure construction subcontractor in the industrial sector, providing full-service from design optimization to manufacturing and installation, primarily operating in China and overseas [1] - According to a Frost & Sullivan report, Meilian Holdings ranks third in the Chinese prefabricated steel structure construction market with a market share of 3.5% based on 2024 revenue [1] IPO Details - The company plans to globally offer 22.5 million shares, with 10% allocated for Hong Kong and 90% for international investors, including a 15% over-allotment option [1] - The expected price range for each share is between HKD 7.10 and HKD 9.16, with a trading unit of 300 shares [1] - Key cornerstone investors have agreed to subscribe for approximately HKD 51.5 million worth of shares [1] Use of Proceeds - Assuming a share price of HKD 8.13 and no exercise of the over-allotment option, the net proceeds from the global offering are estimated to be approximately HKD 164 million [1] - The intended use of proceeds includes: - Approximately 37.7% for capital investments to enhance production capacity [1] - Approximately 26.7% for prepayment of new project expenses [1] - Approximately 12.3% for strengthening sales and marketing [1] - Approximately 9.3% for selective acquisitions and investments to enhance supply chain and technological capabilities [1] - Approximately 9.0% for enhancing research and development capabilities [1] - Approximately 5.0% for working capital and general corporate purposes [1]