Group 1 - The core viewpoint of the news is that Meilian Holdings (02671) is launching an IPO from December 18 to 23, with significant oversubscription and a target fundraising amount of nearly HKD 230 million [1] - Meilian Holdings plans to issue 24.6 million H-shares, with a public offering accounting for 10% of the total shares, and the offering price ranges from HKD 7.1 to HKD 9.16 [1] - The company has secured cornerstone investors including Caiyun, Tiny Jade, Wu Xinghua, and Logic Selective, with a total subscription amount of HKD 51.5 million [1] Group 2 - According to a Frost & Sullivan report, the company ranks third in the industrial sector of China's prefabricated steel structure market, holding a market share of 3.5% [2] - The two leading competitors in the market have market shares of 35.8% and 6.5% respectively [2] - As of December 9, 2025, the company has 119 ongoing projects [2]
美联股份招股结束 孖展认购额录得27.5亿港元 超购121倍