Core Viewpoint - The company, Shanghai Longcheer Technology Co., Ltd., is in the process of issuing H-shares and listing on the Hong Kong Stock Exchange, with significant steps already taken towards this goal [1][2][3][4][5] Group 1: Application and Approval Process - On June 27, 2025, the company submitted its application for H-share issuance to the Hong Kong Stock Exchange [1] - The China Securities Regulatory Commission confirmed the company's overseas issuance and listing on December 9, 2025 [1] - The Hong Kong Stock Exchange held a listing hearing on December 17, 2025, to review the company's application [2] Group 2: H-share Offering Details - The total number of H-shares for global offering is set at 52,259,100 shares, with 5,226,000 shares allocated for public offering in Hong Kong, representing 10% of the total [4] - The company can issue up to an additional 7,838,800 shares through an over-allotment option, bringing the maximum total to 60,097,900 shares if fully exercised [5] - The expected price for the H-shares is capped at HKD 31 per share, with the public offering starting on January 14, 2026, and ending on January 19, 2026 [5] Group 3: Listing Timeline - The H-shares are anticipated to be listed and commence trading on the Hong Kong Stock Exchange on January 22, 2026 [5]
上海龙旗科技股份有限公司 关于刊发H股招股说明书、H股发行价格上限 及H股香港公开发售等事宜的公告