Core Viewpoint - Longqi Technology Co., Ltd. (龙旗科技) successfully listed on the Hong Kong Stock Exchange, closing at HKD 32.10 with a gain of 3.55% on the first trading day [1] Group 1: IPO Details - The total number of shares offered globally was 52,259,100 H-shares, with 5,226,000 shares allocated for the Hong Kong offering and 47,033,100 shares for international offering [1] - The final offer price was set at HKD 31.00, raising a total of HKD 1,620.0 million, with net proceeds amounting to HKD 1,519.9 million after deducting estimated listing expenses of HKD 100.1 million [6][7] Group 2: Use of Proceeds - The net proceeds from the global offering will be used to expand the company's overall production capacity both domestically and internationally, support ongoing R&D efforts, enhance marketing and customer development, and fund strategic investments or acquisitions globally, along with general corporate purposes [7] Group 3: Key Investors - Notable cornerstone investors include Qualcomm Ventures LLC, Jiangxi Guokong Private Equity Fund Management, Veer Semiconductor Hong Kong Limited, Hong Kong Yutong Printing Co., Ltd., Qingdao Guanlan, and Guotai Junan Securities Investment (Hong Kong) Co., Ltd. [5] Group 4: Future Plans - Longqi Technology plans to list on the Shanghai Stock Exchange on March 1, 2024, with an issuance of 60 million shares at a price of RMB 26.00 per share, representing 12.90% of the post-issue total share capital [7]
龙旗科技H股首日仅涨3.6% 2年前A股上市募15.6亿元