【IPO追踪】兆威机电启动招股，高瓴、拓斯达等基石认购6.52亿港元

Core Viewpoint - The Hong Kong IPO market is set to welcome four companies on February 27, 2026, including Zhaowei Electromechanical, which plans to issue approximately 26.7483 million shares, aiming to raise around HKD 1.8923 billion for various strategic initiatives [2][3]. Group 1: IPO Details - Zhaowei Electromechanical plans to issue approximately 26.7483 million shares, with around 24.0734 million shares for international offering and 2.6749 million shares for public offering in Hong Kong [2]. - The maximum offer price is set at HKD 73.68 per share, with expected net proceeds of approximately HKD 1.8923 billion after deducting related expenses [2]. - The public offering period is from February 27 to March 4, with the final offer price and allocation results expected to be announced on March 6, and trading on the Hong Kong Stock Exchange scheduled for March 9 [3]. Group 2: Use of Proceeds - Approximately 35% of the raised funds will be allocated for global technology research and development and product portfolio expansion [2]. - About 30% will be used to expand production capacity and improve efficiency globally [2]. - 15% is earmarked for selective global strategic partnerships, investments, and acquisitions [2]. - 10% will be used to enhance global service and sales networks and increase marketing efforts [2]. - The remaining 10% will be allocated for working capital and general corporate purposes [2]. Group 3: Company Performance and Market Position - Zhaowei Electromechanical is the largest provider of integrated micro-drive and drive systems in China and the fourth largest globally, with market shares of 3.9% and 1.4%, respectively [3]. - The company's revenue is projected to grow from RMB 1.152 billion in 2022 to RMB 1.525 billion in 2024, with net profit increasing from RMB 150 million to RMB 225 million during the same period [4]. - For the first three quarters of 2025, the company reported revenues of RMB 1.255 billion and a profit of RMB 182 million, both showing year-on-year growth [4].