【导读】金叶国际集团明日上市，暗盘大涨 460% 10 月 9 日，港股三大指数涨跌不一。恒生指数收跌 0.29% ，恒生科技指数收跌 0.66% ，恒生国企指数涨 0.07% 。 全日大市成交额为 3868 亿港元，南向资金净流入 30.43 亿港元。 | 序号 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | 成交额 | 年初至今 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | HSI | 恒生指数 | 26752.59c | -76.87 | -0.29% | 3868亿 | 33.36% | | 2 | HSTECH | 恒生科技 | 6471.34c | -42.85 | -0.66% | 1240亿 | 44.83% | | 3 | HSBIO | 恒生生物科技 | 17275.56c | -1005.64 | -5.50% | 274亿 | 100.38% | | 4 | HSCEI | 恒生中国企业指数 | 9530.13c | 6.26 | 0.07% | 1321亿 | 30.73% | | 5 | HSCI | 恒 ...

Core Viewpoint - Highsun Group Holdings Limited has signed a framework cooperation agreement with Greenhouse Group Ghana to jointly develop a large-scale "International Resort and Entertainment City" project in Ghana, marking a significant step in the company's international expansion and alignment with the Belt and Road Initiative [1][3]. Group 1: Project Overview - The project will cover approximately 4,000 acres and include diverse leisure, entertainment, and conference facilities, such as amusement rides, a water park, a golf course, an international conference center, luxury hotels, and vacation villas [3]. - The project is expected to be developed in two phases and fully completed within five years, with an investment of approximately $500 million from Greenhouse Group and capital market funds [3][6]. - Upon completion, the project will be the first large-scale resort and entertainment complex of international standards in West Africa, aimed at attracting both local and international tourists [3][6]. Group 2: Strategic Importance - The collaboration is seen as a foundation for Highsun Group's overseas market development and is expected to provide strong support for future performance growth [3][6]. - Ghana is recognized as one of the more stable and rapidly growing economies in West Africa, with a population exceeding 30 million, which presents significant growth potential for the leisure and tourism industry [6]. - The project aligns with the Belt and Road Initiative, promoting regional connectivity and infrastructure development, thereby injecting new momentum into the economic development of the involved countries [6][7]. Group 3: Company Background - Highsun Group Holdings Limited, listed in Hong Kong since 2019, is a prominent electromechanical engineering service provider with a strong track record in major construction projects in Hong Kong [7]. - The company aims to leverage its expertise in large-scale electromechanical and construction projects to ensure efficient project execution and contribute positively to local socio-economic development [7].

财务方面，截至3月底的2024/25财年，金叶国际年度收入按年增26%至1.54亿元，年内利润增36%至 1407万元。不过，公司预计2025/26财年净利润大幅减少，主要受累于上市开支影响。 金叶国际表示，该公司拟将所得款项净额中，约56.1%用于拨付新项目的前期成本；约32.6%用于招聘 新员工及租赁额外办公室；约1.3%用于升级"GL ERP"系统；余款用作一般营运资金。 招股书显示，金叶国际是一家从事机电工程的老牌承建商，历史可追溯至2006年。集团专注于供应、安 装及维修暖通空调、电力及供水系统，主要承接私营项目并担任主承建商。过去两年，私营项目收入占 比超过97%，主承建商收入占比逾86%。提供的机电合约类型涵盖总价、维护及定期合约。 金叶国际在香港机电工程行业拥有良好往绩。于往绩记录期间，集团已完成超过2,000个不同规模的项 目，截至2025年7月31日，集团现时有187个在手项目。 智通财经APP获悉，香港本地机电工程承建商金叶国际集团(08549)于9月30日至10月6日招股，为2025年 首家拟在港交所GEM上市股份招股，最新已结束认购。截至10月6日中午，金叶国际已获券商借出587 亿 ...

香港本地机电工程承建商金叶国际集团(08549)于9月30日至10月6日招股，为2025年首家拟在港交所 GEM上市股份招股，最新已结束认购。截至10月6日中午，金叶国际已获券商借出587亿元孖展，以公 开发售集资额650万元计，超购9030倍，成历来超额认购倍数最高的"IPO超购王"。 金叶国际计划发售1亿股H股，公开发售占10%，每股招股价介乎0.45元至0.65元，集资4500万至6500万 元，每手5000股，入场费3282.77元。 金叶国际预期将于10月10日在港交所GEM挂牌，同人融资为其独家保荐人。 招股书显示，金叶国际是一家从事机电工程的老牌承建商，历史可追溯至2006年。集团专注于供应、安 装及维修暖通空调、电力及供水系统，主要承接私营项目并担任主承建商。过去两年，私营项目收入占 比超过97%，主承建商收入占比逾86%。提供的机电合约类型涵盖总价、维护及定期合约。 金叶国际在香港机电工程行业拥有良好往绩。于往绩记录期间，集团已完成超过2,000个不同规模的项 目，截至2025年7月31日，集团现时有187个在手项目。 财务方面，截至3月底的2024/25财年，金叶国际年度收入按年增26%至 ...

该公司是一家成立于2006年的机电工程承建商，主要为香港的现有商业物业提供暖气、通风及冷气调节 系统、电力装置系统及给供水系统的供应、安装、保养及维修服务。发售所得款项净额预计约为3830万 港元，将用于新项目成本、招聘及租赁、系统升级及一般营运资金。 金叶国际集团2025年9月30日至10月6日进行招股，拟发售1亿股，发行价区间为每股0.45—0.65港元。预 期股份将于2025年10月10日开始在联交所买卖。 ...

此外，股份发售所得款项净额(假设发售量调整权未获行使)按发售价每股发售股份0.55港元计算，估计 约为3830万港元。其中，约56.1%将用于拨付公司新项目的前期成本;约32.6%将用于招聘新员工及租赁 额外办公室;约1.3%将用于将公司的'GL ERP"系统升级;及约10.0%将用作公司的一般营运资金。 据悉，该公司是一家从事机电工程的老牌承建商，历史可追溯至2006年。该公司专门按个别项目基准供 应、安装、保养及维修(i)暖气、通风及冷气调节系统;(ii)电力装置系统;及(iii)给供水系统。于往绩记录 期间，该公司主要担任主承建商，项目主要为私营项目，而项目的持有人主要为大型物业管理公司。 于2023/24财年及2024/25财年，该公司来自私营项目的收入分别占总收入约97.7%及98.2%，而来自公司 作为主承建商的项目的收入则分别占总收入约90.7%及86.4%。就公司的项目的物业类型而言，该公司 于往绩记录期间主要受聘为中国香港现有的商业物业提供服务，该等物业由若干大型物业管理公司管 理。该公司于往绩记录期间提供服务的商业物业遍布香港岛、九龙及新界，包括大角咀的奥海城、尖沙 咀的中港城、荃湾的荃新 ...

Summary of Key Points Core Viewpoint The Hong Kong stock market has seen significant activity from September 21 to September 27, with 25 companies submitting prospectuses, 3 companies passing hearings, and 2 new stocks successfully listed. Group 1: Companies Submitting Prospectuses - A total of 25 companies submitted listing applications to the Hong Kong Stock Exchange during the specified period, including major players like 大洋电机, 天赐材料, and 格林美 [2][4][5] - Notably, 12 of these companies have already listed on the A-share market, indicating a trend towards dual listings in both A and H shares [2][4] Group 2: Companies Passing Hearings - Three companies successfully passed hearings: 长风药业, 挚达科技, and 金叶国际 [30] - 长风药业 focuses on biopharmaceuticals for respiratory diseases, with projected revenues of 6.08 billion RMB in 2024 [31] - 挚达科技 is the largest provider of home electric vehicle charging stations globally, with revenues of 5.9 billion RMB in 2024 [32] - 金叶国际 is a long-established electromechanical engineering contractor, specializing in HVAC systems [33] Group 3: Companies in the IPO Process - Five companies are currently in the IPO process, including 长风药业, 紫金黄金国际, 西普尼, 博泰车联, and 奇瑞汽车 [34] - 奇瑞汽车 successfully listed on September 25, with a first-day stock price increase of 13.75% [41][43] Group 4: Financial Performance of Companies - 大洋电机 reported total revenues of approximately 109.3 billion RMB in 2022, with a projected increase to 121.13 billion RMB in 2024 [5] - 天赐材料's revenues were approximately 223.17 billion RMB in 2022, expected to decline to 125.18 billion RMB in 2024 [6] - 格林美's revenues were around 293.92 billion RMB in 2022, projected to reach 332.00 billion RMB in 2024 [7] - 万辰集团, a leading snack and beverage retailer, reported revenues of 5.49 billion RMB in 2022, with a significant increase to 323.29 billion RMB in 2024 [10] Group 5: Market Trends and Insights - The trend of companies seeking dual listings in both A and H shares is becoming more prevalent, reflecting a strategic move to access broader capital markets [2][4] - The overall activity in the Hong Kong IPO market indicates a robust interest from companies looking to capitalize on the favorable market conditions [2][30]

公司承接大量小型项目，单个收入贡献少于50万港元，这通常能带来较高的毛利率。截至2025年7月31 日，公司手头拥有187个项目，未完成订单价值约为6280万港元。 金叶国际主要从事机电工程，业务涵盖供应、安装、保养及维修暖气、通风及冷气调节系统、电力装置 系统以及给供水系统。服务对象主要为由大型物业管理公司管理的香港现有商业物业，项目遍布香港各 区。项目合约类型包括总价合约、维护合约及定期合约。 金叶国际已通过港交所创业板上市聆讯，同人融资为其独家保荐人。 ...

| [编纂]股股份(視乎[编纂]行使與否而定) | [编纂]數目 | .. | [编纂]數目 | .. | [编纂]股股份(可于重新分配) | | --- | --- | --- | --- | --- | --- | | .. | [编纂]股股份(可予重新分配及視乎[编纂]行使與否而定) | [编纂 数目 | : | 每股[编纂]不多於[編纂]及預期每股[编纂]不少於[编 | [譜》] | | 纂],另加1%經紀佣金、0.0027%設監會交易徵費、 | 0.00015%曾財局交易微覆及0.00565%聯交所交易費 | | | | | | (須於[編纂]時以港元繳足,多繳款項可予退還) | 面值 | 每股股份0.01港元 | | | | | : | 【調景】 | 【甜蜜】 | | | | | Company of the company of the company of the company of the company of the company of the county of the county of | | | | | | 智通财经APP获悉，据港交所9月26日消息，金叶国际集团有限公司(金叶 ...

Core Viewpoint - The company has signed a contract for the "Bohong Ulanqab Smart Education Industrial Base Project Phase I Electromechanical General Contracting Project," which is expected to positively impact future revenues [35][36]. Group 1: Project Details - Project Name: Bohong Ulanqab Smart Education Industrial Base Project Phase I Electromechanical General Contracting Project [2] - Contract Amount: The total contract price is approximately ¥840 million (about $120 million), with a non-tax amount of approximately ¥770.64 million (about $110 million) and a tax amount of approximately ¥69.36 million (about $10 million) [7][8]. - Construction Scope: The project includes the construction of two buildings (Building 111 and Building 112) with a total area of 24,600 square meters and an IT capacity of 60MW [2][3]. Group 2: Responsibilities and Risks - The company, as a member of the bidding consortium, will fulfill its contractual obligations and is expected to generate corresponding revenue [35]. - The contract includes clauses regarding breach of contract, specifying the responsibilities and penalties for both the contractor and the client [9][19][22].