Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Timetable
科通芯城集團
Cogobuy Group
COMPANY PROFILE

Cogobuy Group is a leading e-commerce company dedicated to serving the electronics manufacturing industry in China. It operates the largest transaction-based e-commerce platform for IC and other electronic components in China as measured by GMV in 2013, according to Analysys International. Through its e-commerce platform, including a direct sales platform, an online marketplace and a dedicated team of technical consultants and professional sales representatives, it provides customers with comprehensive online and offline services across pre-sale, sale and post-sale stages. In 2013, the Group fulfilled orders with a GMV of approximately RMB3.9 billion.

Cogobuy Group started its sales of IC and other electronic components in 2000. Prior to June 2011, its business primarily consisted of offline distribution of IC and other electronic components. Since mid-2011, it started operating direct sales platform. In July 2013, it started operating online marketplace business through its e-commerce platform.

Cogobuy Group generates revenue from the sales of IC and other electronic components either through its direct sales platform or marketplace platform. It sells products primarily through direct sales platform, which has accounted for substantially all of the Group’s revenues since the inception of the Group. It also generates revenues by charging commission fees to third-party merchants who sells products and services through marketplace platform.

The Group's customers are mainly electronics manufacturers based in China. It caters to the needs of electronics manufacturers of all scales, including both SME customers and blue-chip customers, in which SME has a significant demand for its services. Its customer base is a diversified group of electronics manufacturers engaged in various segments. It had a strong network of approximately 500 suppliers, including some of the top suppliers in key product categories, such as Freescale for automotive components, Broadcom and SanDisk for smart mobile device components and Xilinx for field-programmable gate arrays.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureSemiconductors
Websitewww.cogobuy.com
Board Lot1,000
Registrar & Transfer OfficeComputershare Hong Kong Investor Services
GLOBAL OFFERING
No. of Offer Shares344m shares
No. of International Placing Shares309m shares
No. of HK Offer Shares34.38m shares
Offer Price$3.20 - $4.80
Nominal ValueUS$ 0.0000001 each
Stock Code400
Sole SponsorUBS Securities Hong Kong
Joint Global CoordinatorsUBS AG, Jefferies Hong Kong
Joint Bookrunners and Joint Lead ManagersUBS AG, Jefferies Hong Kong, CCB International Capital, China Securities (International) Corporate Finance
TIME TABLE
Application PeriodJul 8 (Tue) - Noon, Jul 11 (Fri)
Price Determination DateOn or Before 5pm, Jul 11 (Fri)
Result Announcement DateOn or Before Jul 17 (Thu)
Dispatch of Shares and Refund ChequesOn or Before Jul 17 (Thu)
Dealings in Shares commence onJul 18, 2014. (Fri)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
DIRECTORS
ExecutiveKANG Jingwei (Chairman), WU Lun Cheung Allen
Independent Non-ExecutiveZHONG Xiaolin Forrest, YE Xin, YAN Andrew
MAJOR SHAREHOLDERS
Director KANG Jingwei 51.08%
YAO Yi21.83%
INCOME STATEMENT (RMB'000)
(Year ended Dec 31)
2014 *20132012
Revenue1,354,0182,417,277199,306
Gross Profit102,440202,08653,618
Pre-Taxed Profit33,240102,44838,199
Attributable Profit for the period24,77782,09929,619
EPS - Basic (RMB)0.030.092.96
* For the three months ended March 31, 2013.
OFFER STATISTICS (HK$)
Offer Price$3.20 - $4.80
Capitalization$4,397m - $6,156m
Unaudited pro forma adj NAV / share$0.91 - $1.21
USE OF PROCEEDS
Assuming the offer price being at the mid-point of $3.84, the net proceeds raised would be HK$1,253.8m, of which:
* $438.8m (35%) for expanding marketing and promotion activities;
* $376.1m (30%) for expanding and enhancing of e-commerce platform, investing in technology infrastructure, as well as for conducting other research and development activities;
* $313.5m (25%) for funding potential acquisition of, or investment in, technologies and complementary online business, partnerships and licensing opportunities;
* the balance of $125.4m (10%) as additional working capital.
CHART
IPO NEWS
No related information.
RELATED STOCK COMPARISON
Code Name Nominal Change %Change
00400COGOBUYup2.9000.0602.113%
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
  Quote data is at least 15-min delayed,last updated: 22/10/2018 16:14
IPO Calculator
Name︰
--
--
--
Subscription --
Result Announcement --      Listing --
Offer Price︰--
Currency :
Listing Price
Board Lot :
Admission Fee*
:
Subscribing Lot :
Subscribing Fee :

Subscribing Amount :
*Admission fees include brokerage of 1%, SFC transaction levy of 0.003% and Stock Exchange trading fee of 0.005% (i.e. 1.008% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
 
Copyright 2018 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.