Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Detail
09663 國鴻氫能
SINOSYNERGY
Listing Date2023/12/05
Listing Price19.660
 
Quote
  • 16.920 -1.680 (-9.032%)    Sink Below Listing Price
  • 15-min delayed, last update: 30/04/2024 17:59
Subscription Result
  • Subscription Rate
    1.18x
  • Guarantee One Lot Size
    1 lot
  • One Lot Success Rate
    100%
COMPANY PROFILE

Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co. is a technology-based hydrogen fuel cell company in the PRC focusing on research, development, production and sales of hydrogen fuel cell stacks and hydrogen fuel cell systems.

--

The Group occupied the largest market share at 24.4% in terms of shipments of hydrogen fuel cell stacks and the second largest market share at 21.8% in terms of shipments of hydrogen fuel cell systems in the PRC for the year ended 31 December 2022.

--

The embossed flexible graphite bipolar plates it produced were mainly utilized for its further production of hydrogen fuel cell stacks, and its hydrogen fuel cell stacks were mainly incorporated into its hydrogen fuel cell systems or sold to hydrogen fuel cell system manufacturers for further incorporation into their hydrogen fuel cell systems.

--

Its customers mainly comprise hydrogen fuel cell systems manufacturers and hydrogen fuel cell vehicles manufacturers located in the PRC.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureIndustrials
Major Business AreaChina
Board Lot500
GLOBAL OFFERING
No. of Offer Shares79.52M H shares
No. of International Offer Shares71.57M H shares
No. of HK Offer Shares7.95M H shares
Offer Price$19.35 - $21.35
Stock Code9663
Sponsor(s)Huatai Financial Holdings (Hong Kong) Limited
Underwriter(s)Huatai Financial Holdings (Hong Kong) Limited, CMB International Capital Limited, GF Securities (Hong Kong) Brokerage Limited, Haitong International Securities Company Limited, Livermore Holdings Limited
TIME TABLE
Application PeriodNov 27 (Mon) - noon, Nov 30 (Thu)
Price Determination DateDec 01 (Fri)
Result Announcement DateOn or before Dec 04 (Mon)
Result Announcement DateOn or before Dec 04 (Mon)
Result Announcement DateOn or before Dec 05 (Tue)
Dealings in Shares commence onDec 05, 2023. (Tue)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
Sales Statistics (HKD)
Offer Price$19.35 - $21.35
Capitalization (H Shares)1.54B - 1.70B
NAV / share ($)$7.51 - $7.80 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 20.35, the net proceeds raised would be HKD 1.51B, of which
40% : Expanding the production capabilities of hydrogen fuel cell stacks and hydrogen fuel cell systems
20% : Funding the research and development of hydrogen fuel cell stacks, hydrogen fuel cell systems, graphite bipolar plates and hydrogen production equipment
10% : Funding the investment in, the potential acquisition of, or the alliance with companies in upstream industry
10% : Use for joint development of downstream transit and stationary applications of its product portfolios
10% : Use for team building, talents recruitment and training
10% : Working capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 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.