00901 華曦達
SDMC
SDMC
| Register Close | 2026/05/21 IPO Closing in 3 Days |
| Listing Date | 2026/05/27 |
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IPO Detail
COMPANY PROFILE
Shenzhen SDMC Technology Co. is a provider of smart home products for enterprise customers, focused on enhancing home applications through intelligent technologies. The smart home products the Group offer include both hardware and software products.
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The Group’s solutions allow users to control their home with ease leveraging the application of cloud, IoT and AI technologies, through its digital video devices, such as media streaming terminals, speakers, projectors, and cameras, network communication devices, such as optical network terminals, Wi-Fi routers, and cable modems, and system platforms, such as Cedar, XHome and XMediaTV.
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According to the report, the Group is the eighth largest provider globally, and the third largest among Chinese Mainland-based providers, in the global smart home product for enterprise customers market in terms of revenue in 2024, with a market share of 2.7%.
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The Group’s revenue was mainly generated from sales of hardware products, namely its digital video devices and network communication devices, its end enterprise customers are primarily telecom operators and retailers. The Group has cumulatively delivered smart home products, comprising end-to-end hardware and software solutions, to over 300 global telecom operators and retailers, serving millions of households worldwide.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Household Appliances & Electronics |
| Major Business Area | China |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 19.21M H shares |
| No. of International Offer Shares | 17.29M H shares |
| No. of HK Offer Shares | 1.92M H shares |
| Offer Price | $32.8 |
| Stock Code | 901 |
| Sponsor(s) | China Securities (International) Corporate Finance Company Limited |
| Underwriter(s) | China Securities (International) Corporate Finance Company Limited, CMB International Capital Limited, CCB International Capital Limited, ABCI Securities Company Limited, CNCB (Hong Kong) Capital Limited, Get Nice Securities Limited, Forthright Securities Company Limited, Roofer Securities Limited |
TIME TABLE
| Application Period | May 18 (Mon) - noon, May 21 (Thu) |
| Price Determination Date | -- |
| Result Announcement Date | On or before May 26 (Tue) |
| Result Announcement Date | On or before May 26 (Tue) |
| Result Announcement Date | On or before May 27 (Wed) |
| Dealings in Shares commence on | May 27, 2026. (Wed) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $32.8 |
| Capitalization (H Shares) | 6.87B |
| NAV / share ($) | $9.68 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 32.8, the net proceeds raised would be HKD 570.00M, of which |
| 25% : Enhance market position and develop new products |
| 35% : Invest in AI Home-related technologies |
| 20% : Global expansion |
| 10% : Invest in upstream and downstream market players with strong potential in areas invest in areas of AI and algorithms |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*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).