| Stock Name | Guming |
|---|---|
| Stock Code | 01364 |
| Company Full Name | Guming Holdings Limited |
| Industry | 食品飲料 |
| Principal Activities | 公司是一家行業領先、快速增長的中國現制飲品企業。 |
| Listing Date | 2025-02-12 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國浙江省杭州市蕭山區博學路618號科創中心A座5樓 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | http://www.gumingnc.com/ |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2980 1333 |
| A-Share/US Dual Listing | No |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 9.94 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | 2025-02-04 to 2025-02-07 |
| Global Offering Shares | To be extracted |
| HK Public Offer Shares (Initial) | To be extracted |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | To be extracted |
| Offer Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | No |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 30.5% |
| Clawback Tiers | To be extracted |
| Reallocation Option | No |
| Total Global Offering Size | HK$ 788,301,640 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 400 | HK$ 3,976 |
| 2 lots | 800 | HK$ 7,952 |
| 3 lots | 1,200 | HK$ 11,928 |
| 4 lots | 1,600 | HK$ 15,904 |
| 5 lots | 2,000 | HK$ 19,880 |
| 6 lots | 2,400 | HK$ 23,856 |
| 7 lots | 2,800 | HK$ 27,832 |
| 8 lots | 3,200 | HK$ 31,808 |
| 9 lots | 3,600 | HK$ 35,784 |
| 10 lots | 4,000 | HK$ 39,760 |
| 15 lots | 6,000 | HK$ 59,640 |
| 20 lots | 8,000 | HK$ 79,520 |
| 25 lots | 10,000 | HK$ 99,400 |
| 30 lots | 12,000 | HK$ 119,280 |
| 35 lots | 14,000 | HK$ 139,160 |
| 40 lots | 16,000 | HK$ 159,040 |
| 45 lots | 18,000 | HK$ 178,920 |
| 50 lots | 20,000 | HK$ 198,800 |
| 75 lots | 30,000 | HK$ 298,200 |
| 100 lots | 40,000 | HK$ 397,600 |
| 125 lots | 50,000 | HK$ 497,000 |
| 150 lots | 60,000 | HK$ 596,400 |
| 175 lots | 70,000 | HK$ 695,800 |
| 200 lots | 80,000 | HK$ 795,200 |
| 225 lots | 90,000 | HK$ 894,600 |
| 250 lots | 100,000 | HK$ 994,000 |
| 500 lots | 200,000 | HK$ 1,988,000 |
| 750 lots | 300,000 | HK$ 2,982,000 |
| 1,000 lots | 400,000 | HK$ 3,976,000 |
| 1,250 lots | 500,000 | HK$ 4,970,000 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1,500 lots | 600,000 | HK$ 5,964,000 |
| 1,750 lots | 700,000 | HK$ 6,958,000 |
| 2,000 lots | 800,000 | HK$ 7,952,000 |
| 2,250 lots | 900,000 | HK$ 8,946,000 |
| 2,500 lots | 1,000,000 | HK$ 9,940,000 |
| 5,000 lots | 2,000,000 | HK$ 19,880,000 |
| 7,500 lots | 3,000,000 | HK$ 29,820,000 |
| 10,000 lots | 4,000,000 | HK$ 39,760,000 |
| 12,500 lots | 5,000,000 | HK$ 49,700,000 |
| 15,000 lots | 6,000,000 | HK$ 59,640,000 |
| 17,500 lots | 7,000,000 | HK$ 69,580,000 |
| 19,826 lots | 7,930,400 | HK$ 78,828,176 |
| HK Market Cap | HK$ 57.86B |
|---|---|
| Analysis Result | Already included in Stock Connect (both, shenzhen, shanghai) |
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | Not disclosed |
| P/E Ratio | Not disclosed |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | RMB 2,357.96 million |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | ~8.2% |
| Total Pre-IPO Investment | To be extracted |
| First Day Close | HK$ 9.3 |
|---|---|
| First Day Open | HK$ 10.0 |
| First Day Change | -6.44% |
| First Day Volume | 134002000.0 |
| First Day Turnover | 1356760000.0 |
| Use of Proceeds | 1、約25%將用于擴充公司的信息技術團隊及繼續提升業務管理和門店運營的數字化； 2、約25%將用于加強公司的供應鏈能力和提升供應鏈管理效率； 3、約20%將用于加強品牌建設和與消費者聯系以及采取多元化方式建立品牌形象及提高消費者認知度； 4、約10%將用于在公司持續推行地域加密策略的同時新招聘員工負責加盟商管理，加強公司對加盟商的支持，并進一步建立緊密的加盟商團體； 5、約10%將用于聘用產品研發方面的專家及提升公司的產品研發能力； 6、約10%預計將用作營運資金及其他一般企業用途。 |
|---|
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Duckling Fund, L.P. | 62,319,824 HKD | — | 3.44% | — | 6 months | 2025-08-12 |
| 2 | GM Charm Yield (BVI) Limited | 116,850,664 HKD | — | 6.44% | — | 6 months | 2025-08-12 |
| 3 | Golden Valley Global Limited | 58,423,344 HKD | — | 3.22% | — | 6 months | 2025-08-12 |
| 4 | Golden Valley Value Select Master Fund | 58,423,344 HKD | — | 3.22% | — | 6 months | 2025-08-12 |
| 5 | Huang River Investment Limited | 194,756,408 HKD | — | 10.74% | — | 6 months | 2025-08-12 |
| 6 | Long-Z Fund I, LP | 62,319,824 HKD | — | 3.44% | — | 6 months | 2025-08-12 |
| Chairman | 王云安 |
|---|---|
| Company Secretary | 王賽斌,岑影文 |
| Major Shareholders & Holdings | Modern Leaves Limited(40.28%),Chivalrous Lancers Limited(18.43%),Cousin Tea Limited(12.81%) |
|---|
市场情绪
古茗 achieved a strong 194.87x oversubscription, signaling intense market demand, yet the 100% hit rate indicates all valid applications were fully allocated, likely due to reallocation and clawback. This combination of high demand and universal allocation reflects both robust enthusiasm and effective supply management. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购档位分析
With a 100% hit rate across the board, there are no tier-specific allocation anomalies; every applicant received shares regardless of subscription size, eliminating typical A-tail/B-head inefficiencies. Broker fee efficiency comparisons are moot here as no lottery was required. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购人群画像
Mainland Chinese investors overwhelmingly led participation at 87.7%, underscoring strong cross-border appetite for the brand. The investor base skewed male (65.5%) with an average age of 39.4, indicating a middle-aged, experienced demographic. Regional concentration likely centered in Guangdong, reflecting the tea chain's geographic footprint. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
