J&T Express-W 01519 Prospectus Information

Company Overview

Stock Name	J&T Express-W
Stock Code	01519
Company Full Name	To be extracted
Industry	貨運物流
Principal Activities	主要從事全球物流服務提供商，快遞業務在東南亞處于領先地位。
Listing Date	2023-10-27
Listing Rules Era	Old Rules
Listing Rules Chapter	To be extracted
Weighted Voting Rights (WVR)	Yes
Registered Address (Mainland China)	中國上海市青浦區華新鎮華隆路1777號5幢A棟1001室
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.jtexpress.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 data

Offering Information

Offering Mechanism	To be extracted
Offer Price	HK$ 12.00 / shares
Offer Price Range	To be extracted
Lot Size	To be extracted
Entry Threshold	To be extracted
Par Value	To be extracted
Offer Period	To be extracted
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)	To be confirmed
Stabilizing Manager (Greenshoe)	—
Cornerstone Share	39.9%
Clawback Tiers	To be extracted
Reallocation Option	To be confirmed
Total Global Offering Size	HK$ 391,862,400

Subscription Tiers

Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.

Pool A

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
1 lots	200	HK$ 2,400
2 lots	400	HK$ 4,800
3 lots	600	HK$ 7,200
4 lots	800	HK$ 9,600
5 lots	1,000	HK$ 12,000
6 lots	1,200	HK$ 14,400
7 lots	1,400	HK$ 16,800
8 lots	1,600	HK$ 19,200
9 lots	1,800	HK$ 21,600
10 lots	2,000	HK$ 24,000
15 lots	3,000	HK$ 36,000
20 lots	4,000	HK$ 48,000
25 lots	5,000	HK$ 60,000
30 lots	6,000	HK$ 72,000
35 lots	7,000	HK$ 84,000
40 lots	8,000	HK$ 96,000
45 lots	9,000	HK$ 108,000
50 lots	10,000	HK$ 120,000
100 lots	20,000	HK$ 240,000
150 lots	30,000	HK$ 360,000
200 lots	40,000	HK$ 480,000
250 lots	50,000	HK$ 600,000
300 lots	60,000	HK$ 720,000
350 lots	70,000	HK$ 840,000
400 lots	80,000	HK$ 960,000
450 lots	90,000	HK$ 1,080,000
500 lots	100,000	HK$ 1,200,000
1,000 lots	200,000	HK$ 2,400,000
1,500 lots	300,000	HK$ 3,600,000
2,000 lots	400,000	HK$ 4,800,000

Pool B

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
2,500 lots	500,000	HK$ 6,000,000
3,000 lots	600,000	HK$ 7,200,000
3,500 lots	700,000	HK$ 8,400,000
4,000 lots	800,000	HK$ 9,600,000
5,000 lots	1,000,000	HK$ 12,000,000
10,000 lots	2,000,000	HK$ 24,000,000
60,000 lots	12,000,000	HK$ 144,000,000

Stock Connect Inclusion

HK Market Cap	---
Analysis Result	Already included in Stock Connect (both, shenzhen, shanghai)

Valuation & Financials

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	To be extracted
Listing Expenses	To be extracted
Listing Expenses / Funds Raised	To be extracted
Total Pre-IPO Investment	To be extracted

First Day Performance

First Day Close	HK$ 12.0
First Day Open	HK$ 12.0
First Day Change	-23.00%
First Day Volume	21003700.0
First Day Turnover	251547000.0

Use of Proceeds

Use of Proceeds	1、約30%，或1,058.4百萬港元將用于拓寬物流網絡，升級基礎設施及強化在東南亞和其他現有市場的分揀及倉儲能力及容量； 2、約30%，或1,058.4百萬港元將用于開拓新市場及擴大服務范圍； 3、約30%，或1,058.4百萬港元將用于研發及技術創新； 4、約10%，或352.8百萬港元將用作一般企業目的及運營資金需求。

Underwriting Syndicate

Joint Sponsors (3)

Morgan Stanley Asia Limited CE AAD291 Merrill Lynch (Asia Pacific) Limited CE AAC198 China International Capital Corporation Hong Kong Securities Limited CE AEN894

Overall Coordinators (6)

Joint Bookrunners (21)

Morgan Stanley Asia Limited CE AAD291 Merrill Lynch (Asia Pacific) Limited CE AAC198 China International Capital Corporation Hong Kong Securities Limited CE AEN894 UBS Securities Hong Kong Limited CE BIN466 CCB International Capital Limited CE AJO225 CMB International Capital Limited CE AVM940 华泰金融控股（香港）有限公司 CE AOK809 BOCI ASIA LIMITED CE AET863 ABCI Securities Company Limited CE ACX411 BOCOM International Securities Limited CE APJ121 ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299 德意志银行香港分行 Daiwa Capital Markets Hong Kong Limited CE AAB639 GUOTAI JUNAN SECURITIES (HONG KONG) LIMITED CE ABY236 DBS ASIA CAPITAL LIMITED CE AAE430 China Galaxy International Securities (Hong Kong) Co., Limited CE AXM459 Futu Securities International (Hong Kong) Limited CE AZT137 Tiger Brokers (HK) Global Limited CE BMU940 VALUABLE CAPITAL LIMITED CE AUL711 RICHE BRIGHT SECURITIES LIMITED CE APH275 Fosun International Securities Limited CE AAF432

Joint Lead Managers (21)

Cornerstone Investors

#	Investor Name	Investment Amount	Shares Subscribed	% of Offer Shares	% of Total Shares	Lock-up Period	Est. Unlock Date
1	Aspex Master Fund	78,324,000 HKD	—	2.00%	—	6 months	2024-04-27
2	CELESTIAL OCEAN INVESTMENTS LIMITED	234,976,800 HKD	—	6.00%	—	6 months	2024-04-27
3	D1 SPV Jupiter (Hong Kong) Limited	84,328,800 HKD	—	2.15%	—	6 months	2024-04-27
4	D1 SPV Master Holdco I (Hong Kong) Limited	231,028,800 HKD	—	5.90%	—	6 months	2024-04-27
5	Dahlia Investments Pte. Ltd.	78,324,000 HKD	—	2.00%	—	6 months	2024-04-27
6	Eternal Earn Holding Limited	117,487,200 HKD	—	3.00%	—	6 months	2024-04-27
7	Hidden Hill SPV VIII	39,160,800 HKD	—	1.00%	—	6 months	2024-04-27
8	Huang River Investment Limited	274,140,000 HKD	—	7.00%	—	6 months	2024-04-27
9	Jallion Global Limited	86,157,600 HKD	—	2.20%	—	6 months	2024-04-27
10	JNRY III HOLDINGS LIMITED	78,324,000 HKD	—	2.00%	—	6 months	2024-04-27
11	Joyous Tempinis Limited	127,368,000 HKD	—	3.25%	—	6 months	2024-04-27
12	Parallel Cluster Investment Limited	93,991,200 HKD	—	2.40%	—	6 months	2024-04-27
13	SC GGF III Holdco, Ltd.	39,160,800 HKD	—	1.00%	—	6 months	2024-04-27

Directors & Management

Chairman	李杰
Company Secretary	尚泉汐,鄭程杰

No director data available.

Major Shareholders

Major Shareholders & Holdings	Jumping Summit Limited(11.11%);騰訊控股有限公司(6.07%);博裕實體(5.88%)

J&T Express-W 01519Prospectus Information