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IPO Timeline Raw facts

Broker Deadline
Morning deadline
HKEX Deadline
Noon deadline
Broker Results (T-2)
Some brokers release in afternoon
Grey Market (T-1)
Afternoon
HKEX Allotment (T-1)
Evening
Registrar Allotment (T-1)
Evening
Listing Day (T)
First day of trading

Company Overview

Stock NameAMICRO
Stock Code02065
Company Full NameAmicro Technology Co., Ltd.
IndustryRobotics
Principal ActivitiesWe are a robotics technology platform mainly engaged in offering intelligent mobile robotics solutions, including inertial navigation robotic solutions, single-modal robotic solutions and multi-modal robotic solutions.
Listing Date2026-11-12
Listing StatusPre-listing
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterChapter 18C Specialist Technology
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國廣東省珠海市橫琴粵澳深度合作區智水路88號1508辦公室
Business Address (Hong Kong)香港銅鑼灣希慎道8號裕景商業中心14樓1450室
Place of IncorporationChina
Listing MethodGlobal Offering
Listing BoardMain Board
Websitewww.amicro.com.cn
Share Registrar卓佳证券登记有限公司 (Tricor Investor Services Limited)
Registrar Contact卓佳证券登记有限公司,香港金钟道89号力宝中心1座31楼3101-3103室
A-Share/US Dual ListingNo

Offering Information

Offering Mechanism 18C
Offer PriceTo be extracted
Offer Price RangeHK$ 9.27 - 11.58
Lot Size500 shares
Entry ThresholdHK$ 5,790
Par ValueRMB 1.0 / shares
Offer Period2026-10-31 to 2026-11-09
Global Offering Shares71,687,000 shares
HK Public Offer Shares (Initial)3,584,500 shares (5.0%)
Public Offer Lots (Initial)7,169lots (Pool A3,584lots,Pool B3,585lots)
International Placing Shares (Initial)68,102,500 shares (95.0%)
Offer Ratio~5.0%
Total Shares Post-IPO431,820,644 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)To be extracted
Cornerstone Share13.1%
Clawback TiersTo be extracted
Reallocation OptionYes
Total Global Offering SizeHK$ 830,135,460

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 SubscribedShares SubscribedSubscription Amount (HKD)
1 lots 500 HK$ 5,790
2 lots 1,000 HK$ 11,580
3 lots 1,500 HK$ 17,370
4 lots 2,000 HK$ 23,160
5 lots 2,500 HK$ 28,950
6 lots 3,000 HK$ 34,740
7 lots 3,500 HK$ 40,530
8 lots 4,000 HK$ 46,320
9 lots 4,500 HK$ 52,110
10 lots 5,000 HK$ 57,900
12 lots 6,000 HK$ 69,480
14 lots 7,000 HK$ 81,060
16 lots 8,000 HK$ 92,640
18 lots 9,000 HK$ 104,220
20 lots 10,000 HK$ 115,800
30 lots 15,000 HK$ 173,700
40 lots 20,000 HK$ 231,600
50 lots 25,000 HK$ 289,500
60 lots 30,000 HK$ 347,400
70 lots 35,000 HK$ 405,300
80 lots 40,000 HK$ 463,200
90 lots 45,000 HK$ 521,100
100 lots 50,000 HK$ 579,000
120 lots 60,000 HK$ 694,800
140 lots 70,000 HK$ 810,600
160 lots 80,000 HK$ 926,400
180 lots 90,000 HK$ 1,042,200
200 lots 100,000 HK$ 1,158,000
400 lots 200,000 HK$ 2,316,000
600 lots 300,000 HK$ 3,474,000
800 lots 400,000 HK$ 4,632,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,000 lots 500,000 HK$ 5,790,000
1,200 lots 600,000 HK$ 6,948,000
1,400 lots 700,000 HK$ 8,106,000
1,600 lots 800,000 HK$ 9,264,000
1,800 lots 900,000 HK$ 10,422,000
2,000 lots 1,000,000 HK$ 11,580,000
3,000 lots 1,500,000 HK$ 17,370,000
3,584 lots 1,792,000 HK$ 20,751,360

Stock Connect Inclusion Analysis

26Q4 Regular Review
Inclusion Pathway Regular Path
HK Market Cap HK$ 5B
Est. Threshold HK$ 9.51B Market cap gap 47%
Analysis Result 市值不达标(市值差 47%)
* IPO in progress, estimated at upper bound offer price

Valuation & Financials

Market Cap (at Offer Price)HK$ 4,002,977,369 - 5,000,483,057
Pre-IPO Valuation (Last Round)Not disclosed
P/E Ratio不適用(公司處於虧損狀態)
Profit/Loss Status虧損人民幣155.1百萬元
Period-End Cash BalanceTo be extracted
Listing ExpensesTo be extracted
Listing Expenses / Funds RaisedTo be extracted
Total Pre-IPO InvestmentTo be extracted

Financial Data

Unit: '000 RMB
Income Statement
Item 202320242025
Revenue 205,960285,803406,721
Cost of sales -193,389-251,924-294,086
Gross profit 12,57133,879112,635
Other income and gains, net 38,31234,69932,490
Selling and distribution expenses -23,836-30,949-56,583
Administrative expenses -14,641-22,103-100,151
Net finance costs -249-613-3,040
Share of associates and JVs -713-586-150
Profit before tax -113,068-98,668-154,915
Income tax expense -121-190-166
Profit for the year -113,189-98,858-155,081
Profit attributable to owners -113,200-99,325-155,879
Balance Sheet
Item 202320242025
Cash and cash equivalents 80,768392,116255,197
Trade and bills receivables 55,70160,00462,410
Inventories 106,97985,502142,705
Total current assets 637,573579,094506,177
Total assets 665,720641,018570,621
Total current liabilities 56,680110,338177,972
Total liabilities 57,749130,388201,067
Total equity 607,971510,630369,554
Equity attributable to owners 607,804509,996368,122
Cash Flow Statement
Item 202320242025
Net cash from operating activities -57,163-63,826-68,932
Net cash from investing activities 119,463343,899-13,788
Net cash from financing activities -4,40331,275-54,199
Net increase in cash 57,897311,348-136,919
Income Statement
Balance Sheet
Cash Flow Statement
Source: Accountants' Report and Audited Consolidated Financial Statements
First Day CloseLoading...
Use of Proceeds
約70.0%用於強化軟硬件及AI SoC方面優勢、約10.0%用於拓展國內外市場、約10.0%用於戰略投資與收購、約10.0%用作營運資金及一般企業用途。

Underwriting Syndicate

Joint Sponsors (2)
中信建投(国际)融资有限公司 CE BAU112 国泰君安融资有限公司 CE AGS488
Sponsor cum Overall Coordinator (2)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236
Overall Coordinators (2)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236
Joint Global Coordinators (4)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236 Starlight Securities Limited 国信证券(香港)经纪有限公司 CE AUI491
Joint Bookrunners (4)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236 华金证券(国际)有限公司 CE BFJ286 衡山证券资产管理有限公司 CE BFT408
Joint Lead Managers (2)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236
Capital Market Intermediaries (6)
中信建投(国际)融资有限公司 CE BAU112 国泰君安证券(香港)有限公司 CE ABY236 Starlight Securities Limited 国信证券(香港)经纪有限公司 CE AUI491 华金证券(国际)有限公司 CE BFJ286 衡山证券资产管理有限公司 CE BFT408

Service Providers

RoleInstitution
Legal Advisor to Company 高伟绅律师行
通商律师事务所
Legal Advisor to Sponsors/Underwriters 金杜律师事务所
上海市锦天城律师事务所
Auditor and Reporting Accountant 德勤‧关黄陈方会计师行
Industry Advisor 弗若斯特沙利文(北京)咨询有限公司上海分公司
Receiving Banks 中信银行(国际)有限公司

Cornerstone Investors

#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 Digital Horizon 87,000,000 HKD 8,258,000 11.52% 1.91% 6 months 2027-05-12
2 光莆香港 12,000,000 HKD 1,139,000 1.59% 0.26% 6 months 2027-05-12

Directors & Management

PositionChinese nameEnglish Name
Chairman姜新橋—
Company Secretary阮杰勝、趙娜—
Executive Director姜新桥JiangXinqiao
Non-Executive DirectorYe Weigang Greg
Independent Non-Executive Director陈永璘ChanWingLun
Executive Director黄明强HuangMingqiang
Non-Executive Director崔玮CuiWei
Independent Non-Executive Director陶晓慧TaoXiaohui
Executive Director赖钦伟LaiQinwei
Independent Non-Executive Director朱建阳ZhuJianyang
Executive Director唐伟华TangWeihua
Independent Non-Executive Director肖燕XiaoYan
Independent Non-Executive Director邵要华ShaoYaohua
Independent Non-Executive Director易菲芃YiFeipeng

Major Shareholders

Major Shareholders & HoldingsSingle Largest Group of Shareholders comprising Ms. Jiang and the ESOP Platforms holds approximately 23.73% of issued share capital as of the Latest Practicable Date and will hold approximately 19.79% immediately following the Global Offering; Pre-IPO Investors hold approximately 66.97%.
About this page

This page shows AMICRO (02065) prospectus details: offer price range, fundraise size, cornerstone investors, greenshoe, Pool A/B allocation and syndicate. For eligible IPOs it also provides a Stock Connect inclusion analysis, indicating the pathway and estimated timing for Southbound Connect admission; for A-share / US secondary listings, it additionally compares the other market's price, exchange rate and the H-share premium/discount. Data is parsed from the HKEX prospectus and related announcements. New to IPO subscription? See Hong Kong IPO Subscription 101.

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