Keytop Parking 02272 Prospectus Information

IPO Timeline Raw facts

Broker Deadline

2026-06-23

Morning deadline

HKEX Deadline

2026-06-23

Noon deadline

Broker Results (T-2)

2026-06-24

Some brokers release in afternoon

Grey Market (T-1)

2026-06-25

Afternoon

HKEX Allotment (T-1)

2026-06-25

Evening

Registrar Allotment (T-1)

2026-06-25

Evening

Listing Day (T)

2026-06-26

First day of trading

Company Overview

Stock Name	Keytop Parking
Stock Code	02272
Company Full Name	Keytop Parking Inc.
Industry	汽車及出行
Principal Activities	We are a smart parking space operator, providing integrated services that combine digital-intelligent parking systems, digital-intelligent parking management services and parking lot operations. Through smart hardware, cloud-based software, user-end applications and other means, we meet the diverse needs of parking lot owners, operators and vehicle owners.
Listing Date	2026-06-26
Listing Rules Era	New Rules (after Aug 2025)
Listing Rules Chapter	To be extracted
Weighted Voting Rights (WVR)	No
Registered Address (Mainland China)	中國福建省廈門市軟件園觀日路58號301單元
Business Address (Hong Kong)	香港銅鑼灣希慎道33號利園一期19樓1901室
Place of Incorporation	China
Listing Method	Global Offering
Listing Board	Main Board
Website	www.keytop.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 Listing	No

Offering Information

Offering Mechanism	Mechanism B
Offer Price	HK$ 39.55 / shares
Offer Price Range	Final offer price only, no range
Lot Size	60 shares
Entry Threshold	HK$ 2,373
Par Value	RMB 1.0 / shares
Offer Period	2026-06-17 to 2026-06-23
Global Offering Shares	10,112,280 shares
HK Public Offer Shares (Initial)	1,011,240 shares (10.0%)
Public Offer Lots (Initial)	16,854lots (8,427lots, 8,427lots)
International Placing Shares (Initial)	9,101,040 shares (90.0%)
Offer Ratio	~10.0%
Total Shares Post-IPO	101,112,280 shares
Greenshoe (Over-allotment Option)	Yes
Stabilizing Manager (Greenshoe)	China International Capital Corporation Hong Kong Securities Limited CE AEN894
Cornerstone Share	No cornerstone investors
Clawback Tiers	To be extracted
Reallocation Option	Yes
Total Global Offering Size	HK$ 399,940,674

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	60	HK$ 2,373
2 lots	120	HK$ 4,746
3 lots	180	HK$ 7,119
4 lots	240	HK$ 9,492
5 lots	300	HK$ 11,865
6 lots	360	HK$ 14,238
7 lots	420	HK$ 16,611
8 lots	480	HK$ 18,984
9 lots	540	HK$ 21,357
10 lots	600	HK$ 23,730
15 lots	900	HK$ 35,595
20 lots	1,200	HK$ 47,460
25 lots	1,500	HK$ 59,325
30 lots	1,800	HK$ 71,190
35 lots	2,100	HK$ 83,055
40 lots	2,400	HK$ 94,920
45 lots	2,700	HK$ 106,785
50 lots	3,000	HK$ 118,650
75 lots	4,500	HK$ 177,975
100 lots	6,000	HK$ 237,300
125 lots	7,500	HK$ 296,625
150 lots	9,000	HK$ 355,950
175 lots	10,500	HK$ 415,275
200 lots	12,000	HK$ 474,600
225 lots	13,500	HK$ 533,925
250 lots	15,000	HK$ 593,250
500 lots	30,000	HK$ 1,186,500
750 lots	45,000	HK$ 1,779,750
1,000 lots	60,000	HK$ 2,373,000
1,250 lots	75,000	HK$ 2,966,250
1,500 lots	90,000	HK$ 3,559,500
1,750 lots	105,000	HK$ 4,152,750
2,000 lots	120,000	HK$ 4,746,000

Pool B

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
2,250 lots	135,000	HK$ 5,339,250
2,500 lots	150,000	HK$ 5,932,500
5,000 lots	300,000	HK$ 11,865,000
7,500 lots	450,000	HK$ 17,797,500
8,427 lots	505,620	HK$ 19,997,271

Stock Connect Inclusion

HK Market Cap	HK$ 11.48B

26Q2 Regular Review
Inclusion Pathway	Small Cap Regular Path
Est. Threshold	HK$ 10.47B Met
Analysis Result	预计2026年9月7日入通

Valuation & Financials

Market Cap (at Offer Price)	HK$ 3,998,990,674
Pre-IPO Valuation (Last Round)	Not disclosed
P/E Ratio	Approximately 35.8x (based on offer price HK$39.55 and 2025 EPS)
Profit/Loss Status	Net profit RMB 93.7 million
Period-End Cash Balance	RMB 190.68 million
Listing Expenses	To be extracted
Listing Expenses / Funds Raised	~15.0%
Total Pre-IPO Investment	To be extracted

First Day Performance

First Day Close	Loading...

Underwriting Syndicate

Joint Sponsors (2)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 CMBC International Capital Limited CE BIY679

Sponsor cum Overall Coordinator (2)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 CMBC SECURITIES COMPANY LIMITED CE APU820

Overall Coordinators (4)

Joint Global Coordinators (5)

Joint Bookrunners (13)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 CMBC SECURITIES COMPANY LIMITED CE APU820 SDIC SECURITIES CORPORATE FINANCE (HONG KONG) LIMITED CE ADS612 SkyVast Securities Limited CE AVT666 CMB International Capital Limited CE AVM940 Futu Securities International (Hong Kong) Limited CE AZT137 SHENWAN HONGYUAN SECURITIES (H.K.) LIMITED CE AAC927 CCB International Capital Limited CE AJO225 Somerley Capital Limited CE BAU754 Huafu International Securities Limited CE BQC241 YUE XIU SECURITIES COMPANY LIMITED CE ABQ722 Yuen Meta (International) Securities Limited CE BIL855 TFI Securities and Futures Limited CE BAV573

Joint Lead Managers (15)

Capital Market Intermediaries (15)

Stabilizing Manager (1)

China International Capital Corporation Hong Kong Securities Limited CE AEN894

Service Providers

Role	Institution
Legal Advisor to Company	Han Kun Law Offices LLP King & Wood 上海市锦天城律师事务所
Legal Advisor to Sponsors/Underwriters	普衡律师事务所（香港）有限法律责任合伙 Jingtian & Gongcheng
Auditor and Reporting Accountant	毕马威会计师事务所
Industry Advisor	China Insights Industry Consultancy Limited
Receiving Banks	CMB Wing Lung Bank Limited

Cornerstone Investors

This stock has no cornerstone investors.

Directors & Management

Chairman	孫龍喜
Company Secretary	吳怡婷、蘇麗珊

Executive Director (2)

#	Name	English Name	Type
1	孙龙喜	—	Executive Director
2	黄金练	—	Executive Director

Non-Executive Director (2)

#	Name	English Name	Type
1	王忠生	—	Non-Executive Director
2	叶桦	—	Non-Executive Director

Independent Non-Executive Director (3)

#	Name	English Name	Type
1	李小琳	—	Independent Non-Executive Director
2	苏新龙	—	Independent Non-Executive Director
3	陈琳伟	—	Independent Non-Executive Director

Major Shareholders

Major Shareholders & Holdings	The controlling shareholders are Mr. 孫龍喜, Mr. 黃金練 and 廈門鏵龍電子科技有限公司 (persons acting in concert), who jointly hold approximately 48.28% of the issued share capital immediately after the Global Offering.

Keytop Parking 02272Prospectus Information