Company Overview
| Stock Name | Buyang Intl |
|---|---|
| Stock Code | 02457 |
| Company Full Name | To be extracted |
| Industry | 工業制造 |
| Principal Activities | 主要從事制造及銷售鋁合金汽輪。 |
| Listing Date | 2022-12-15 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國浙江省永康市西城街道步陽路8號 |
| 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.bywheel.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$ 0.50 / 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 | 24.0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 50,000,000 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 5,000 | HK$ 2,500 |
| 2 lots | 10,000 | HK$ 5,000 |
| 3 lots | 15,000 | HK$ 7,500 |
| 4 lots | 20,000 | HK$ 10,000 |
| 5 lots | 25,000 | HK$ 12,500 |
| 6 lots | 30,000 | HK$ 15,000 |
| 7 lots | 35,000 | HK$ 17,500 |
| 8 lots | 40,000 | HK$ 20,000 |
| 9 lots | 45,000 | HK$ 22,500 |
| 10 lots | 50,000 | HK$ 25,000 |
| 12 lots | 60,000 | HK$ 30,000 |
| 14 lots | 70,000 | HK$ 35,000 |
| 16 lots | 80,000 | HK$ 40,000 |
| 18 lots | 90,000 | HK$ 45,000 |
| 20 lots | 100,000 | HK$ 50,000 |
| 30 lots | 150,000 | HK$ 75,000 |
| 40 lots | 200,000 | HK$ 100,000 |
| 50 lots | 250,000 | HK$ 125,000 |
| 60 lots | 300,000 | HK$ 150,000 |
| 70 lots | 350,000 | HK$ 175,000 |
| 80 lots | 400,000 | HK$ 200,000 |
| 90 lots | 450,000 | HK$ 225,000 |
| 100 lots | 500,000 | HK$ 250,000 |
| 120 lots | 600,000 | HK$ 300,000 |
| 140 lots | 700,000 | HK$ 350,000 |
| 160 lots | 800,000 | HK$ 400,000 |
| 180 lots | 900,000 | HK$ 450,000 |
| 200 lots | 1,000,000 | HK$ 500,000 |
| 400 lots | 2,000,000 | HK$ 1,000,000 |
| 600 lots | 3,000,000 | HK$ 1,500,000 |
| 800 lots | 4,000,000 | HK$ 2,000,000 |
| 1,000 lots | 5,000,000 | HK$ 2,500,000 |
| 1,400 lots | 7,000,000 | HK$ 3,500,000 |
| 1,600 lots | 8,000,000 | HK$ 4,000,000 |
| 1,800 lots | 9,000,000 | HK$ 4,500,000 |
| 2,000 lots | 10,000,000 | HK$ 5,000,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 2,500 lots | 12,500,000 | HK$ 6,250,000 |
Stock Connect Inclusion
| HK Market Cap | --- |
|---|
| 26Q2 Regular Review | |
| Inclusion Pathway | None |
|---|---|
| Est. Threshold | --- |
| Analysis Result | 无法确定入通路径 |
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$ 0.3 |
|---|---|
| First Day Open | HK$ 0.355 |
| First Day Change | -40.00% |
| First Day Volume | 219745000.0 |
| First Day Turnover | 80479100.0 |
Use of Proceeds
| Use of Proceeds | 1、約57.0%（約43.7百萬港元或人民幣38.2百萬元）將用于擴大產能，包括購置新設備以供鋁合金汽輪生產所用； 2、約36.2%（約27.8百萬港元或人民幣24.2百萬元）將用于在我們計劃通過使用我們內部資源收購的潛在地塊上建設新生產廠房、倉庫及其他輔助設施，以配合我們擴大的產能； 3、約6.8%（約5.2百萬港元或人民幣4.5百萬元）將用于設計、開發及測試我們的新模具及樣品。 |
|---|
Underwriting Syndicate
Sole Sponsor (1)
ZHONGTAI INTERNATIONAL CAPITAL LIMITED CE BBY334
Overall Coordinators (1)
ZHONGTAI INTERNATIONAL SECURITIES LIMITED CE BAA855
Joint Bookrunners (11)
ZHONGTAI INTERNATIONAL SECURITIES LIMITED CE BAA855
BOCOM International Securities Limited CE APJ121
SPDB International Capital Limited CE BFZ375
广发证券（香港）经纪有限公司 CE AOB364
CEB International Capital Corporation Limited CE BGH296
PING AN SECURITIES (HONG KONG) COMPANY LIMITED CE BMC491
SOUTHWEST SECURITIES (HK) BROKERAGE LIMITED CE ACB501
First Shanghai Securities Limited CE ABV488
Quam Securities Limited CE AAC577
ZHESHANG INTERNATIONAL FINANCIAL HOLDINGS CO., LIMITED CE BGD825
ZMF Asset Management Limited CE AWF641
Joint Lead Managers (14)
ZHONGTAI INTERNATIONAL SECURITIES LIMITED CE BAA855
BOCOM International Securities Limited CE APJ121
SPDB International Capital Limited CE BFZ375
广发证券（香港）经纪有限公司 CE AOB364
CEB International Capital Corporation Limited CE BGH296
PING AN SECURITIES (HONG KONG) COMPANY LIMITED CE BMC491
SOUTHWEST SECURITIES (HK) BROKERAGE LIMITED CE ACB501
First Shanghai Securities Limited CE ABV488
Quam Securities Limited CE AAC577
ZHESHANG INTERNATIONAL FINANCIAL HOLDINGS CO., LIMITED CE BGD825
ZMF Asset Management Limited CE AWF641
WEST BULL SECURITIES LIMITED CE BHT553
GOLDLINK SECURITIES LIMITED CE BHH779
SUNHIGH FINANCIAL HOLDINGS LIMITED CE BHJ194
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 安德(香港)投资有限公司 | 30,000,000 HKD | — | 24.00% | — | 6 months | 2023-06-15 |
Directors & Management
| Chairman | 徐步云 |
|---|---|
| Company Secretary | 徐月蓮 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 徐步云(75%) |
|---|
