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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

Cross-Market Price Comparison

Other Listed Market Shenzhen (SZSE)
Other Market Stock Code002475
H-Share Offer PriceHK$ 63.28
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...

Company Overview

Stock NameLuxshare Ict
Stock Code02475
Company Full NameLuxshare Precision Industry Co., Ltd.
Industry精密智造
Principal ActivitiesProviding global customers in markets such as consumer electronics, automotive electronics, communications and data centers with cross-domain vertically integrated development and smart manufacturing solutions ranging from precision components and modules to systems.
Listing Date2026-07-09
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)中國 廣東省 東莞市 清溪鎮 北環路313號
Business Address (Hong Kong)中國香港 銅鑼灣 希慎道33號 利園一期19樓1901室
Place of IncorporationChina
Listing MethodGlobal Offering
Listing BoardMain Board
Websitewww.luxshare-ict.com
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 ListingYes (A股)

Offering Information

Offering Mechanism Mechanism B
Offer PriceHK$ 63.28 / shares
Offer Price RangeFinal offer price only, no range
Lot Size100 shares
Entry ThresholdHK$ 6,328
Par ValueRMB 1.0 / shares
Offer Period2026-06-30 to 2026-07-06
Global Offering Shares383,472,800 shares
HK Public Offer Shares (Initial)38,347,300 shares (10.0%)
Public Offer Lots (Initial)383,473lots (Pool A191,736lots,Pool B191,737lots)
International Placing Shares (Initial)345,125,500 shares (90.0%)
Offer Ratio~10.0%
Total Shares Post-IPO7,701,730,624 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)GOLDMAN SACHS (ASIA) L.L.C. CE ACC536
Cornerstone Share61.2%
Clawback TiersTo be extracted
Reallocation OptionYes
Total Global Offering SizeHK$ 24,266,158,784

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 100 HK$ 6,328
2 lots 200 HK$ 12,656
3 lots 300 HK$ 18,984
4 lots 400 HK$ 25,312
5 lots 500 HK$ 31,640
6 lots 600 HK$ 37,968
7 lots 700 HK$ 44,296
8 lots 800 HK$ 50,624
9 lots 900 HK$ 56,952
10 lots 1,000 HK$ 63,280
15 lots 1,500 HK$ 94,920
20 lots 2,000 HK$ 126,560
25 lots 2,500 HK$ 158,200
30 lots 3,000 HK$ 189,840
35 lots 3,500 HK$ 221,480
40 lots 4,000 HK$ 253,120
45 lots 4,500 HK$ 284,760
50 lots 5,000 HK$ 316,400
60 lots 6,000 HK$ 379,680
70 lots 7,000 HK$ 442,960
80 lots 8,000 HK$ 506,240
90 lots 9,000 HK$ 569,520
100 lots 10,000 HK$ 632,800
200 lots 20,000 HK$ 1,265,600
300 lots 30,000 HK$ 1,898,400
400 lots 40,000 HK$ 2,531,200
500 lots 50,000 HK$ 3,164,000
600 lots 60,000 HK$ 3,796,800
700 lots 70,000 HK$ 4,429,600
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
800 lots 80,000 HK$ 5,062,400
900 lots 90,000 HK$ 5,695,200
1,000 lots 100,000 HK$ 6,328,000
2,000 lots 200,000 HK$ 12,656,000
3,000 lots 300,000 HK$ 18,984,000
4,000 lots 400,000 HK$ 25,312,000
5,000 lots 500,000 HK$ 31,640,000
6,000 lots 600,000 HK$ 37,968,000
7,000 lots 700,000 HK$ 44,296,000
8,000 lots 800,000 HK$ 50,624,000
9,000 lots 900,000 HK$ 56,952,000
10,000 lots 1,000,000 HK$ 63,280,000
20,000 lots 2,000,000 HK$ 126,560,000
30,000 lots 3,000,000 HK$ 189,840,000
40,000 lots 4,000,000 HK$ 253,120,000
50,000 lots 5,000,000 HK$ 316,400,000

Stock Connect Inclusion Analysis

HK Market Cap HK$ 20.2B
Analysis Result Already included in Stock Connect (both)

Valuation & Financials

Market Cap (at Offer Price)HK$ 487,365,513,886
Pre-IPO Valuation (Last Round)Not disclosed
P/E RatioNot disclosed
Profit/Loss StatusNet profit RMB 18,170.2 million
Period-End Cash BalanceRMB 59,340.6 million
Listing Expenses~HK$ 227,100,000
Listing Expenses / Funds Raised~0.9%
Total Pre-IPO InvestmentTo be extracted
First Day CloseLoading...
Use of Proceeds
Approximately 35% will be used for expanding production capacity and upgrading production bases, approximately 30% for technology research and development and enhancing intelligent manufacturing, approximately 15% for investing in upstream and downstream industries, approximately 10% for repaying bank borrowings, and approximately 10% for working capital.

Underwriting Syndicate

Joint Sponsors (3)
CITIC Securities (Hong Kong) Limited CE AAK249 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894
Sponsor cum Overall Coordinator (3)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894
Overall Coordinators (3)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894
Joint Global Coordinators (6)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894 香港上海汇丰银行有限公司 CE AAA523 GF Securities (Hong Kong) Brokerage Limited CE AOB364 Guosen Securities (HK) Capital Company Limited CE AUX600
Joint Bookrunners (6)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894 香港上海汇丰银行有限公司 CE AAA523 GF Securities (Hong Kong) Brokerage Limited CE AOB364 Guosen Securities (HK) Capital Company Limited CE AUX600
Joint Lead Managers (6)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894 香港上海汇丰银行有限公司 CE AAA523 GF Securities (Hong Kong) Brokerage Limited CE AOB364 Guosen Securities (HK) Capital Company Limited CE AUX600
Capital Market Intermediaries (6)
CLSA LIMITED CE AAB893 GOLDMAN SACHS (ASIA) L.L.C. CE ACC536 China International Capital Corporation Hong Kong Securities Limited CE AEN894 香港上海汇丰银行有限公司 CE AAA523 GF Securities (Hong Kong) Brokerage Limited CE AOB364 Guosen Securities (HK) Capital Company Limited CE AUX600
Stabilizing Manager (1)
GOLDMAN SACHS (ASIA) L.L.C. CE ACC536

Service Providers

RoleInstitution
Legal Advisor to Company 欧华律师事务所
汉坤律师事务所
明永联合法律事务所
Sheppard, Mullin, Richter & Hampton LLP
Legal Advisor to Sponsors/Underwriters 史密夫斐尔凯迈律师事务所
Zhong Lun Law Firm
Auditor and Reporting Accountant 香港立信德豪会计师事务所有限公司
Industry Advisor 弗若斯特沙利文(北京)咨询有限公司上海分公司
Receiving Banks 招商永隆银行有限公司

Cornerstone Investors

#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 淡馬錫 200,000,000 USD 24,765,100 6.46% 0.32% 6 months 2027-01-09
2 太白 160,000,000 USD 19,812,100 5.17% 0.26% 6 months 2027-01-09
3 True Light 40,000,000 USD 4,953,000 1.29% 0.06% 6 months 2027-01-09
4 HHLRA 200,000,000 USD 24,765,100 6.46% 0.32% 6 months 2027-01-09
5 HHLRA(為CPP Investments一項SMA的投資經理) 15,000,000 USD 1,857,300 0.48% 0.02% 6 months 2027-01-09
6 GIC 150,000,000 USD 18,573,800 4.84% 0.24% 6 months 2027-01-09
7 CPE Neem 75,000,000 USD 9,286,900 2.42% 0.12% 6 months 2027-01-09
8 香港景林 70,000,000 USD 8,667,800 2.26% 0.11% 6 months 2027-01-09
9 Foresight Funds 70,000,000 USD 8,667,800 2.26% 0.11% 6 months 2027-01-09
10 ADIA 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
11 UBS AM Singapore 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
12 Oaktree 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
13 Eastspring 45,000,000 USD 5,572,000 1.45% 0.07% 6 months 2027-01-09
14 Eastspring SG 37,500,000 USD 4,643,400 1.21% 0.06% 6 months 2027-01-09
15 Eastspring HK 7,500,000 USD 928,600 0.24% 0.01% 6 months 2027-01-09
16 First Sentier Investors 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
17 First Sentier Investors HK 43,900,000 USD 5,434,300 1.42% 0.07% 6 months 2027-01-09
18 First Sentier Investors SG 1,100,000 USD 137,800 0.04% 0.00% 6 months 2027-01-09
19 廣發基金 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
20 廣發基金管理 25,000,000 USD 3,095,600 0.81% 0.04% 6 months 2027-01-09
21 廣發基金香港 20,000,000 USD 2,476,500 0.64% 0.03% 6 months 2027-01-09
22 匯添富(香港) 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
23 博時國際 45,000,000 USD 5,572,100 1.45% 0.07% 6 months 2027-01-09
24 富達國際 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
25 惠理 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
26 VPHKL 26,100,000 USD 3,231,800 0.84% 0.04% 6 months 2027-01-09
27 VPL 3,900,000 USD 482,900 0.13% 0.01% 6 months 2027-01-09
28 泰康人壽 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
29 騰訊 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
30 Huang River 24,000,000 USD 2,971,800 0.77% 0.04% 6 months 2027-01-09
31 Prosper High 6,000,000 USD 742,900 0.19% 0.01% 6 months 2027-01-09
32 Mirae投資者 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
33 Mirae Securities 5,000,000 USD 619,100 0.16% 0.01% 6 months 2027-01-09
34 Mirae Asset 25,000,000 USD 3,095,600 0.81% 0.04% 6 months 2027-01-09
35 Perseverance Asset Management 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
36 嘉實 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
37 Millennium 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
38 WT Asset Management 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
39 MY.Alpha 30,000,000 USD 3,714,700 0.97% 0.05% 6 months 2027-01-09
40 Polymer 30,000,000 USD 714,700 0.97% 0.05% 6 months 2027-01-09

Directors & Management

PositionChinese nameEnglish Name
Chairman / Executive Director王來春Wang Laichun
Company Secretary肖雲兮、梁慧欣—
Independent Non-Executive Director侯玲玲Hou Lingling
Executive Director王來胜Wang Laisheng
Independent Non-Executive Director劉中華Liu Zhonghua
Executive Director錢繼文Qian Jiwen
Independent Non-Executive Director宋宇紅Song Yuhong
Executive Director郝杰Hao Jie
Executive Director陳蔚航Chen Weihang

Major Shareholders

Major Shareholders & HoldingsLuxshare Limited holds 35.47% of the shares, and Ms. Wang Laichun and Mr. Wang Laisheng, through Luxshare Limited and direct shareholdings, together control approximately 35.47% and 0.26% of the shares.
About this page

This page shows Luxshare Ict (02475) 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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