TRANSSION 02636Prospectus Information

Listing Date: 2026-10-15 · Registrar: 卓佳
Data layers Raw facts Calculated Model prediction AI interpretation
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 Shanghai (SSE)
Other Market Stock Code688036
H-Share Offer PriceHK$ 38.80
Other Market PriceLoading...
Reference Exchange RateLoading...
H-Share Offer Price Premium/Discount vs Other MarketLoading...
Company Overview
Stock NameTRANSSION
Stock Code02636
Company Full NameShenzhen Transsion Holdings Co., Ltd.
Industry消費電子
Principal Activities我們是一家智能終端產品和移動互聯網服務提供商,主要從事以手機為核心的智能終端產品的設計、研發、生產、銷售和品牌運營,並延展至移動互聯網服務及物聯網產品及其他產品。
Listing Date2026-10-15
Listing StatusPre-listing
Listing Rules EraNew Rules (after Aug 2025)
Listing Rules ChapterTo be extracted
Weighted Voting Rights (WVR)No
Registered Address (Mainland China)廣東省深圳市南山區西麗街道西麗社區仙元路8號傳音大廈24樓一單元
Business Address (Hong Kong)香港銅鑼灣希慎道33號利園一期19樓1919室
Place of IncorporationChina
Listing MethodGlobal Offering
Listing BoardMain Board
Websitewww.transsion.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$ 38.80 / shares
Offer Price RangeFinal offer price only, no range
Lot Size100 shares
Entry ThresholdHK$ 3,880
Par ValueRMB 1.0 / shares
Offer Period2026-10-07 to 2026-10-12
Global Offering Shares86,648,300 shares
HK Public Offer Shares (Initial)8,664,900 shares (10.0%)
Public Offer Lots (Initial)86,649lots (Pool A43,324lots,Pool B43,325lots)
International Placing Shares (Initial)77,983,400 shares (90.0%)
Offer Ratio~10.0%
Total Shares Post-IPO1,237,832,845 shares
Greenshoe (Over-allotment Option)Yes
Stabilizing Manager (Greenshoe)CLSA Limited CE AAB893
Cornerstone Share42.7%
Clawback TiersTo be extracted
Reallocation OptionYes
Total Global Offering SizeHK$ 3,361,954,040
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$ 3,880
2 lots 200 HK$ 7,760
3 lots 300 HK$ 11,640
4 lots 400 HK$ 15,520
5 lots 500 HK$ 19,400
6 lots 600 HK$ 23,280
7 lots 700 HK$ 27,160
8 lots 800 HK$ 31,040
9 lots 900 HK$ 34,920
10 lots 1,000 HK$ 38,800
15 lots 1,500 HK$ 58,200
20 lots 2,000 HK$ 77,600
25 lots 2,500 HK$ 97,000
30 lots 3,000 HK$ 116,400
35 lots 3,500 HK$ 135,800
40 lots 4,000 HK$ 155,200
45 lots 4,500 HK$ 174,600
50 lots 5,000 HK$ 194,000
60 lots 6,000 HK$ 232,800
70 lots 7,000 HK$ 271,600
80 lots 8,000 HK$ 310,400
90 lots 9,000 HK$ 349,200
100 lots 10,000 HK$ 388,000
150 lots 15,000 HK$ 582,000
200 lots 20,000 HK$ 776,000
250 lots 25,000 HK$ 970,000
300 lots 30,000 HK$ 1,164,000
350 lots 35,000 HK$ 1,358,000
400 lots 40,000 HK$ 1,552,000
450 lots 45,000 HK$ 1,746,000
500 lots 50,000 HK$ 1,940,000
600 lots 60,000 HK$ 2,328,000
700 lots 70,000 HK$ 2,716,000
800 lots 80,000 HK$ 3,104,000
900 lots 90,000 HK$ 3,492,000
1,000 lots 100,000 HK$ 3,880,000
1,250 lots 125,000 HK$ 4,850,000
Pool B
Lots SubscribedShares SubscribedSubscription Amount (HKD)
1,500 lots 150,000 HK$ 5,820,000
1,750 lots 175,000 HK$ 6,790,000
2,000 lots 200,000 HK$ 7,760,000
2,500 lots 250,000 HK$ 9,700,000
3,000 lots 300,000 HK$ 11,640,000
3,500 lots 350,000 HK$ 13,580,000
4,000 lots 400,000 HK$ 15,520,000
4,500 lots 450,000 HK$ 17,460,000
5,000 lots 500,000 HK$ 19,400,000
6,000 lots 600,000 HK$ 23,280,000
7,000 lots 700,000 HK$ 27,160,000
8,000 lots 800,000 HK$ 31,040,000
9,000 lots 900,000 HK$ 34,920,000
10,000 lots 1,000,000 HK$ 38,800,000
12,500 lots 1,250,000 HK$ 48,500,000
15,000 lots 1,500,000 HK$ 58,200,000
17,500 lots 1,750,000 HK$ 67,900,000
20,000 lots 2,000,000 HK$ 77,600,000
43,324 lots 4,332,400 HK$ 168,097,120
Stock Connect Inclusion
Inclusion Pathway A+H 有绿鞋(30天入通)
Est. Threshold --- Met
Analysis Result 超额配股权失效后纳入(上市后约30日)
* IPO in progress, estimated at upper bound offer price
Valuation & Financials
Market Cap (at Offer Price)HK$ 48,027,914,386
H-Share Market Cap (at Offer Price)HK$ 3,361,954,039
Pre-IPO Valuation (Last Round)Not disclosed
P/E RatioNot disclosed
Profit/Loss Status盈利約人民幣2,605.2百萬元
Period-End Cash Balance人民幣11,122.6百萬元
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 62,294,87768,715,27965,591,236
Cost of sales -47,854,979-54,374,440-53,312,965
Gross profit 14,439,89814,340,83912,278,271
Other income and gains, net 426,543782,117461,280
Selling and distribution expenses -4,328,548-4,835,865-5,204,017
Administrative expenses -1,808,227-1,995,428-1,922,156
Operating profit 6,585,6646,382,1432,816,013
Net finance costs -79,732-81,966-68,413
Share of associates and JVs -95,52057,832141,066
Profit before tax 6,714,3966,677,6473,182,828
Income tax expense -1,127,331-1,080,320-577,592
Profit for the year 5,587,0655,597,3272,605,236
Profit attributable to owners 5,537,0455,548,9502,580,637
Balance Sheet
Item 202320242025
Cash and cash equivalents 11,029,11211,310,09311,122,560
Trade and bills receivables 1,965,0613,376,5373,726,267
Inventories 10,443,3518,663,3598,902,898
Total current assets 40,131,93838,809,11937,739,365
Total assets 46,121,00145,062,40044,382,261
Total current liabilities 27,055,71023,985,38223,060,701
Total liabilities 27,944,13724,716,86423,733,581
Total equity 18,176,86420,345,53620,648,680
Equity attributable to owners 18,055,20620,230,35820,524,879
Cash Flow Statement
Item 202320242025
Net cash from operating activities 11,848,6842,794,9981,349,953
Net cash from investing activities -6,092,788837,8171,799,429
Net cash from financing activities -3,389,723-3,289,925-3,097,863
Net increase in cash 2,366,173342,89051,519
Income Statement
Balance Sheet
Cash Flow Statement
Source: Accountants' Report and Audited Consolidated Financial Statements
First Day CloseLoading...
Use of Proceeds
約40.0%用於AI相關技術研發,約30.0%用於營銷及品牌建設,約20.0%用於加強移動互聯網服務及物聯網產品及其他,約10.0%用於營運資金及一般企業用途。
Underwriting Syndicate
Sole Sponsor (1)
CITIC Securities (Hong Kong) Limited CE AAK249(sole)
Sponsor cum Overall Coordinator (1)
CLSA Limited CE AAB893
Overall Coordinators (5)
CLSA Limited CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中国国际金融香港证券有限公司 CE AEN894 海通国际证券有限公司 CE AAF806 德意志银行香港分行
Joint Global Coordinators (9)
CLSA Limited CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中国国际金融香港证券有限公司 CE AEN894 海通国际证券有限公司 CE AAF806 德意志银行香港分行 中银国际亚洲有限公司 CE AET863 民银证券有限公司 CE APU820 广发证券(香港)经纪有限公司 CE AOB364 大和资本市场香港有限公司 CE AAB639
Joint Bookrunners (11)
CLSA Limited CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中国国际金融香港证券有限公司 CE AEN894 海通国际证券有限公司 CE AAF806 德意志银行香港分行 中银国际亚洲有限公司 CE AET863 民银证券有限公司 CE APU820 广发证券(香港)经纪有限公司 CE AOB364 大和资本市场香港有限公司 CE AAB639 富途证券国际(香港)有限公司 CE AZT137 老虎证券(香港)环球有限公司 CE BMU940
Joint Lead Managers (9)
CLSA Limited CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中国国际金融香港证券有限公司 CE AEN894 海通国际证券有限公司 CE AAF806 德意志银行香港分行 中银国际亚洲有限公司 CE AET863 民银证券有限公司 CE APU820 广发证券(香港)经纪有限公司 CE AOB364 大和资本市场香港有限公司 CE AAB639
Capital Market Intermediaries (5)
CLSA Limited CE AAB893 J.P. Morgan Securities (Asia Pacific) Limited CE AAJ321 中国国际金融香港证券有限公司 CE AEN894 海通国际证券有限公司 CE AAF806 德意志银行香港分行
Stabilizing Manager (1)
CLSA Limited CE AAB893
Service Providers
RoleInstitution
Legal Advisor to Company 普衡律师事务所(香港)有限法律责任合伙
上海市锦天城(深圳)律师事务所
Doulah & Doulah
Bennani & Associés RDC SAS
Haymanot & Advocates
鸿鹄律师事务所
Dentons Link Legal
Nuri Yaba Law Office
Anjarwalla and Khanna LLP
Bird & Bird ATMD LLP
Winson Partners and Legal Consultants FZ-LLC
Thiam & Associés
Winstlaw Attorneys
ENS Advocates
Corpus Legal Practitioners
Pierre, Tweh & Associates, Inc.
Legal Advisor to Sponsors/Underwriters 高伟绅律师事务所
竞天公诚律师事务所
Auditor and Reporting Accountant 天健国际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
Compliance Advisor 红日资本有限公司 CE BHX435
Receiving Banks 渣打银行(香港)有限公司
中国银行(香港)有限公司
H Share Registrar 卓佳证券登记有限公司
Cornerstone Investors
#Investor NameInvestment AmountShares Subscribed% of Offer Shares% of Total SharesLock-up PeriodEst. Unlock Date
1 GIC 17,000,000 USD 3,598,600 4.15% 0.29% 6 months 2027-04-15
2 易方達 16,000,000 USD 3,386,900 3.91% 0.27% 6 months 2027-04-15
3 E Fund Management 11,000,000 USD 2,328,500 2.69% 0.19% 6 months 2027-04-15
4 易方達香港 5,000,000 USD 1,058,400 1.22% 0.09% 6 months 2027-04-15
5 Golden Link Worldwide 150,000,000 CNY 4,657,900 5.38% 0.38% 6 months 2027-04-15
6 Millennium 15,000,000 USD 3,175,300 3.66% 0.26% 6 months 2027-04-15
7 才華資本 15,000,000 USD 3,175,300 3.66% 0.26% 6 months 2027-04-15
8 奇點資產 15,000,000 USD 3,175,300 3.66% 0.26% 6 months 2027-04-15
9 中銀理財 10,000,000 USD 2,116,800 2.44% 0.17% 6 months 2027-04-15
10 江波龍 30,000,000 USD 6,287,200 7.26% 0.51% 6 months 2027-04-15
11 Digimoc 9,000,000 USD 1,905,100 2.20% 0.15% 6 months 2027-04-15
12 宏芯宇香港 40,000,000 HKD 1,079,600 1.25% 0.09% 6 months 2027-04-15
13 科宇盛達 5,000,000 USD 1,058,400 1.22% 0.09% 6 months 2027-04-15
Directors & Management
PositionChinese nameEnglish Name
Chairman / Executive Director竺兆江—
Company Secretary曾春、陳佩貞—
Independent Non-Executive Director黄益建—
Executive Director严孟—
Independent Non-Executive Director张怀雷—
Executive Director阿里夫—
Major Shareholders
Major Shareholders & Holdings緊隨全球發售完成後,竺兆江先生及傳音投資(控股股東)持股約43.44%,聯發科技股份有限公司持股約5.78%,肖明先生及北京傳佳力持股約5.01%。
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This page shows TRANSSION (02636) 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.

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