| Other Listed Market | Shanghai (SSE) — 安井食品 |
|---|---|
| Other Market Stock Code | 603345 |
| H-Share Offer Price | To be extracted |
| Other Market Price | Loading... |
| Reference Exchange Rate | Loading... |
| H-Share Offer Price Premium/Discount vs Other Market | Loading... |
| Stock Name | Anjoy Food |
|---|---|
| Stock Code | 02648 |
| Company Full Name | To be extracted |
| Industry | 食品飲料 |
| Principal Activities | 公司是中國速凍食品行業的龍頭企業，致力于在家庭、餐廳及外出用餐等多種消費場景中提供美味、優質及便捷的食品。 |
| Listing Date | 2025-07-04 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國福建省廈門市海滄區新陽路2508號 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | https://www.anjoyfood.com |
| Share Registrar | 香港中央證券登記有限公司 (Computershare Hong Kong Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No data |
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 60.00 / 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 | 29.4% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 719,910,000 |
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 100 | HK$ 6,000 |
| 2 lots | 200 | HK$ 12,000 |
| 3 lots | 300 | HK$ 18,000 |
| 4 lots | 400 | HK$ 24,000 |
| 5 lots | 500 | HK$ 30,000 |
| 6 lots | 600 | HK$ 36,000 |
| 7 lots | 700 | HK$ 42,000 |
| 8 lots | 800 | HK$ 48,000 |
| 9 lots | 900 | HK$ 54,000 |
| 10 lots | 1,000 | HK$ 60,000 |
| 15 lots | 1,500 | HK$ 90,000 |
| 20 lots | 2,000 | HK$ 120,000 |
| 25 lots | 2,500 | HK$ 150,000 |
| 30 lots | 3,000 | HK$ 180,000 |
| 35 lots | 3,500 | HK$ 210,000 |
| 40 lots | 4,000 | HK$ 240,000 |
| 45 lots | 4,500 | HK$ 270,000 |
| 50 lots | 5,000 | HK$ 300,000 |
| 60 lots | 6,000 | HK$ 360,000 |
| 70 lots | 7,000 | HK$ 420,000 |
| 80 lots | 8,000 | HK$ 480,000 |
| 90 lots | 9,000 | HK$ 540,000 |
| 100 lots | 10,000 | HK$ 600,000 |
| 200 lots | 20,000 | HK$ 1,200,000 |
| 300 lots | 30,000 | HK$ 1,800,000 |
| 400 lots | 40,000 | HK$ 2,400,000 |
| 500 lots | 50,000 | HK$ 3,000,000 |
| 600 lots | 60,000 | HK$ 3,600,000 |
| 700 lots | 70,000 | HK$ 4,200,000 |
| 800 lots | 80,000 | HK$ 4,800,000 |
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 900 lots | 90,000 | HK$ 5,400,000 |
| 1,000 lots | 100,000 | HK$ 6,000,000 |
| 2,000 lots | 200,000 | HK$ 12,000,000 |
| 3,000 lots | 300,000 | HK$ 18,000,000 |
| 4,000 lots | 400,000 | HK$ 24,000,000 |
| 5,000 lots | 500,000 | HK$ 30,000,000 |
| 6,000 lots | 600,000 | HK$ 36,000,000 |
| 7,000 lots | 700,000 | HK$ 42,000,000 |
| 8,000 lots | 800,000 | HK$ 48,000,000 |
| 9,000 lots | 900,000 | HK$ 54,000,000 |
| 10,000 lots | 1,000,000 | HK$ 60,000,000 |
| 12,500 lots | 1,250,000 | HK$ 75,000,000 |
| 15,000 lots | 1,500,000 | HK$ 90,000,000 |
| 19,997 lots | 1,999,700 | HK$ 119,982,000 |
| HK Market Cap | --- |
|---|---|
| Analysis Result | Already included in Stock Connect (both, shenzhen, shanghai) |
| 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 Close | HK$ 57.0 |
|---|---|
| First Day Open | HK$ 60.0 |
| First Day Change | -5.00% |
| First Day Volume | 12353900.0 |
| First Day Turnover | 733053000.0 |
| Use of Proceeds | 1、約35.0%或873.5百萬港元用于擴大銷售及經銷網絡； 2、約35.0%或873.5百萬港元用于提升采購能力，優化供應鏈并搭建供應鏈系統； 3、約15.0%或374.4百萬港元用于業務營運數字化； 4、約5.0%或124.8百萬港元用于產品開發及技術創新； 5、約10.0%或249.6百萬港元將撥作營運資金及一般公司用途。 |
|---|
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | FCP Domains Co., Ltd. | 78,492,000 HKD | — | 3.27% | — | 6 months | 2026-01-04 |
| 2 | HT Investment Limited | 156,984,000 HKD | — | 6.54% | — | 6 months | 2026-01-04 |
| 3 | NonaVerse (Hong Kong) Limited | 78,492,000 HKD | — | 3.27% | — | 6 months | 2026-01-04 |
| 4 | Torus Fund SP | 78,492,000 HKD | — | 3.27% | — | 6 months | 2026-01-04 |
| 5 | 景林资产管理香港有限公司 | 156,984,000 HKD | — | 6.54% | — | 6 months | 2026-01-04 |
| 6 | 上海景林及华泰资本投资 | 156,984,000 HKD | — | 6.54% | — | 6 months | 2026-01-04 |
| Chairman | 劉鳴鳴,張清苗,章高路 |
|---|---|
| Company Secretary | 梁晨,吳東澄 |
| Major Shareholders & Holdings | 福建國力民生科技發展有限公司(22%),劉鳴鳴(3.69%) |
|---|
市场情绪
The IPO recorded a modest oversubscription of 44.2 times, reflecting subdued market enthusiasm. The overall hit rate of 84.46% is exceptionally high, indicating that most retail applicants received allocations, a pattern typical of less sought-after offerings. The offer price was fixed at HK$60.0 with no evidence of a discount to the indicative range, consistent with stable but unexceptional demand. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购档位分析
A severe tier inefficiency is evident: 甲尾 applicants committed 70,000 lots but expected just 1 lot, identical to the 乙头 tier at 80,000 lots applied. This flat allocation curve makes the 甲尾 tier exceptionally cost-inefficient, as the far larger capital outlay yields no additional shares. The clawback and reallocation under Mechanism A likely amplified this anomaly by concentrating allocations at smaller tiers. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
申购人群画像
Demographic data was not disclosed in this filing, with total holders, mainland China participation, and Hong Kong participation all reported as zero. This lack of granularity obscures the investor profile, though the low oversubscription may hint at limited retail interest from mainland China. Without regional or gender metrics, no reliable demographic patterns can be drawn. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)
