Deepzero 02723 Prospectus Information

IPO Timeline Raw facts

Broker Deadline

2026-05-21

Morning deadline

HKEX Deadline

2026-05-21

Noon deadline

Broker Results (T-2)

2026-05-22

Some brokers release in afternoon

Grey Market (T-1)

2026-05-26

Afternoon

HKEX Allotment (T-1)

2026-05-26

Evening

Registrar Allotment (T-1)

2026-05-26

Evening

Listing Day (T)

2026-05-27

First day of trading

Company Overview

Stock Name	Deepzero
Stock Code	02723
Company Full Name	Beijing DeepZero Technology Co., Ltd.
Industry	Robotics
Principal Activities	We provide intelligent marketing services to enterprises using AI technology through our proprietary AI application products. During the track record period, we provided intelligent advertising placement services and intelligent data management through our two flagship platforms, AlphaDesk and AlphaData, respectively.
Listing Date	2026-05-27
Listing Rules Era	New Rules (after Aug 2025)
Listing Rules Chapter	To be extracted
Weighted Voting Rights (WVR)	No
Registered Address (Mainland China)	Headquarters and Principal Place of Unit 01, 9/F Business in the PRC Building 20 Dongsanhuan Central Road Chaoyang District Beijing PRC
Business Address (Hong Kong)	31/F, Tower Two Times Square 1 Matheson Street Causeway Bay Hong Kong
Place of Incorporation	To be extracted
Listing Method	To be extracted
Listing Board	Main Board
Website	www.deepzero.com
Share Registrar	香港中央證券登記有限公司 (Computershare Hong Kong Investor Services Limited)
Registrar Contact	Computershare Hong Kong Investor
A-Share/US Dual Listing	No

Offering Information

Offering Mechanism	Mechanism B
Offer Price	HK$ 55.50 / shares
Offer Price Range	Final offer price only, no range
Lot Size	100 shares
Entry Threshold	HK$ 5,550
Par Value	RMB 1.0 / shares
Offer Period	2026-05-18 to 2026-05-21
Global Offering Shares	9,068,000 shares
HK Public Offer Shares (Initial)	906,800 shares (10.0%)
Public Offer Lots (Initial)	9,068lots (4,534lots, 4,534lots)
International Placing Shares (Initial)	8,161,200 shares (90.0%)
Offer Ratio	~10.0%
Total Shares Post-IPO	90,679,175 shares
Greenshoe (Over-allotment Option)	No
Stabilizing Manager (Greenshoe)	—
Cornerstone Share	No cornerstone investors
Clawback Tiers	Mechanism B: no clawback mechanism
Reallocation Option	No
Total Global Offering Size	HK$ 503,274,000

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	100	HK$ 5,550
2 lots	200	HK$ 11,100
3 lots	300	HK$ 16,650
4 lots	400	HK$ 22,200
5 lots	500	HK$ 27,750
6 lots	600	HK$ 33,300
7 lots	700	HK$ 38,850
8 lots	800	HK$ 44,400
9 lots	900	HK$ 49,950
10 lots	1,000	HK$ 55,500
15 lots	1,500	HK$ 83,250
20 lots	2,000	HK$ 111,000
25 lots	2,500	HK$ 138,750
30 lots	3,000	HK$ 166,500
35 lots	3,500	HK$ 194,250
40 lots	4,000	HK$ 222,000
45 lots	4,500	HK$ 249,750
50 lots	5,000	HK$ 277,500
60 lots	6,000	HK$ 333,000
70 lots	7,000	HK$ 388,500
80 lots	8,000	HK$ 444,000
90 lots	9,000	HK$ 499,500
100 lots	10,000	HK$ 555,000
150 lots	15,000	HK$ 832,500
200 lots	20,000	HK$ 1,110,000
250 lots	25,000	HK$ 1,387,500
300 lots	30,000	HK$ 1,665,000
350 lots	35,000	HK$ 1,942,500
400 lots	40,000	HK$ 2,220,000
450 lots	45,000	HK$ 2,497,500
500 lots	50,000	HK$ 2,775,000
600 lots	60,000	HK$ 3,330,000
700 lots	70,000	HK$ 3,885,000
800 lots	80,000	HK$ 4,440,000
900 lots	90,000	HK$ 4,995,000

Pool B

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
1,000 lots	100,000	HK$ 5,550,000
1,500 lots	150,000	HK$ 8,325,000
2,000 lots	200,000	HK$ 11,100,000
2,500 lots	250,000	HK$ 13,875,000
3,000 lots	300,000	HK$ 16,650,000
3,500 lots	350,000	HK$ 19,425,000
4,000 lots	400,000	HK$ 22,200,000
4,534 lots	453,400	HK$ 25,163,700

Stock Connect Inclusion

HK Market Cap	HK$ 29.2B

26Q2 Regular Review
Inclusion Pathway	Large/Mid Cap Inclusion
Est. Threshold	--- Met
Analysis Result	预计2026年9月7日入通

Valuation & Financials

Market Cap (at Offer Price)	HK$ 5,032,694,212
Pre-IPO Valuation (Last Round)	Not disclosed
P/E Ratio	Not applicable (profitable, but no P/E information provided)
Profit/Loss Status	Net profit RMB 9.2 million
Period-End Cash Balance	RMB 154.88 million
Listing Expenses	~HK$ 45,800,000
Listing Expenses / Funds Raised	~10.2%
Total Pre-IPO Investment	To be extracted

First Day Performance

First Day Close	Loading...

Use of Proceeds

Use of Proceeds	50.0; 20.0; 30.0; 20.0; 11.0; 9.0; 20.0; 10.0

Underwriting Syndicate

Sole Sponsor (1)

ICBC INTERNATIONAL CAPITAL LIMITED CE AQW615(sole)

Sponsor cum Overall Coordinator (1)

ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299

Overall Coordinators (1)

ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299

Joint Global Coordinators (5)

Joint Bookrunners (11)

ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299 CCB International Capital Limited CE AJO225 BOCOM International Securities Limited CE APJ121 VICTORY SECURITIES COMPANY LIMITED CE ABN091 国联证券国际金融有限公司 CE BPX918 ZHONGTAI INTERNATIONAL SECURITIES LIMITED CE BAA855 Futu Securities International (Hong Kong) Limited CE AZT137 Tiger Brokers (HK) Global Limited CE BMU940 GET NICE SECURITIES LIMITED CE AAA847 Yuen Meta (International) Securities Limited CE BIL855 SOUTH CHINA SECURITIES LIMITED CE AAA874

Joint Lead Managers (11)

Capital Market Intermediaries (11)

Service Providers

Role	Institution
Legal Advisor to Company	天元律师事务所（有限法律责任合伙）北京市金杜律师事务所
Legal Advisor to Sponsors/Underwriters	竞天公诚律师事务所有限法律责任合伙 Jingtian & Gongcheng
Auditor and Reporting Accountant	毕马威会计师事务所
Industry Advisor	Frost & Sullivan (Beijing) Inc., Shanghai Branch Co.
Compliance Advisor	First Shanghai Capital Limited CE AES612
Receiving Banks	中国工商银行（亚洲）有限公司

Cornerstone Investors

This stock has no cornerstone investors.

Directors & Management

Chairman	黃曉南
Company Secretary	Mr. Yang Zhuo

Executive Director (3)

#	Name	English Name	Type
1	黄晓南	—	Executive Director
2	谢鹏	—	Executive Director
3	杨卓	—	Executive Director

Non-Executive Director (3)

#	Name	English Name	Type
1	田甜	—	Non-Executive Director
2	黄海波	—	Non-Executive Director
3	黄昊	—	Non-Executive Director

Independent Non-Executive Director (6)

#	Name	English Name	Type
1	李娟	—	Independent Non-Executive Director
2	薛岩松	—	Independent Non-Executive Director
3	郭冰	—	Independent Non-Executive Director
4	赖春华	—	Independent Non-Executive Director
5	吴任华	—	Independent Non-Executive Director
6	叶楠	—	Independent Non-Executive Director

Major Shareholders

Major Shareholders & Holdings	Ms. Huang Xiaonan (beneficial interest of 18.86%, interest of persons acting in concert of 13.29%), Mr. Xie Peng (beneficial interest of 13.29%, interest of persons acting in concert of 18.86%), Mr. Huang Hao (interest in a controlled corporation of 15.74%), 北京合音 (beneficial interest of 12.63%), 中移基金 (beneficial interest of 9.83%), 富德懋賞 (beneficial interest of 9.23%), 上海懋耀 (beneficial interest of 8.17%)

Major Shareholders & Holdings

Ms. Huang Xiaonan (beneficial interest of 18.86%, interest of persons acting in concert of 13.29%), Mr. Xie Peng (beneficial interest of 13.29%, interest of persons acting in concert of 18.86%), Mr. Huang Hao (interest in a controlled corporation of 15.74%), 北京合音 (beneficial interest of 12.63%), 中移基金 (beneficial interest of 9.83%), 富德懋賞 (beneficial interest of 9.23%), 上海懋耀 (beneficial interest of 8.17%)

AI AI 市场洞察 AI interpretation deepseek-v4-pro · AI-generated

市场情绪

The IPO saw extreme retail enthusiasm with an oversubscription ratio of 5480x, compressing the hit rate to just 3.9% — far below typical Hong Kong market norms. Reallocation from the international tranche was triggered, underscoring overwhelming public 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

甲尾 expected lots (0.166) are notably lower than 乙头 expected lots (0.243), meaning top A‑tier applicants receive fewer shares than those entering B‑tier with a marginally larger subscription. This creates a classic inefficiency where the threshold between tiers punishes rather than rewards increased commitment. (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 (mainland, HK participation rates) is not available for this IPO, so no regional or investor profile patterns can be assessed. Such gaps are not uncommon and limit the ability to gauge cross‑border or gender‑based demand signals. (This is AI-generated commentary based on historical data. Past patterns do not guarantee future outcomes. Not financial advice.)

Deepzero 02723Prospectus Information

市场情绪

申购档位分析

申购人群画像