Momenta-W 06880 Prospectus Information

IPO Timeline

Broker Deadline

2026-07-03

Morning deadline

HKEX Deadline

2026-07-03

Noon deadline

Broker Results (T-2)

2026-07-06

Some brokers release in afternoon

Grey Market (T-1)

2026-07-07

Afternoon

HKEX Allotment (T-1)

2026-07-07

Evening

Registrar Allotment (T-1)

2026-07-07

Evening

Listing Day (T)

2026-07-08

First day of trading

Company Overview

Stock Name	Momenta-W
Stock Code	06880
Company Full Name	MOMENTA GLOBAL LIMITED
Industry	Consumer Discretionary
Principal Activities	一家領先的自動駕駛公司，專注於開發及商業化智能駕駛技術，包括量產車解決方案（主要為城市NOA）及自動駕駛出租車服務解決方案，以提升出行及物流領域的安全性和效率。
Listing Date	2026-07-08
Listing Rules Era	New Rules (after Aug 2025)
Listing Rules Chapter	8A不同投票权
Weighted Voting Rights (WVR)	Yes
Registered Address (Mainland China)	江蘇省蘇州市相城區青龍港路58號天成時代商務廣場23層
Business Address (Hong Kong)	香港銅鑼灣勿地臣街1號時代廣場二座31樓
Place of Incorporation	开曼群岛
Listing Method	全球发售
Listing Board	Main Board
Website	momenta.cn
Share Registrar	宝德隆
Registrar Contact	Tricor
A-Share/US Dual Listing	No

Offering Information

Offering Mechanism	Mechanism B
Offer Price	HK$ 295.60 / shares
Offer Price Range	Final offer price only, no range
Lot Size	20 shares
Entry Threshold	HK$ 5,912
Par Value	To be extracted
Offer Period	2026-06-29 to 2026-07-03
Global Offering Shares	19,938,300 shares
HK Public Offer Shares (Initial)	1,993,840 shares (10.0%)
Public Offer Lots (Initial)	99,692lots (49,846lots, 49,846lots)
International Placing Shares (Initial)	17,944,460 shares (90.0%)
Offer Ratio	~10.0%
Total Shares Post-IPO	235,538,011 shares
Greenshoe (Over-allotment Option)	Yes
Stabilizing Manager (Greenshoe)	China International Capital Corporation Hong Kong Securities Limited CE AEN894
Cornerstone Share	49.9%
Clawback Tiers	机制B：无回补机制
Reallocation Option	Yes
Total Global Offering Size	HK$ 5,893,761,480

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)
3 lots	60	HK$ 17,736
4 lots	80	HK$ 23,648
5 lots	100	HK$ 29,560
6 lots	120	HK$ 35,472
7 lots	140	HK$ 41,384
8 lots	160	HK$ 47,296
9 lots	180	HK$ 53,208
10 lots	200	HK$ 59,120
15 lots	300	HK$ 88,680
20 lots	400	HK$ 118,240
25 lots	500	HK$ 147,800
30 lots	600	HK$ 177,360
35 lots	700	HK$ 206,920
40 lots	800	HK$ 236,480
45 lots	900	HK$ 266,040
50 lots	1,000	HK$ 295,600
100 lots	2,000	HK$ 591,200
150 lots	3,000	HK$ 886,800
200 lots	4,000	HK$ 1,182,400
250 lots	5,000	HK$ 1,478,000
300 lots	6,000	HK$ 1,773,600
350 lots	7,000	HK$ 2,069,200
400 lots	8,000	HK$ 2,364,800
450 lots	9,000	HK$ 2,660,400
500 lots	10,000	HK$ 2,956,000

Pool B

Lots Subscribed	Shares Subscribed	Subscription Amount (HKD)
1,000 lots	20,000	HK$ 5,912,000
1,500 lots	30,000	HK$ 8,868,000
2,000 lots	40,000	HK$ 11,824,000
2,500 lots	50,000	HK$ 14,780,000
3,000 lots	60,000	HK$ 17,736,000
3,500 lots	70,000	HK$ 20,692,000
4,000 lots	80,000	HK$ 23,648,000
4,500 lots	90,000	HK$ 26,604,000
5,000 lots	100,000	HK$ 29,560,000
10,000 lots	200,000	HK$ 59,120,000
15,000 lots	300,000	HK$ 88,680,000
20,000 lots	400,000	HK$ 118,240,000
25,000 lots	500,000	HK$ 147,800,000
30,000 lots	600,000	HK$ 177,360,000
35,000 lots	700,000	HK$ 206,920,000
40,000 lots	800,000	HK$ 236,480,000
45,000 lots	900,000	HK$ 266,040,000
49,846 lots	996,920	HK$ 294,689,552

Stock Connect Inclusion

HK Market Cap	331亿港元

Inclusion Pathway	同股不同权 (WVR)
Est. Threshold	200亿港元
Analysis Result	预计2027年6月7日入通（上市满6个月+20个交易日后可申请纳入）

Valuation & Financials

Market Cap (at Offer Price)	HK$ 69,606
Pre-IPO Valuation (Last Round)	Not disclosed
P/E Ratio	不適用（公司處於虧損狀態）
Profit/Loss Status	亏损人民幣3,457.9百萬元
Period-End Cash Balance	人民币1,306,776千元
Listing Expenses	~HK$ 279
Listing Expenses / Funds Raised	To be extracted
Total Pre-IPO Investment	To be extracted

First Day Performance

First Day Close	HK$ 1.58
First Day Open	HK$ 1.5
First Day Volume	169384000.0
First Day Turnover	268007000.0

Use of Proceeds

Use of Proceeds	1、截至二零一四年三月三十一日止三個年度總估計所得款項凈額約49.6%或45.9百萬港元將用于擴展其中國業務； 2、總估計所得款項凈額約21.6%或20.0百萬港元將用于中國的廣告及宣傳活動； 3、總估計所得款項凈額約11.6%或10.7百萬港元將用作翻新及重新裝修其于香港及澳門的現有零售店； 4、總估計所得款項凈額約8.6%或8.0百萬港元將用作提升研發能力； 5、總估計所得款項凈額約8.6%或8.0百萬港元將用作香港、澳門及中國的信息系統升級。

1、截至二零一四年三月三十一日止三個年度總估計所得款項凈額約49.6%或45.9百萬港元將用于擴展其中國業務； 2、總估計所得款項凈額約21.6%或20.0百萬港元將用于中國的廣告及宣傳活動； 3、總估計所得款項凈額約11.6%或10.7百萬港元將用作翻新及重新裝修其于香港及澳門的現有零售店； 4、總估計所得款項凈額約8.6%或8.0百萬港元將用作提升研發能力； 5、總估計所得款項凈額約8.6%或8.0百萬港元將用作香港、澳門及中國的信息系統升級。

Underwriting Syndicate

Joint Sponsors (2)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 DEUTSCHE SECURITIES ASIA LIMITED CE AAJ984

Sponsor cum Overall Coordinator (1)

China International Capital Corporation Hong Kong Securities Limited CE AEN894

Overall Coordinators (2)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 德意志银行香港分行

Joint Global Coordinators (3)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 德意志银行香港分行 J.P. MORGAN SECURITIES (ASIA PACIFIC) LIMITED CE AAJ321

Joint Bookrunners (5)

China International Capital Corporation Hong Kong Securities Limited CE AEN894 德意志银行香港分行 J.P. MORGAN SECURITIES (ASIA PACIFIC) LIMITED CE AAJ321 Futu Securities International (Hong Kong) Limited CE AZT137 Tiger Brokers (HK) Global Limited CE BMU940

Joint Lead Managers (5)

Capital Market Intermediaries (5)

Stabilizing Manager (1)

China International Capital Corporation Hong Kong Securities Limited CE AEN894

Service Providers

Role	Institution
Legal Advisor to Company	Davis Polk & Wardwell 方达律师事务所 Harney Westwood & Riegels 霍金路伟国际律师事务所
Legal Advisor to Sponsors/Underwriters	Cleary Gottlieb Steen & Hamilton (Hong Kong) Jingtian & Gongcheng
Auditor and Reporting Accountant	德勤•关黄陈方会计师行
Industry Advisor	灼识行业咨询有限公司
Compliance Advisor	Somerley Capital Limited CE BAU754
Receiving Banks	CMB Wing Lung Bank Limited China CITIC Bank International Limited Bank of China (Hong Kong) Limited 渣打银行（香港）有限公司

Cornerstone Investors

#	Investor Name	Investment Amount	Shares Subscribed	% of Offer Shares	% of Total Shares	Lock-up Period	Est. Unlock Date
1	GIC	100 USD	2,650,760	13.29%	1.13%	6 months	2027-01-08
2	富达国际	100 USD	2,650,760	13.29%	1.13%	6 months	2027-01-08
3	BlackRock	25 USD	662,680	3.32%	0.28%	6 months	2027-01-08
4	梅赛德斯—奔驰集团	25 USD	662,680	3.32%	0.28%	6 months	2027-01-08
5	Oaktree	20 USD	530,140	2.66%	0.23%	6 months	2027-01-08
6	金兴	15 USD	397,600	1.99%	0.17%	6 months	2027-01-08
7	Franklin Templeton	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
8	Boyu	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
9	高毅实体	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
10	CPIC	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
11	广发基金	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
12	华夏基金（香港）	10 USD	265,060	1.33%	0.11%	6 months	2027-01-08
13	苏州魔速	25 USD	656,060	3.29%	0.28%	6 months	2027-01-08
14	兆易创新	6 USD	159,040	0.80%	0.07%	6 months	2027-01-08

Directors & Management

Chairman	曹旭東
Company Secretary	邵永球、黃俊穎

Executive Director (5)

#	Name	English Name	Type
1	曹旭東	—	Executive Director
2	夏炎	—	Executive Director
3	孫剛	—	Executive Director
4	孫環	—	Executive Director
5	安韌	—	Executive Director

Non-Executive Director (3)

#	Name	English Name	Type
1	張堅俊	—	Non-Executive Director
2	王小鷗	—	Non-Executive Director
3		Fabian Johannes Thomas	Non-Executive Director

Independent Non-Executive Director (4)

#	Name	English Name	Type
1	封和平	—	Independent Non-Executive Director
2	魏裕	—	Independent Non-Executive Director
3	李東	—	Independent Non-Executive Director
4	邵鈺	—	Independent Non-Executive Director

Major Shareholders

Major Shareholders & Holdings	曹旭東、夏炎、孫剛、孫環等一致行動人合計持有約14.85%權益，並控制約59.85%投票權；ZJSmart Holdings Limited持有8.65%；General Motors Holdings LLC持有8.58%；梅賽德斯—奔馳集團持有6.13%。

Offering Structure

Subscription Tiers

IPO Timeline

Momenta-W 06880Prospectus Information