Company Overview
| Stock Name | Tuhu-W |
|---|---|
| Stock Code | 09690 |
| Company Full Name | To be extracted |
| Industry | 汽車 |
| Principal Activities | 公司是中國領先的線上線下一體化汽車服務平臺之一。 |
| Listing Date | 2023-09-26 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | Yes |
| Registered Address (Mainland China) | 中國上海市閔行區閔虹路166弄1號樓9樓 |
| 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.tuhu.cn/cn/home/default |
| 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 Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 28.00 / 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 | 66.0% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 118,846,000 |
Subscription Tiers
Minimum subscription unit: 1 lot. Subscription amount ≤ HK$5,000,000 is Pool A, > HK$5,000,000 is Pool B.
Pool A
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 1 lots | 100 | HK$ 2,800 |
| 2 lots | 200 | HK$ 5,600 |
| 3 lots | 300 | HK$ 8,400 |
| 4 lots | 400 | HK$ 11,200 |
| 5 lots | 500 | HK$ 14,000 |
| 6 lots | 600 | HK$ 16,800 |
| 7 lots | 700 | HK$ 19,600 |
| 8 lots | 800 | HK$ 22,400 |
| 9 lots | 900 | HK$ 25,200 |
| 10 lots | 1,000 | HK$ 28,000 |
| 15 lots | 1,500 | HK$ 42,000 |
| 20 lots | 2,000 | HK$ 56,000 |
| 25 lots | 2,500 | HK$ 70,000 |
| 30 lots | 3,000 | HK$ 84,000 |
| 35 lots | 3,500 | HK$ 98,000 |
| 40 lots | 4,000 | HK$ 112,000 |
| 45 lots | 4,500 | HK$ 126,000 |
| 50 lots | 5,000 | HK$ 140,000 |
| 60 lots | 6,000 | HK$ 168,000 |
| 70 lots | 7,000 | HK$ 196,000 |
| 80 lots | 8,000 | HK$ 224,000 |
| 90 lots | 9,000 | HK$ 252,000 |
| 100 lots | 10,000 | HK$ 280,000 |
| 200 lots | 20,000 | HK$ 560,000 |
| 300 lots | 30,000 | HK$ 840,000 |
| 400 lots | 40,000 | HK$ 1,120,000 |
| 500 lots | 50,000 | HK$ 1,400,000 |
| 700 lots | 70,000 | HK$ 1,960,000 |
| 800 lots | 80,000 | HK$ 2,240,000 |
| 900 lots | 90,000 | HK$ 2,520,000 |
| 1,000 lots | 100,000 | HK$ 2,800,000 |
Pool B
| Lots Subscribed | Shares Subscribed | Subscription Amount (HKD) |
|---|---|---|
| 2,000 lots | 200,000 | HK$ 5,600,000 |
| 5,000 lots | 500,000 | HK$ 14,000,000 |
Stock Connect Inclusion
| HK Market Cap | --- |
|---|---|
| Analysis Result | Already included in Stock Connect (both, shenzhen, shanghai) |
Valuation & Financials
| 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 Performance
| First Day Close | HK$ 29.5 |
|---|---|
| First Day Open | HK$ 28.0 |
| First Day Change | 5.36% |
| First Day Volume | 3787600.0 |
| First Day Turnover | 107618000.0 |
Use of Proceeds
| Use of Proceeds | 1、約35%（約378.5百萬港元）預期將于未來三年用于提升供應鏈能力； 2、約20%（約216.3百萬港元）預期將于未來三年用于研發，以提升數據分析技術，從而進一步提高運營效率； 3、約15%（約162.2百萬港元）預期將于未來三年用于擴大門店網絡和加盟商群體（尤其是在二線及以下市縣）、擴大運營及支持團隊以及進一步加強與加盟商的關系； 4、約20%（約216.3百萬港元）預期將于未來三年用于為與新能源汽車車主汽車服務相關的投資以及與該等服務相關的工具及設備投資提供資金； 5、約10%（約108.2百萬港元）預期將用作營運資金及一般公司用途。 |
|---|
Underwriting Syndicate
Joint Sponsors (4)
Overall Coordinators (5)
Joint Bookrunners (9)
GOLDMAN SACHS (ASIA) L.L.C. CE ACC536
China International Capital Corporation Hong Kong Securities Limited CE AEN894
UBS Securities Hong Kong Limited CE BIN466
Merrill Lynch (Asia Pacific) Limited CE AAC198
CMB International Capital Limited CE AVM940
BOCOM International Securities Limited CE APJ121
ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299
ABCI Securities Company Limited CE ACX411
Futu Securities International (Hong Kong) Limited CE AZT137
Joint Lead Managers (9)
GOLDMAN SACHS (ASIA) L.L.C. CE ACC536
China International Capital Corporation Hong Kong Securities Limited CE AEN894
UBS Securities Hong Kong Limited CE BIN466
Merrill Lynch (Asia Pacific) Limited CE AAC198
CMB International Capital Limited CE AVM940
BOCOM International Securities Limited CE APJ121
ICBC INTERNATIONAL SECURITIES LIMITED CE ARO299
ABCI Securities Company Limited CE ACX411
Futu Securities International (Hong Kong) Limited CE AZT137
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | 国轩高科股份有限公司 | 235,379,200 HKD | — | 19.81% | — | 6 months | 2024-03-26 |
| 2 | 嘉实多控股国际有限公司 | 78,458,800 HKD | — | 6.60% | — | 6 months | 2024-03-26 |
| 3 | 上海紫竹高新区(集团)有限公司 | 39,228,000 HKD | — | 3.30% | — | 6 months | 2024-03-26 |
| 4 | 意像架构投资(香港)有限公司 | 196,151,200 HKD | — | 16.50% | — | 6 months | 2024-03-26 |
| 5 | 浙江零跑科技股份有限公司 | 235,379,200 HKD | — | 19.81% | — | 6 months | 2024-03-26 |
Directors & Management
| Chairman | 陳敏 |
|---|---|
| Company Secretary | 陳哲;黃美鳳 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 騰訊實體(18.70%);Nholresi Investment Limited(10.00%);愉悅資本實體(8.65%);紅杉中國(7.28%);Ubiquity Holdings Ltd.(5.26%) |
|---|
