02521 升輝清潔
SHENGHUI CLEAN
SHENGHUI CLEAN
| Listing Date | 2023/12/05 |
| Listing Price | 0.320 |
Subscription Result
- Subscription Rate33.35x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Shenghui Cleanness Group is a cleaning and maintenance services provider in Guangdong province PRC. It has developed its business since its establishment in 2000 to offer a wide range of services to over 700 customers and extend the coverage of its operations to 14 provincial-level regions in the PRC.
--
The Group service capabilities include the provision of basic cleaning and maintenance service, garbage collection and transportation service, waste collection and transportation service, water tank cleaning service and ancillary services. It also offers specialised cleaning services such as stone cleaning and restoration and high-altitude cleaning with mobile elevated platforms.
--
The Group secure its contracts with customers through the tender process or by direct engagement. Most of its revenue is derived from contracts awarded through competitive tendering.
--
The Group services including government authorities and institutions, state-owned enterprises, companies listed on the Stock Exchange or other major stock exchanges and private enterprises.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Commercial & Professional Services |
| Major Business Area | China |
| Board Lot | 7500 |
GLOBAL OFFERING
| No. of Offer Shares | 414.38M shares |
| No. of Placing Shares | 290.06M shares |
| No. of Public Offer Shares | 124.31M shares |
| Offer Price | $0.32 - $0.40 |
| Stock Code | 2521 |
| Sponsor(s) | Cinda International Capital Limited |
| Underwriter(s) | Cinda International Capital Limited, ICBC International Securities Limited, CCB International Capital Limited, Yuen Meta (International) Securities Limited, China Sunrise Securities (International) Limited, ABCI Securities Company Limited, CEB International Capital Corporation Limited, China Everbright Securities (HK) Limited, China Industrial Securities International Capital Limited, CMB International Capital Limited, CMBC Securities Company Limited, Eddid Securities and Futures Limited, Gear Securities Investment Limited, Grand Moore Capital Limited, Livermore Holdings Limited, Realord Asia Pacific Securities Limited, SBI China Capital Financial Services Limited, Soochow Securities International Brokerage Limited, SPDB International Capital Limited, Zheshang International Financial Holdings Co., Limited, Zhongtai International Securities Limited |
TIME TABLE
| Application Period | Nov 27 (Mon) - noon, Nov 30 (Thu) |
| Price Determination Date | Dec 01 (Fri) |
| Result Announcement Date | On or before Dec 04 (Mon) |
| Result Announcement Date | On or before Dec 04 (Mon) |
| Result Announcement Date | On or before Dec 05 (Tue) |
| Dealings in Shares commence on | Dec 05, 2023. (Tue) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $0.32 - $0.40 |
| Capitalization | 520.00M - 650.00M |
| NAV / share ($) | $0.19 - $0.21 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 0.36, the net proceeds raised would be HKD 87.40M, of which |
| 70.3% : Expanding geographic presence across the PRC, particularly establishing new subsidiaries or strategic acquisition |
| 19.4% : Enhancing service capabilities to capture opportunities in the public space cleaning sector |
| 7.6% : Used for adoption of technological advances in the industry and upgrading information technology system |
| 2.5% : Expand marketing department and strengthen brand recognition through promotional activities |
| 0.2% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).