"New Shares" ESTUN AUTOMATION's public offering was oversubscribed by 18.67 times, subscribing for 5,000 shares guarantees a lot

ESTUN AUTOMATION (02715.HK) announced the results of its IPO, with the Hong Kong public offering receiving 19.67 times subscription, and a 4.99% chance of winning a lot (200 shares), with subscriptions of 5,000 shares guaranteed one lot. The international offering recorded 3.34 times subscription. The final offer price is HKD 15.36, at the lower end of the price range, raising a net amount of HKD 1.412 billion. Shares are expected to be listed on Monday (9th).

Chinese industrial robot company ESTUN AUTOMATION plans to globally offer 96.78 million shares, with the public offering accounting for 10%. The offer price ranges from HKD 15.36 to HKD 17. Harvest Oriental, Hengtong Optic-Electric International, Dream'ee HK Fund, and Haitian Huayuan under Haitian International (01882.HK), among seven cornerstone investors, subscribed a total of 34.0486 million shares, accounting for 35.18% of the total offering. The last day for the lock-up commitment is September 8, 2026