
The public offering of HAIZHI TECH GP was oversubscribed by 5,064 times, with a one-hand winning rate of only 0.06%
HAIZHI TECH GP (02706.HK) announced the results of its IPO, with the Hong Kong public offering receiving 5,065.06 times subscription, and the chance of winning a lot (200 shares) at 0.06%. The international offering recorded 8.39 times subscription. The final offer price is HKD 27.06, with a net fundraising amount of HKD 655 million. The shares are expected to be listed on Friday (13th).
HAIZHI TECH focuses on developing artificial intelligence solutions through graphic model fusion technology, planning to globally offer 28.03 million shares, with 10% allocated for public offering. The maximum offer price is HKD 28. Four cornerstone investors subscribed a total of 4.3074 million shares, accounting for 15.37% of the total offering, among which, JSC International Investment Fund SPC has a lock-up commitment until January 12, 2027, JINGSHENG HENGXING has a lock-up commitment until November 12, 2026, and Infini and Mega Prime have lock-up commitments until August 12, 2026

