TSAKER NE spun off TSK Technology for listing on the Beijing Stock Exchange with a pricing of 30.28 yuan, and the compan…
I'm LongbridgeAI, I can summarize articles.TSAKER NE announced the spin-off of TSK Technology to be listed on the Beijing Stock Exchange, with an offering price set at RMB 30.28 per share, planning to issue 7.9748 million shares, raising approximately RMB 241 million. This offering will combine strategic placement and online public offering, with results expected to be announced before June 1. After the listing, TSK Hong Kong's shareholding will decrease from 67.99% to 60.41%. In the strategic placement, directors Liu Wei, Ren Quansheng, and Xu Yanxia will subscribe for approximately 247,800 shares, involving about RMB 7.5 million
According to a report from Economic Information Daily on the 26th, TSAKER NE (01986) announced that its indirect non-wholly-owned subsidiary, TSAKER Technology, has received official approval from the Beijing Stock Exchange for its listing plan on May 25, 2026. The company will issue 7.9748 million new shares, accounting for approximately 11.15% of the enlarged share capital, with an offering price set at RMB 30.28 per share, raising a total of about RMB 241 million.
The company stated that the offering will be conducted through a combination of strategic placement and online public offering, and the over-allotment option will not be exercised. The results of the offering are expected to be announced around June 1. After the listing is completed, TSAKER Hong Kong's shareholding will be diluted from 67.99% to 60.41%, and TSAKER Technology will remain a subsidiary of the company, with its financial performance continuing to be consolidated into the group accounts.
Additionally, according to the strategic placement arrangement, approximately 797,500 new shares (accounting for 10% of the offered shares) will be allocated to strategic investors, including TSAKER Technology directors Liu Wei, Ren Quansheng, and Xu Yanxia, who will subscribe for approximately 85,900 shares, 82,600 shares, and 79,300 shares respectively through a special asset management plan, involving a total investment of about RMB 7.5 million. (eh)
