SENIOR MATERIALStarts IPO Today, Introduces 13 Cornerstone Investors
I'm LongbridgeAI, I can summarize articles.Lithium-ion battery separator manufacturer SENIOR MATERIALhas launched its Hong Kong IPO, offering 149.5 million H shares with a maximum price of HKD8.98. The company secured 13 cornerstone investors, including SUNWODA and JinkoSolar, subscribing to approximately USD77.52 million worth of shares. The offer period runs from June 12 to 17, with listing expected on June 23.
Lithium-ion battery separator manufacturer SENIOR MATERIAL (06067.HK) (300568.SZ) +0.130 (+0.745%) announced the launch of its Hong Kong IPO, planning to globally offer 149.5 million H shares. The Hong Kong public offering accounts for about 10% (14.9525 million shares) and the international placing accounts for about 90% (134.5 million shares).
The maximum offer price is HKD8.98 per share, with a board lot size of 500 shares and an entry fee of approximately HKD4,535.28. The offer period runs from today (12th) to next Wednesday (17th), with listing expected on June 23. China Securities International is the sole sponsor.
The IPO introduced 13 cornerstone investors, including SUNWODA (300207.SZ) +0.290 (+1.516%) , JinkoSolar Holding Company Limited (JKS.US) , and Mondeomax, subscribing in aggregate shares equivalent to approximately USD77.52 million, representing about 45.14% of the offer shares.
SENIOR MATERIAL was listed on the ChiNext board of the Shenzhen Stock Exchange at the end of 2016 and issued GDRs on the SIX Swiss Exchange in 2023. Its major customers include LG Energy Solution, Samsung SDI, SK On, SAFT, CATL (03750.HK) +13.000 (+1.964%) Short selling $798.83M; Ratio 25.091% , BYD COMPANY (01211.HK) -0.150 (-0.177%) Short selling $649.22M; Ratio 36.765% , GOTION HIGH-TECH (002074.SZ) +0.250 (+0.882%) , CALB (03931.HK) +0.320 (+1.287%) Short selling $5.49M; Ratio 4.464% , EVE ENERGY (300014.SZ) +0.500 (+0.907%) and SUNWODA.
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