LAOPU GOLD
Listing Date | 2024/06/28 |
Listing Price | 40.500 |
- Subscription Rate582.15x
- Guarantee One Lot Size35 lot
- One Lot Success Rate3.39%
Listing Date | 2024/06/28 |
Listing Price | 40.500 |
Laopu Gold Co is a Chinese heritage gold jewelry brand accredited by the China Gold Association, epitomizing China’s intangible cultural heritage value and craftsmanship through its comprehensive product portfolio.
--
The Group’s gold jewelry products primarily comprise pure gold jewelry and gem-set jewelry (with diamonds or other gemstones inlaid in pure gold). It derived a material portion of revenue from sales of self-designed heritage gold jewelry through its boutiques.
--
The Group’s market share in the heritage gold jewelry market and the gold jewelry market in China of 2.0% and 0.6%, respectively, in terms of revenue in 2023, according to Frost & Sullivan. Among all gold jewelry brands in China, it ranked first in terms of single-store sales in each of 2022 and 2023.
--
The Group adopt a self-operation model for all its boutiques. As of June 11, 2024, it self-operated 33 boutiques in reputable commercial centers in 14 cities across China, most of which were tier-one and new tier-one cities.
Market | Hong Kong (Main Board) |
Business Nature | Jewellery & Watches |
Major Business Area | China |
Board Lot | 100 |
No. of Offer Shares | 22.37M H shares |
No. of International Offer Shares | 11.18M H shares |
No. of HK Offer Shares | 11.18M H shares |
Offer Price | $40.50 |
Stock Code | 6181 |
Sponsor(s) | China Securities (International) Corporate Finance Company Limited |
Underwriter(s) | China Securities (International) Corporate Finance Company Limited, CCB International Capital Limited, BOCOM International Securities Limited, Tiger Brokers (HK) Global Limited |
Application Period | Jun 20 (Thu) - noon, Jun 25 (Tue) |
Price Determination Date | -- |
Result Announcement Date | On or before Jun 27 (Thu) |
Result Announcement Date | On or before Jun 27 (Thu) |
Result Announcement Date | On or before Jun 28 (Fri) |
Dealings in Shares commence on | Jun 28, 2024. (Fri) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $40.50 |
Capitalization (H Shares) | 3.58B |
NAV / share ($) | $14.74 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 40.50, the net proceeds raised would be HKD 713.20M, of which |
73.3% : Expand sales network, and promote the internationalization of brand through opening new boutiques at both domestic and overseas markets |
11.3% : maintain the positioning of brand and increase brand awareness |
2.7% : Optimize the internal information technology system and enhance the level of automation and informatization |
2.7% : Strengthen research and development capabilities |
10% : General working capital |
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). |
Currency | : |
Listing Price | : |
Board Lot | : |
Admission Fee* |
: |
Subscribing Lot | : |
Subscribing Fee | : |
Subscribing Amount | : |