Rokae Robotics sets HK$38 offer price for Hong Kong IPO, to issue up to 23.03 million H shares

Bulletin Express06-30 06:23

Rokae (Shandong) Robotics Group Inc. has released details of its planned Hong Kong initial public offering, confirming an offer price of HK$38.00 per H share and a maximum issue size of 23.03 million H shares under a Global Offering structure.

The deal framework: • Total shares on offer: 23.03 million H shares, equivalent to 10% of enlarged share capital, subject to an over-allotment option. • Hong Kong Public Offering: 2.30 million H shares (about 10.0% of the deal), with a potential claw-up to 3.45 million shares (approximately 15.0%) if demand warrants. • International Offering: 20.73 million H shares (about 90.0%), also subject to reallocation and a 3.45 million-share over-allotment option. • Nominal value: RMB0.10 per H share.

Pricing and payment: • Offer price: HK$38.00 per share. • Additional charges on application: 1.0% brokerage, 0.0027% SFC levy, 0.00015% AFRC levy and 0.00565% Stock Exchange trading fee. • Minimum application: 100 shares at HK$3,838.32 inclusive of fees.

Timetable: • Application period: 9:00 a.m. Tuesday, 30 June 2026 to 12:00 noon Monday, 6 July 2026. • Allocation results announcement: by 11:00 p.m. Wednesday, 8 July 2026. • First day of trading on the Hong Kong Stock Exchange (HKEX): 9:00 a.m. Thursday, 9 July 2026, under stock code 3752; shares will trade in lots of 100.

Application method: • The Hong Kong Public Offering adopts a fully electronic process. Investors can apply via the HK eIPO White Form (www.hkeipo.hk) or instruct brokers/custodians to submit through HKSCC’s FINI system. No physical application forms or printed prospectuses will be provided.

Stabilisation and over-allotment: • China International Capital Corporation Hong Kong Securities Limited will act as Stabilizing Manager and may conduct price-stabilisation activities for up to 30 days after the close of the Hong Kong Public Offering. • The Company may issue up to an additional 3.45 million H shares (15% of the base deal) if the over-allotment option is exercised.

Listing approval and settlement: • Rokae Robotics has applied for listing and permission to deal in its H shares on HKEX. • Subject to final approvals, H shares are expected to be admitted into CCASS for clearing and settlement on the listing date, 9 July 2026.

Board composition: • Executive Directors: Mr. Tuo Hua (Chairman & General Manager), Mr. Tang Shengtian, Dr. Wang Hao, Mr. Song Bin, Mr. Zhang Lei. • Non-executive Director: Mr. Yu Shihua. • Independent Non-executive Directors: Mr. Zhang Peilin, Ms. Zhang Rui, Ms. Chan Maria.

Investors must rely solely on the prospectus dated 30 June 2026 for detailed information and should note that the Hong Kong Underwriting Agreement may be terminated at any time before 8:00 a.m. on the listing date under specified circumstances.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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