DAJIN fixes IPO offer price at HK$66.40 per share and triggers full 15% over-allotment

Bulletin Express06-03 22:29

Dajin Heavy Industry Co., Ltd. (DAJIN) has priced its Hong Kong initial public offering at HK$66.40 per H share, exclusive of customary fees and levies.

\n\nThe Offer Size Adjustment Option has been exercised in full, adding 13.04 million H shares—equivalent to 15.0% of the shares initially offered under the Global Offering—at the same offer price.

\n\nKey timetable details remain unchanged. Allocation results for both the International Offering and the Hong Kong Public Offering will be published on Thursday, 4 June 2026. Subject to the Global Offering becoming unconditional by 8:00 a.m. on Friday, 5 June 2026, trading in DAJIN’s H shares is scheduled to begin at 9:00 a.m. the same day on the Main Board of the Stock Exchange of Hong Kong, with transactions conducted in board lots of 100 shares.

\n\nHuatai Financial Holdings (Hong Kong) Limited is acting as the stabilizing manager and may undertake price-supporting activities for up to 30 days after the close of the Hong Kong Public Offering, which falls on Thursday, 2 July 2026.

\n\nDAJIN’s board comprises five executive directors—Mr. Jin Xin (Chairman), Mr. Sun Xiaole, Ms. Liu Aihua, Mr. Li Xin and Mr. Jiang Haitao—and four independent non-executive directors—Mr. Cai Meng, Mr. Qu Guangjie, Ms. Zhang Wei and Ms. Lu Qiannan.

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