MEIG Sets Final Offer Price at HK$28.86 Per Share, Hong Kong Public Offering Oversubscribed 174 Times

Stock News03-09

Meig Smart Technology (03268) has announced its allotment results. The company is globally offering approximately 40.25 million H shares, with the Hong Kong public offering accounting for 8.7% and the international offering making up 91.3% of the total. The final offer price has been set at HK$28.86 per share. Net proceeds from the global offering are expected to amount to around HK$1.091 billion. Each board lot consists of 100 shares. The H shares are scheduled to begin trading on the Stock Exchange of Hong Kong at 9:00 a.m. on Tuesday, March 10, 2026. The Hong Kong public offering was oversubscribed by 174.12 times, while the international offering was oversubscribed by 4.50 times.

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The company is globally offering approximately 40.25 million H shares, with the Hong Kong public offering accounting for 8.7% and the international offering making up 91.3% of the total. The final offer price has been set at HK$28.86 per share. Net proceeds from the global offering are expected to amount to around HK$1.091 billion. Each board lot consists of 100 shares. The H shares are scheduled to begin trading on the Stock Exchange of Hong Kong at 9:00 a.m. on Tuesday, March 10, 2026. 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