Delton Technology (Guangzhou) Inc. (1989 HK) Launches Global Offering of 46.00 million H Shares at Up to HK$71.88 Each

Bulletin Express03-12 06:03

Delton Technology (Guangzhou) Inc. has opened its Global Offering for up to 46.00 million H shares, each with a nominal value of RMB1.00. The shares are slated for listing on the Main Board of the Stock Exchange of Hong Kong under stock code 1989, with dealings expected to commence at 9:00 a.m. on 20 March 2026.

Offer structure • Hong Kong Public Offering: 4.60 million H shares (10% of the total), subject to reallocation. • International Offering: 41.40 million H shares (90% of the total), also subject to reallocation. • In line with Practice Note 18 of the Listing Rules, the public tranche may be increased to a maximum of 6.90 million shares (15% of the Global Offering) depending on demand.

Pricing and application economics • Maximum offer price: HK$71.88 per H share. • One board lot comprises 100 H shares; a full-price subscription for one lot requires HK$7,260.49, inclusive of 1.0% brokerage, 0.0027% SFC transaction levy, 0.00565% Stock Exchange trading fee and 0.00015% AFRC levy. • Investors must apply for at least 100 shares and in multiples thereof.

Timetable (Hong Kong time) • Application period: 9:00 a.m. on 12 March 2026 to 12:00 noon on 17 March 2026. • Price determination: on or before 12:00 noon, 18 March 2026. • Allocation and pricing announcement: by 11:00 p.m., 19 March 2026. • Share certificates dispatched or deposited into CCASS: on or before 19 March 2026. • Refunds, if any: on or before 20 March 2026. • Trading debut: 9:00 a.m., 20 March 2026.

Application method The Hong Kong Public Offering is fully electronic: 1. HK eIPO White Form (www.hkeipo.hk) for investors seeking physical share certificates. 2. HKSCC EIPO channel via brokers or custodians for CCASS deposits. No paper application forms will be provided.

Underwriting and termination The Sponsor-Overall Coordinators and Hong Kong Underwriters may terminate the Hong Kong Underwriting Agreement at any time before 8:00 a.m. on the Listing Date (currently 20 March 2026) upon the occurrence of specified events detailed in the prospectus.

Settlement and trading Subject to listing approval and compliance with HKSCC stock-admission requirements, the H shares will be accepted for clearing through CCASS on the first trading day. Shares will trade in board lots of 100. Pre-listing transactions are at the investor’s own risk until share certificates become valid at 8:00 a.m. on 20 March 2026.

Investors should consult the prospectus dated 12 March 2026 for full details of the Global Offering, including risk factors and application procedures.

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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