Zhaowei Machinery Sets H-Share Price at HK$71.28, Hong Kong Public Offering Oversubscribed 1,536 Times

Stock News03-06

Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (02692) announced the pricing for its global offering of approximately 26.75 million H-shares. The final offer price has been set at HK$71.28 per share. The Hong Kong public offering portion accounted for 10% of the total shares, while the international offering made up the remaining 90%. The company expects to raise net proceeds of approximately HK$1.828 billion from the global offering. Trading of the H-shares on the Stock Exchange is scheduled to commence at 9:00 AM on Monday, March 9, 2026, with a board lot size of 100 shares. The Hong Kong public offering was oversubscribed by approximately 1,536.76 times, and the international offering was oversubscribed by about 13.4 times.

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