MeiG Smart Technology Co., Ltd. (3268) Announces Global Offering Details

Bulletin Express02-27 06:22

MeiG Smart Technology Co., Ltd. (stock code 3268) released information regarding its Global Offering, involving an initial total of 35.00 million H Shares. The offering consists of 3.50 million Hong Kong Offer Shares and 31.50 million International Offer Shares. The company has set a maximum offer price of HK$28.86 per H Share, with a nominal value of RMB1.00 per H Share. There is also an Offer Size Adjustment Option to issue up to 5.25 million additional H Shares, representing approximately 15% of the initial offering.

According to the announcement, the Hong Kong Public Offering will begin at 9:00 a.m. on February 27, 2026, and conclude at 12:00 noon on March 5, 2026. Applicants must submit bids for a minimum of 100 H Shares and in multiples of 100. The final Offer Price is expected to be determined by March 6, 2026, with an anticipated listing date of March 10, 2026, at 9:00 a.m. on the Main Board of the Stock Exchange.

The announcement states that settlement of transactions in the H Shares will be conducted through the Central Clearing and Settlement System (CCASS). The listing of and permission to deal in the H Shares are subject to final approval by the Hong Kong Stock Exchange. The H Shares will be traded in board lots of 100 shares each.

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