Chuangxin Industries Holdings Limited (CHUANGXIN IND, 02788) Announces Final Offer Price and Allotment Results

Bulletin Express11-21

Chuangxin Industries Holdings Limited (CHUANGXIN IND, 02788) has confirmed its final offer price at HK$10.99 per share for its Global Offering. The total offering involves 500 million shares, comprising 50 million shares offered under the Hong Kong Public Offering and 450 million shares under the International Offer. The net proceeds are expected to be HK$5,312.8 million after deducting estimated listing expenses.

According to the announcement, the Hong Kong Public Offering received 145,228 valid applications and was oversubscribed by about 447.2 times. A total of 50 million shares (10% of the Global Offering) were allocated to the Hong Kong Public Offering. The International Offer recorded a subscription level of around 19.85 times and allocated 450 million shares, including an over-allocation of 75 million shares.

Upon listing, the company will have 2 billion shares in issue (before any exercise of the Over-allotment Option). The controlling shareholders collectively hold 75% of the company’s total issued share capital, subject to a lock-up period. Public shareholders hold approximately 25% of the shares, meeting listing requirements for public float.

Dealings in the shares are scheduled to commence on November 24, 2025, on the Stock Exchange of Hong Kong, under the stock code 02788, with board lots of 500 shares for trading.

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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