Suzhou Denglin Technology Launches HK$1.76 Billion Hong Kong IPO

MT Newswires Live10-30

Suzhou Denglin Technology (HKG:9917) launched its Hong Kong initial public offering on Friday, seeking to raise up to HK$1.76 billion.

The China-based technology company is offering 6.1 million H shares at a maximum price of HK$288.00 each, according to a Hong Kong bourse filing.

The offering comprises 306,250 shares for Hong Kong investors and 5,818,750 shares for international investors, subject to reallocation and the over-allotment option.

The offer price is expected to be determined by Nov. 6, with allocation results due by Nov. 9, ahead of the company's planned trading debut on Nov. 10.

The proceeds will be used mainly to upgrade and commercialize existing GPU product lines, develop and commercialize new product categories, and build software tool chains for chip products.

The company also plans to strengthen its sales and marketing capabilities, with the remainder allocated to working capital and general corporate purposes.

The IPO has five cornerstone investors, including Hua Yuan, Sky Giant, Chinese Consortium, ZGD Capital and Everbright Wealth Management, which have committed to subscribe for a combined HK$646.4 million worth of shares.

CITIC Securities (Hong Kong), China Securities (International) Corporate Finance and BOCI Asia are serving as joint sponsors. CLSA is acting as a sponsor-overall coordinator, alongside China Securities (International) Corporate Finance and BOCI Asia.

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2679391254?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-30 09:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2679391254","market":"hk","top_or_hot":-1,"title":"Suzhou Denglin Technology Launches HK$1.76 Billion Hong Kong IPO","media":"MT Newswires Live","content":"<html><body><p> Suzhou Denglin Technology (HKG:9917) launched its Hong Kong initial public offering on Friday, seeking to raise up to HK$1.76 billion.</p><p>The China-based technology company is offering 6.1 million H shares at a maximum price of HK$288.00 each, according to a Hong Kong bourse filing.</p><p>The offering comprises 306,250 shares for Hong Kong investors and 5,818,750 shares for international investors, subject to reallocation and the over-allotment option.</p><p>The offer price is expected to be determined by Nov. 6, with allocation results due by Nov. 9, ahead of the company's planned trading debut on Nov. 10.</p><p>The proceeds will be used mainly to upgrade and commercialize existing GPU product lines, develop and commercialize new product categories, and build software tool chains for chip products.</p><p>The company also plans to strengthen its sales and marketing capabilities, with the remainder allocated to working capital and general corporate purposes.</p><p>The IPO has five cornerstone investors, including Hua Yuan, Sky Giant, Chinese Consortium, ZGD Capital and Everbright Wealth Management, which have committed to subscribe for a combined HK$646.4 million worth of shares.</p><p>CITIC Securities (Hong Kong), <a href=\"https://laohu8.com/S/601066\">China Securities</a> (International) Corporate Finance and BOCI Asia are serving as joint sponsors. CLSA is acting as a sponsor-overall coordinator, alongside China Securities (International) Corporate Finance and BOCI Asia.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Suzhou Denglin Technology Launches HK$1.76 Billion Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuzhou Denglin Technology Launches HK$1.76 Billion Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-10-30 09:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Suzhou Denglin Technology (HKG:9917) launched its Hong Kong initial public offering on Friday, seeking to raise up to HK$1.76 billion.</p><p>The China-based technology company is offering 6.1 million H shares at a maximum price of HK$288.00 each, according to a Hong Kong bourse filing.</p><p>The offering comprises 306,250 shares for Hong Kong investors and 5,818,750 shares for international investors, subject to reallocation and the over-allotment option.</p><p>The offer price is expected to be determined by Nov. 6, with allocation results due by Nov. 9, ahead of the company's planned trading debut on Nov. 10.</p><p>The proceeds will be used mainly to upgrade and commercialize existing GPU product lines, develop and commercialize new product categories, and build software tool chains for chip products.</p><p>The company also plans to strengthen its sales and marketing capabilities, with the remainder allocated to working capital and general corporate purposes.</p><p>The IPO has five cornerstone investors, including Hua Yuan, Sky Giant, Chinese Consortium, ZGD Capital and Everbright Wealth Management, which have committed to subscribe for a combined HK$646.4 million worth of shares.</p><p>CITIC Securities (Hong Kong), <a href=\"https://laohu8.com/S/601066\">China Securities</a> (International) Corporate Finance and BOCI Asia are serving as joint sponsors. CLSA is acting as a sponsor-overall coordinator, alongside China Securities (International) Corporate Finance and BOCI Asia.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FRHC","symbol_name":"Euronext CAC Health Care","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2679391254","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2679391254","pubTimestamp":1793325137,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Suzhou Denglin Technology  launched its Hong Kong initial public offering on Friday, seeking to raise up to HK$1.76 billion.The China-based technology company is offering 6.1 million H shares at a maximum price of HK$288.00 each, according to a Hong Kong bourse filing.The offering comprises 306,250 shares for Hong Kong investors and 5,818,750 shares for international investors, subject to reallocation and the over-allotment option.The offer price is expected to be determined by Nov. 6, with allocation results due by Nov. 9, ahead of the company's planned trading debut on Nov. 10.The proceeds will be used mainly to upgrade and commercialize existing GPU product lines, develop and commercialize new product categories, and build software tool chains for chip products.The company also plans to strengthen its sales and marketing capabilities, with the remainder allocated to working capital and general corporate purposes.The IPO has five cornerstone investors, including Hua Yuan, Sky Giant, ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FRHC":"Euronext CAC Health Care","REDS":"RPM Republican Senate ETF","09917":"登临科技-P","BK4127":"投资银行业与经纪业","IPOS":"Renaissance International IPO ETF","KCE":"SPDR KBW Capital Markets ETF"},"translate_title":"苏州登临科技17.6亿港元香港IPO","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FRHC":1.5,"KCE":1.5,"IPOS":1.5,"09917":1,"REDS":1.5},"content_text":"Suzhou Denglin Technology (HKG:9917) launched its Hong Kong initial public offering on Friday, seeking to raise up to HK$1.76 billion.The China-based technology company is offering 6.1 million H shares at a maximum price of HK$288.00 each, according to a Hong Kong bourse filing.The offering comprises 306,250 shares for Hong Kong investors and 5,818,750 shares for international investors, subject to reallocation and the over-allotment option.The offer price is expected to be determined by Nov. 6, with allocation results due by Nov. 9, ahead of the company's planned trading debut on Nov. 10.The proceeds will be used mainly to upgrade and commercialize existing GPU product lines, develop and commercialize new product categories, and build software tool chains for chip products.The company also plans to strengthen its sales and marketing capabilities, with the remainder allocated to working capital and general corporate purposes.The IPO has five cornerstone investors, including Hua Yuan, Sky Giant, Chinese Consortium, ZGD Capital and Everbright Wealth Management, which have committed to subscribe for a combined HK$646.4 million worth of shares.CITIC Securities (Hong Kong), China Securities (International) Corporate Finance and BOCI Asia are serving as joint sponsors. CLSA is acting as a sponsor-overall coordinator, alongside China Securities (International) Corporate Finance and BOCI Asia.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.1","shortVersion":"4.52.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2679391254","isCrawlerRequest":true}