02567 七牛智能
QINIU
QINIU
| Listing Date | 2024/10/16 |
| Listing Price | 2.750 |
Quote
Subscription Result
- Subscription Rate19.87x
- Guarantee One Lot Size2 lot
- One Lot Success Rate80%
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Qiniu Limited provides audiovisual cloud service in China and the Group’s revenue accounted for 1.5% of the entire audiovisual cloud service market in 2023. It is the third largest audiovisual PaaS provider in China in terms of revenue in 2023, with a market share of 5.8%, and the second largest audiovisual ApaaS provider in China in terms of revenue generated from APaaS in 2023 with a market share of 14.1%, according to iResearch.
--
The Group’s major products and services include MPaaS products encompassing a range of audiovisual solutions, including proprietary content delivery network which accelerates content delivery (“QCDN”), object storage platform which stores content (“Kodo”), interactive live streaming products which enable real-time streaming of audiovisual content and intelligent media data analytics platform which offer a wide array of data processing and analytic capabilities (“Dora”); and APaaS solutions which are scenario-based audiovisual solutions based on the Group’s MPaaS capabilities and leveraging its low-code platform, primarily aimed to enable customers to gain quick access to different functionalities with simple steps of deployment to achieve their business aim.
--
The Group’s customers include pan-entertainment, social networking, healthcare, e-commerce, education, media, financial services, automotive, telecommunications and intelligent manufacturing. The Group’s MPaaS business was its largest revenue contributor.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | China |
| Board Lot | 1000 |
GLOBAL OFFERING
| No. of Offer Shares | 159.75M shares |
| No. of International Offer Shares | 111.83M shares |
| No. of HK Offer Shares | 47.93M shares |
| Offer Price | $2.74 - $2.86 |
| Stock Code | 2567 |
| Sponsor(s) | Shenwan Hongyuan Capital (H.K.) Limited, BOCOM International (Asia) Limited |
| Underwriter(s) | Shenwan Hongyuan Securities (H.K.) Limited, BOCOM International Securities Limited, Huatai Financial Holdings (Hong Kong) Limited, GF Securities (Hong Kong) Brokerage Limited, CMB International Capital Limited, ABCI Securities Company Limited, Zheshang International Financial Holdings Co., Limited, China Merchants Securities (HK) Co., Limited, CMBC Securities Company Limited, SDICS International Securities (Hong Kong) Limited, Futu Securities International (Hong Kong) Limited, Livermore Holdings Limited, Tiger Brokers (HK) Global Limited |
TIME TABLE
| Application Period | Sep 30 (Mon) - noon, Oct 10 (Thu) |
| Price Determination Date | Oct 14 (Mon) |
| Result Announcement Date | On or before Oct 15 (Tue) |
| Result Announcement Date | On or before Oct 15 (Tue) |
| Result Announcement Date | On or before Oct 16 (Wed) |
| Dealings in Shares commence on | Oct 16, 2024. (Wed) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $2.74 - $2.86 |
| Capitalization | 5.47B - 5.71B |
| NAV / share ($) | $0.28 - $0.3 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 2.8, the net proceeds raised would be HKD 374.70M, of which |
| 38% : Penetrating and deepening presence in the application scenarios of APaaS business and developing and expanding our customer base |
| 20% : Expanding overseas business |
| 12% : Enhancing research and development capabilities and improving technology infrastructure |
| 20% : Selected mergers, acquisitions, and strategic investments |
| 10% : Working capital |
IPO NEWS
| 16/10/2024 16:08 |
| {New Stock}QINIU(02567) ends down 56.73% at HK$1.19 |
| 16/10/2024 09:20 |
| {New Stock}QINIU(02567) opens down 41.82% at HK$1.6 |
| 15/10/2024 18:35 |
| {New Stock}QINIU ends down 33.09% at HK$1.84 on grey market |
| 15/10/2024 16:20 |
| {New Stock}QINIU(02567) down 23.64% at HK$2.1 on grey market |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).