07656 瑞為技術
RECONOVA
RECONOVA
| Register Close | 2026/07/03 IPO Closing in 2 Days |
| Listing Date | 2026/07/08 |
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Reconova Technologies Co. is an AI company that provides visual AI technologies and products for enterprise clients.
--
Integrating the Group’s self-developed vision large models, deep learning related technologies, multi-spectrual imaging technologies, and software-hardware co-design capabilities, it offers a series of visual perception, visual cognition and visual reasoning intelligence products that are applied across different scenarios, including civil aviation, commercial spaces, and driving safety.
--
According to the report, in terms of revenue in 2025, the Group ranked first in enterprise visual AI product market for civil aviation in China, with a market share of 8.7%, and ranked fourth in enterprise visual AI product market for commercial space in China, with a market share of 1.7%.
--
The Group’s customers primarily include system integrators for intelligent civil aviation, commercial real estate developers, industrial complex or public industrial park developers/operators, and door lock manufacturers and integrators for intelligent commerce, and telecommunication companies and in-vehicle equipment manufacturers for intelligent driving safety.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | China |
| Board Lot | 200 |
GLOBAL OFFERING
| No. of Offer Shares | 28.09M H shares |
| No. of International Offer Shares | 26.68M H shares |
| No. of HK Offer Shares | 1.40M H shares |
| Offer Price | $21.66 |
| Stock Code | 7656 |
| Sponsor(s) | Huatai Financial Holdings (Hong Kong) Limited, CCB International Capital Limited, ABCI Capital Limited |
| Underwriter(s) | Huatai Financial Holdings (Hong Kong) Limited, CCB International Capital Limited, ABCI Securities Company Limited, CMBC Securities Company Limited, Huafu International Securities Limited, Shenwan Hongyuan Securities (H.K.) Limited, Sunfund Securities Limited, Futu Securities International (Hong Kong) Limited, Yuet Sheung International Securities Limited |
TIME TABLE
| Application Period | Jun 29 (Mon) - noon, Jul 03 (Fri) |
| Price Determination Date | -- |
| Result Announcement Date | On or before Jul 07 (Tue) |
| Result Announcement Date | On or before Jul 07 (Tue) |
| Result Announcement Date | On or before Jul 08 (Wed) |
| Dealings in Shares commence on | Jul 08, 2026. (Wed) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $21.66 |
| Capitalization (H Shares) | 5.93B |
| NAV / share ($) | $2.21 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 21.66, the net proceeds raised would be HKD 529.10M, of which |
| 55.8% : Conduct and enhance R&D capabilities and product offerings, including R&D on product iteration, and new product development |
| 26.3% : Establishment of production base for in-house manufacturing, assembly, and testing of hardware and systems |
| 10.4% : Enhancement of marketing capabilities and expansion of overseas sales channel |
| 7.5% : General corporate purposes |
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).