10:25
Sanhua Intelligent Controls: The offering price is set at HKD 22.53 per H share.
Golden Ten Data reported on June 19 that Sanhua Intelligent Control (02050. HK) announced that on 19 June 2025, the offer price has been set at HK$22.53 per H share (excluding 1.0% brokerage fee, 0.0027% SFC transaction levy, 0.00565% SEHK transaction fee and 0.00015% AFRC transaction levy). The Offering Volume Adjustment Right has been exercised in full, pursuant to which the Company will issue and allott 54,049,500 additional Offer Shares at the Offer Price, representing approximately 15.0% of the total number of Offer Shares initially available for subscription under the Global Offering. The Company expects to announce the level of enthusiasm for the international offering, the level of applications for the Hong Kong public offering, the basis for the allotment of the Hong Kong Offer Shares and the details of the allotment results of the Hong Kong Public Offering on Friday, 20 June 2025. It is assumed that the global offering becomes nil on or before 8 a.m. (Hong Kong time) on 23 June 2025 (Monday).