The preliminary price range for the H-share issuance of CNGR Advanced Material (300919.SZ) has been set at HK$34.00 to HK$37.80.

date
08:22 07/11/2025
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GMT Eight
Zhongwei Group (300919.SZ) announced that the company's global offering of H shares this time had a basic issue of 104,...
CNGR Advanced Material (300919.SZ) announced that the total number of H shares to be issued in the global offering is 104,225,400 shares (subject to adjustment based on the exercise of the over-allotment option and the option for additional shares), with a preliminary allocation of 10,422,600 shares for public offering in Hong Kong (subject to reallocation), representing approximately 10.00% of the total global offering; and 93,802,800 shares for international offering (subject to reallocation and based on the exercise of the over-allotment option), representing approximately 90.00% of the total global offering. From the listing date to 30 days after the end of the public offering in Hong Kong, the joint global coordinators may exercise the over-allotment option, requesting the company to issue up to an additional 15,633,800 H shares at the offering price. In case the over-allotment option is fully exercised, the maximum number of H shares to be issued in the global offering would be 119,859,200 shares. The price range for the H share offering is preliminarily set at HK$34.00 to HK$37.80. The public offering of H shares in Hong Kong is expected to start on November 7, 2025, end on November 12, 2025, and the offering price is expected to be announced on November 14, 2025.