Nations Technologies Inc. (02701) was listed on the main board of the Hong Kong Stock Exchange on March 23rd.

date
21:04 23/03/2026
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GMT Eight
Guokong Technology (02701) announced that the company is applying to issue overseas listed foreign shares (H shares) and listing on the main board of The Stock Exchange of Hong Kong Limited. The basic number of H shares to be issued in this global offering is 95 million shares, with 9.5 million shares to be publicly offered in Hong Kong, accounting for 10% of the total global offering; and 85.5 million shares to be internationally offered, accounting for 90% of the total global offering. The company will not exercise the over-allotment option in this offering. Based on a per share offering price of 10.8 Hong Kong dollars for H shares, after deducting related underwriting commissions and other estimated expenses of the global offering, and assuming that the right to adjust the offering volume is not exercised, the net proceeds estimated to be received by the company from the global offering are approximately 944 million Hong Kong dollars.
Nations Technologies Inc. (02701) announced that the company is applying for the issuance of overseas listed foreign shares (H shares) and listing on the main board of the Hong Kong Stock Exchange. The company's global offering of H shares has a base offering of 95 million shares, with 950 million shares publicly offered in Hong Kong, accounting for 10% of the total global offering, and 85.5 million shares internationally offered, accounting for 90% of the total global offering. The company's current issuance does not involve the exercise of the over-allotment option. Based on a per share offering price of HK$10.8 for H shares, after deducting relevant underwriting commissions and other estimated costs, and assuming the adjustment of the offering amount option is not exercised, the company estimates it will receive net proceeds of approximately HK$944 million from the global offering. Approved by the Hong Kong Stock Exchange, the 95 million H shares issued by the company will be listed and traded on the main board of the Hong Kong Stock Exchange on March 23, 2026. The Chinese abbreviation for the company's H shares is "Nations Technologies Inc.," the English abbreviation is "NSING TECH," and the stock code is "2701."