Oriental SciTech (01770) will be listed from June 29th to July 3rd, planning to globally issue 5.1186 million H shares.

Dongfang Kemo (01770) will offer 5.1186 million H shares from June 29, 2026 to July 3, 2026. The company plans to issue approximately 10% of the shares in the Hong Kong public offering and 90% in the international offering. The offering price per share is between HK$78.64 and HK$101.11. Each board lot consists of 50 H shares, and it is expected that the H shares will commence trading on the Stock Exchange of Hong Kong at 9:00 am on July 8, 2026 (Wednesday). The company is a well-known enterprise in the global electronic paper display industry. According to data from Zhoushi Consulting, based on revenue in 2025, the company is the second largest electronic paper display manufacturer in the world (with a market share of 20.8%) and the largest commercial electronic paper display manufacturer based on revenue (with a market share of 24.9%). Based on revenue, the global commercial electronic paper display division accounted for 83.5% of the overall global commercial electronic paper display market in 2025, highlighting the company's leading position in the market. Assuming the offering price is HK$89.88 per share (the midpoint of the offering price range as stated in the prospectus), the net amount estimated to be received by the company from the global offering (assuming the exercise of the over-allotment option) is approximately HK$411 million. The company plans to use the net proceeds for the following purposes (based on the midpoint of the offering price range as stated in the prospectus): (1) approximately 65.0% will be used as one of the sources of funding to increase future production capacity and upgrade production facilities to smart factories. (2) approximately 25.0% will be used to enhance the company's research and technology capabilities to enrich the product matrix. (3) the remaining approximately 10.0% will be used for working capital and general corporate purposes. In 2023, 2024, and 2025, the company's revenue was RMB 1.024 billion, RMB 1.152 billion, and RMB 1.713 billion respectively. The company expects that the continued development of the electronic paper display industry will further drive the company's future growth. As a leading supplier of electronic paper display products, the company is well prepared to seize the opportunities in the booming global electronic paper display market.