Longqi Technology Park's IPO oversubscribed today, with the offering price not exceeding 31 Hong Kong dollars.

On the morning of January 14th, Longqi Technology announced on the Hong Kong Stock Exchange that the company plans to globally issue 52,259,100 H shares, with 5,226,000 H shares to be issued in Hong Kong and 47,033,100 H shares to be issued internationally, with an additional 15% of the over-allotment option. The issue price will not exceed HK$31 per share. It is expected that the shares will begin trading on the Hong Kong Stock Exchange on January 22, 2026.