
GIANT BIOGENE
Listing Date | 2022/11/04 |
Listing Price | 24.300 |
- Subscription Rate2.08x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
Listing Date | 2022/11/04 |
Listing Price | 24.300 |
Giant Biogene Holding Co., Ltd is a leader in the bioactive ingredient-based professional skin treatment product industry in China. It designs, develops and manufactures professional skin treatment products with recombinant collagen as the key bioactive ingredient.
The Group’s market share was approximately 1.1 % of China’s overall skin care and treatment market in terms of retail sales in 2021. It was the second-largest professional skin treatment product company in China in 2021. It is the first company to obtain a medical device registration for recombinant collagen-based product in China. Collgene (可麗金) and Comfy (可復美), its flagship brands of recombinant collagen-based products, were the third and the fourth best-selling professional skin treatment brands, respectively.
The Group’s product pipeline included 102 product candidates, comprising 49 functional skincare products, 37 medical dressings and four skin rejuvenation products under its beauty product portfolio, as well as two biomedical products, seven functional foods and three food products for special medical purposes under our health product portfolio.
The Group implements dual-pronged “medical institution mass consumer” sales strategy targeting both medical institutions and mass market. It had sold and distributed products to over 1,000 public hospitals, approximately 1,700 private hospitals and clinics, as well as approximately 300 pharmacy chain brands across China. In addition, it have also built a nationwide mass market sales network through direct sales and distributors.
Market | Hong Kong (Main Board) |
Business Nature | Household & Personal Products |
Major Business Area | China |
Board Lot | 200 |
No. of Offer Shares | 22.61M shares |
No. of International Offer Shares | 20.35M shares |
No. of HK Offer Shares | 2.26M shares |
Offer Price | $24.30 - $27.70 |
Stock Code | 2367 |
Sponsor(s) | Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited |
Underwriter(s) | Goldman Sachs (Asia) L.L.C., China International Capital Corporation Hong Kong Securities Limited, Huatai Financial Holdings (Hong Kong) Limited, GF Securities (Hong Kong) Brokerage Limited, Futu Securities International (Hong Kong) Limited, Silverbricks Securities Company Limited |
Application Period | Oct 25 (Tue) - noon, Oct 28 (Fri) |
Price Determination Date | Oct 28 (Fri) |
Result Announcement Date | On or before Nov 03 (Thu) |
Result Announcement Date | On or before Nov 03 (Thu) |
Dealings in Shares commence on | Nov 04, 2022. (Fri) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $24.30 - $27.70 |
Capitalization | 24.10B - 27.47B |
NAV / share ($) | $2.25 - $2.33 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 26.00, the net proceeds raised would be HKD 532.10M, of which |
11% : Investment in R&D to enlarge R&D team, expand R&D facilities and conduct testing |
28% : Expansion of manufacturing capacity with respect to product portfolios and bioactive ingredients |
46% : Enhance omni-channel sales and distribution network to enhance brand recognition |
5% : Enhancement of operation and information systems |
10% : Working capital |
04/11/2022 16:09 |
{New Stock}GIANT BIOGENE(02367) ends up 9.88% at HK$26.7 |
04/11/2022 09:20 |
{New Stock}GIANT BIOGENE(02367) opens up 7% at HK$26 |
03/11/2022 18:35 |
{New Stock}GIANT BIOGENE(02367) ends up 5.97% on grey market |
03/11/2022 16:20 |
{New Stock}GIANT BIOGENE up 3.29% at HK$25.1 on grey market |
Prospectus | ![]() | ![]() |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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