01989 廣合科技
DELTON
DELTON
| Register Close | 2026/03/17 IPO Closing in 3 Days |
| Listing Date | 2026/03/20 |
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IPO Detail
COMPANY PROFILE
Delton Technology (Guangzhou) Inc. primarily develop, manufacture and sell customized printed circuit boards (“PCBs”) for high performance servers and other computing applications.
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According to the report, the Group ranked third among high performance server PCB manufacturers globally, and ranked first among high performance server PCB manufacturers headquartered in the Chinese Mainland based on the cumulative revenue from high performance server PCBs from 2022 to 2024.
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The Group provide computing application PCBs, industrial application PCBs, and consumer application PCBs. The Group’s principal production facilities are located in Guangdong Province and Hubei Province, China, namely the Guangzhou base and the Huangshi base.
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The Group primarily generated revenue from the sales of PCBs and its customers consisted of direct sales customers, primarily consisting of end product brands and EMS providers, trading partners, and PCB manufacturers.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | Asia Pacific |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 46.00M H shares |
| No. of International Offer Shares | 41.40M H shares |
| No. of HK Offer Shares | 4.60M H shares |
| Offer Price | $71.88 |
| Stock Code | 1989 |
| Sponsor(s) | CITIC Securities (Hong Kong) Limited, HSBC Corporate Finance (Hong Kong) Limited |
| Underwriter(s) | CLSA Limited, The Hongkong and Shanghai Banking Corporation Limited, GF Securities (Hong Kong) Brokerage Limited, Huatai Financial Holdings (Hong Kong) Limited, Guolian Securities International Capital Co., Limited |
TIME TABLE
| Application Period | Mar 12 (Thu) - noon, Mar 17 (Tue) |
| Price Determination Date | Mar 18 (Wed) |
| Result Announcement Date | On or before Mar 19 (Thu) |
| Result Announcement Date | On or before Mar 19 (Thu) |
| Result Announcement Date | On or before Mar 20 (Fri) |
| Dealings in Shares commence on | Mar 20, 2026. (Fri) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $71.88 |
| Capitalization (H Shares) | 3.31B |
| NAV / share ($) | $15.39 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 71.88, the net proceeds raised would be HKD 3.18B, of which |
| 19.7% : Used for Thai Base Phase II |
| 52.1% : Expand and upgrade production facilities in Guangzhou base |
| 10% : Enhancing R&D capabilities in developing material technologies, refining manufacturing processes and product development |
| 8.2% : Pursue strategic partnerships, investments or acquisitions which are complementary to business and in line with strategies |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).