POWERWIN TECH
Listing Date | 2023/03/31 |
Listing Price | 0.700 |
- Subscription Rate13.47x
- Guarantee One Lot Size20 lot
- One Lot Success Rate25%
Listing Date | 2023/03/31 |
Listing Price | 0.700 |
Powerwin Tech Group is a cross-border digital marketing service provider in China ranking third by gross billing in 2021 for cross-border e-commerce with a market share of 6.2%. It was also the fourth largest cross-border digital marketing service provider in China with a market share of 2.7% by gross billing in 2021.
--
The Group had served more than 1,900 marketers as of September 30, 2022, covering a variety of industry verticals of e-commerce, online games and apps. For the nine months ended September 30, 2022, it served a total of 762 marketers. The media coverage of services reached more than 240 countries and regions in the world.
--
In November 2021, the Group also commenced to provide cross-border online-shop SaaS solutions with the pilot launch of itsPowershopyTM SaaS platform (動力商城SaaS平台) which enables cross-border e-commerce merchants to build, operate, manage and market their own standalone online shops in an “all-in-one” fashion.
Market | Hong Kong (Main Board) |
Business Nature | Media |
Major Business Area | China |
Board Lot | 4000 |
No. of Offer Shares | 200.00M shares |
No. of International Offer Shares | 180.00M shares |
No. of HK Offer Shares | 20.00M shares |
Offer Price | $0.65 - $0.75 |
Stock Code | 2405 |
Sponsor(s) | GF Capital (Hong Kong) Limited |
Underwriter(s) | GF Securities (Hong Kong) Brokerage Limited, First Capital Securities Limited, China Everbright Securities (HK) Limited, Maxa Capital Limited |
Application Period | Mar 21 (Tue) - noon, Mar 24 (Fri) |
Price Determination Date | Mar 24 (Fri) |
Result Announcement Date | Onorbefore Mar 30 (Thu) |
Result Announcement Date | Onorbefore Mar 30 (Thu) |
Result Announcement Date | Onorbefore Mar 30 (Thu) |
Dealings in Shares commence on | Mar 31, 2023. (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 | $0.65 - $0.75 |
Capitalization | 520.00M - 600.00M |
NAV / share ($) | $0.16 - $0.19 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 0.7, the net proceeds raised would be HKD 96.80M, of which |
41.7% : Strengthen research and development capabilities, in particular AI technology capabilities |
13.3% : Market cross-border online-shop SaaS solutions business |
10% : Upgrade business and internal management systems |
15% : Strengthen capabilities in providing localized services in overseas countries and regions to meet customers’ growing demand for overseas presence and expansion and deepen global footprint |
10% : Pursue strategic cooperation or investment opportunities |
10% : Working capital |
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). |
Currency | : |
Listing Price | : |
Board Lot | : |
Admission Fee* |
: |
Subscribing Lot | : |
Subscribing Fee | : |
Subscribing Amount | : |