Files
hk-ipo/data/extracted_text/00901/allotment_results_2026-05-27_2026052700001.txt
T
geometrybase 8a0dfd88f0 Make PDF text extraction a standard archive step
Request:
- Add extracted PDF text generation to the archivist workflow as a standard step.

Changes:
- Run PDF text extraction automatically for newly archived HKEX PDF sources.
- Make the PDF text extractor incremental and manifest-preserving.
- Document extracted-text handling in the archivist skill and README.
- Mark generated extracted text as no-diff data evidence.
- Backfill extracted text for all archived PDF source references.

Verification:
- Ran git diff --cached --check.
- Ran .venv/bin/python -m py_compile scripts/extract_pdf_text.py scripts/archive_hkex_documents.py.
- Ran full PDF extraction, then confirmed an incremental rerun skips unchanged files.
- Verified 557 PDF source_refs, 557 manifest rows, all status ok, and zero missing text/hash/path issues.

Next useful context:
- HKEX HTML notices and Yahoo JSON market data remain under data/raw and are not expected in data/extracted_text.
2026-06-15 13:27:41 +00:00

1553 lines
44 KiB
Plaintext
Raw Blame History

This file contains ambiguous Unicode characters
This file contains Unicode characters that might be confused with other characters. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.
--- page 1 ---
1
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “ Stock
Exchange ”) and Hong Kong Securities Clearing Company Limited (“ HKSCC ”) take no responsibility for the
contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim
any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the
contents of this announcement.
Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as
those defined in the prospectus dated May 18, 2026 (the “ Prospectus ”) issued by Shenzhen SDMC Technology
Co., Ltd. (
ʮ̡ ) (the “ Company ”).
This announcement is for information purposes only and does not constitute an offer or an invitation to induce
an offer by any person to acquire, purchase or subscribe for any securities of the Company. This announcement is
not a prospectus. Potential investors should read the Prospectus for detailed information about the Company and
the Global Offering described below before deciding whether or not to invest in the Offer Shares. Any investment
decision in relation to the Offer Shares should be taken solely in reliance on the information provided in the
Prospectus.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States
(including its territories and possessions, any state of the United States and the District of Columbia). This
announcement does not, and is not intended to, constitute or form a part of any offer to sell or solicitation to
purchase or subscribe for any securities in the United States or in any other jurisdiction. The Offer Shares have
not been, and will not be, registered under the United States Securities Act of 1933, as amended from time to
time (the “ U.S. Securities Act ”) or securities law of any state or other jurisdiction of the United States and may
not be offered, sold, pledged or otherwise transferred within the United States, except pursuant to an available
exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and
in compliance with any applicable state securities laws. The Offer Shares are being offered and sold solely
outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and
applicable laws of each jurisdiction where those offers and sales occur. There will be no public offer of the Offer
Shares in the United States.
In connection with the Global Offering, China Securities (International) Corporate Finance Company Limited
acts as the Sole Sponsor, Sole Sponsor-Overall Coordinator, Sole Overall Coordinator and Sole Global
Coordinator.
Potential investors of the Offer Shares should note that the Sole Sponsor and the Sole Sponsor-Overall
Coordinator (for itself and on behalf of the Hong Kong Underwriters) shall be entitled to terminate their
obligations under the Hong Kong Underwriting Agreement with immediate effect upon the occurrence of any of
the events set out in the section headed “Underwriting Underwriting Arrangements and Expenses Hong Kong
Public Offering Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time)
on the Listing Date (which is currently expected to be on Wednesday, May 27, 2026).
--- page 2 ---
2
Shenzhen SDMC Technology Co., Ltd.
ʮ̡
(a joint stock company incorporated in the Peoples Republic of China with limited liability)
GLOBAL OFFERING
Number of Offer Shares under the
Global Offering
: 19,207,300 H Shares
Number of Hong Kong Offer Shares : 1,920,800 H Shares
Number of International Offer Shares : 17,286,500 H Shares
Offer Price : HK$32.80 per H Share, plus brokerage
of 1.0%, SFC transaction levy of
0.0027%, Stock Exchange trading fee
of 0.00565% and AFRC transaction
levy of 0.00015% (payable in full on
application in Hong Kong Dollars and
subject to refund)
Nominal value : RMB0.10 per H Share
Stock code : 00901
Sole Sponsor, Sole Overall Coordinator, Sole Global Coordinator,
Joint Bookrunner and Joint Lead Manager
Joint Bookrunners and Joint Lead Managers
--- page 3 ---
3
SHENZHEN SDMC TECHNOLOGY CO., LTD. / 深圳市華曦達科技股份有限公司
ANNOUNCEMENT OF ALLOTMENT RESULTS
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings
as those defined in the prospectus dated May 18, 2026 (the “ Prospectus”) issued by Shenzhen SDMC
Technology Co., Ltd. (the “Company”).
SUMMARY
Company information
Stock code 901
Stock short name SDMC
Dealings commencement date May 27, 2026*
*see note at the end of the announcement
Price Information
Offer Price HK$32.80
Offer Shares and Share Capital
Number of Offer Shares 19,207,300 H Shares
Final Number of Offer Shares in Hong Kong Public Offering 1,920,800 H Shares
Final Number of Offer Shares in International Offer ing
(Note)
17,286,500 H Shares
Number of issued shares upon Listing 209,540,070 H Shares
Note: The Offer Size Adjustment Option is not exercised.
Proceeds
Gross proceeds (Note) HK$ 630.00 million
Less: Estimated listing expenses payable based on Final
Offer Price
HK$ (60.00) million
Net proceeds HK$ 570.00 million
Note: Gross proceeds refers to the amount to which the issuer is entitled receive. For details of the use of
proceeds, please refer to the section headed “Future Plans and Use of Proceeds” in the Prospectus.
ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFERING
No. of valid applications 177,196
No. of successful applications 17,058
Subscription level 1,971.99 times
Claw-back triggered N/A
No. of Offer Shares initially available under the Hong Kong Public
Offering
1,920,800
No. of Offer Shares reallocated from the International Offering 0
Final no. of Offer Shares under the Hong Kong Public Offering 1,920,800
% of Offer Shares under the Hong Kong Public Offer ing to the
Global Offering
10.00%
--- page 4 ---
4
Note: For details of the final allocation of shares to the Hong Kong Public Offering, investors can refer to
https://www.hkeipo.hk/IPOResult to perform a search by name or identification number or
https://www.hkeipo.hk/IPOResult for the full list of allottees.
INTERNATIONAL OFFERING
No. of placees 215
Subscription Level 2.23 times
No. of Offer Shares initially available under the International
Offering
17,286,500
Final no. of Offer Shares under the International Offering 17,286,500
% of Offer Shares under the International Offer ing to the Global
Offering
90.00%
The Directors confirm that, to the best of their knowledge, information and belief, save for consent s under
paragraph 1C(1) and (2) of Appendix F1 to the Listing Rules (the “Placing Guidelines”) granted by the Stock
Exchange to permit H Shares in the International Offering to be placed to certain existing shareholders and/or
their close associates and certain connected clients as disclosed in this announcement , (i) none of the Offer
Shares subscribed by the placees and the public have been financed directly or indirectly by the Company, any
of the Directors, chief executive of the Company, controlling shareholders, substantial shareholders, existing
shareholders of the Company or any of its subsidiaries or their respective close associates; and (ii) none of
the placees and the public who have purchased the Offer Shares are accus tomed to taking instructions from
the Company, any of the Directors, chief executive of the Company, controlling shareholders, substantial
shareholders, existing shareholders of the Company or any of its subsidiaries or their respective close
associates in relation to the acquisition, disposal, voting or other disposition of Shares registered in his/her/its
name or otherwise held by him/her/it.
ALLOTEES WITH CONSENTS OBTAINED
Name
No. of
Offer
Shares
allocated
% of
Offer
Shares
% of total
issued H
Shares after
the Global
Offering
% of total
issued
Shares after
the Global
Offering Relationship
Allotee with consent under paragraphs 1C(1) of the Placing Guidelines in relation to allocations to
connected clients (Note 1)
Guotai Junan Financial
Products Limited (the
“Guotai Junan
Financial Products”)
579,100
3.01% 0.28% 0.28% Connected client as a
placee
Allotees with consent under paragraph 1C(2) of the Placing Guidelines in relation to allocation to close
associates of existing Shareholders (Note 2)
Luxshare Precision
Limited (立訊精密
有限公司)
(“Luxshare
Precision”)
(Note 3)
1,731,800
9.02% 0.83% 0.83% A close associate of an
existing Shareholder
--- page 5 ---
5
Name
No. of
Offer
Shares
allocated
% of
Offer
Shares
% of total
issued H
Shares after
the Global
Offering
% of total
issued
Shares after
the Global
Offering Relationship
Shenzhen Longsys
Electronics Co.,
Ltd. (深圳市江波
龍電子股份有限公
司) (“Longsys”)
(Note 4)
1,038,500
5.41% 0.50% 0.50% A close associate of an
existing Shareholder
Shenzhen Qianhai
Huirui Investment
Management Co.,
Ltd. (深圳市前海匯
睿投資管理有限公
司) (“Shenzhen
Qianhai”) (Note 5)
548,700 2.86% 0.26% 0.26% A close associate of an
existing Shareholder
(as a GTHT Ultimate
Client) (Note 1)
Notes:
1. For details of the consents under paragraphs 1C(1) and 1C(2) of the Placing Guidelines in relation
to allocations to connected clients and close associates of existing Shareholder, please refer to the
section headed “Others/ Additional Information — Placing to Connected Clients (including those
who are close associate of existing Shareholder) with Prior Consents under Paragraph 1C(1) of the
Placing Guidelines” in this announcement.
2. The Stock Exchange has given a consent under paragraph 1C(2) of the Placing Guidelines to permit
Offer Shares to be placed to the above placee s who are close associate of certain existing
Shareholders. Please refer to the section heade d “Others/Additional Information Placing to close
associates of existing Shareholders as placees with a prior consent under paragraph 1C(2) of the
Placing Guidelines” in this announcement.
3. Luxshare Precision is a direct wholly-owned subsidiary of Luxshare Precision Industry Co., Ltd. (立
訊精密工業股份有限公司) (“Luxshare”). Luxshare is a company established in the PRC on May
24, 2004, the A Shares of which have been listed on the Shenzhen Stock Exchange (stock code:
002475). The controlling shareholder of Luxshare is Luxshare Limited (立訊有限公司), who held
as to approximately 37.49% of Luxshare, an existing Shareholder.
4. Longsys is a company established in the PRC on April 27, 1999, the A Shares of which have been
listed on the ChiNext of Shenzhen Stock Exchange (stock code: 301308). The controlling
shareholder of Longsys is CAI Huabo ( 蔡華波), the spouse of XU Zhiyan ( 徐志燕), an existing
Shareholder.
5. Shenzhen Qianhai is held as to 30% by Wang Daqi (王大琦), an existing Shareholder.
--- page 6 ---
6
LOCK-UP UNDERTAKINGS
Controlling Shareholders
Name
Number of
shares held
in the
Company
subject to
lock-up
undertakin
gs upon
listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject to
the lock-up
undertakings
Note 1
Li Bo / 李波 50,286,768 50,286,768 24.02% 24.00% May 26, 2027
Shenzhen Zhixin
Weilai Investment
Partnership (Limited
Partnership) / 深圳市
智信未來投資合夥企
業(有限合夥)
14,752,800 14,752,800 7.05% 7.04% May 26, 2027
Shenzhen Kaida
Yunzhi Investment
Partnership (Limited
Partnership) / 深圳市
凱達雲智投資合夥企
業(有限合夥)
1,000,000 1,000,000 0.48% 0.48% May 26, 2027
Shenzhen Huazhi
Changlian Internet
Technology Partnership
(Limited Partnership) /
深圳市華智暢聯互聯
網技術合夥企業
(有限合夥)
1,000,000 1,000,000 0.48% 0.48% May 26, 2027
Shenzhen Qihang No. 1
Investment Partnership
(Limited Partnership) /
深圳市啟航一號投資
合夥企業
(有限合夥)
(“Qihang No. 1”) Note 2
1,500,000 1,500,000 0.72% 0.72% May 26, 2027
--- page 7 ---
7
Shenzhen Qihang No. 2
Investment Partnership
(Limited Partnership) /
深圳市啟航二號投資
合夥企業
(有限合夥)
(“Qihang No. 2”) Note 2
1,150,000 1,150,000 0.55% 0.55% May 26, 2027
Subtotal 69,689,568 69,689,568 33.30% 32.37%
Notes:
1. The expiry date of the lock-up period shown in the table above is pursuant to the PRC Company
Law.
2. Each of Qihang No. 1 and Qihang No. 2 is also a Pre-IPO Investor.
--- page 8 ---
8
Pre-IPO Investors (as defined in the “History and Corporate Structure” section of the Prospectus)
Name
Number of
shares held in
the Company
subject to
lock-up
undertakings
upon listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject
the lock-up
undertakings
Note 1
Panorama Capital
Investment
Management Co.,
Ltd. Panorama
Capital Green
Technology
Manufacturing
Private Equity
Investment Fund
Partnership
(Limited
Partnership) /上海
國策投資管理有限
公司-上海國策綠
色科技製造私募投
資基金合夥企業
(有限合夥)
2,150,000 2,150,000 1.03% 1.03% May 26, 2027
Qihang No. 1 Note 2 1,500,000 1,500,000 0.72% 0.72% May 26, 2027
Qihang No. 2 Note 2 1,150,000 1,150,000 0.55% 0.55% May 26, 2027
Liu Minhua /
劉敏華
300,000 300,000 0.14% 0.14% May 26, 2027
Li Jingcheng /
李景程
270,000 270,000 0.13% 0.13% May 26, 2027
Wu Jun / 吳俊 100,000 100,000 0.05% 0.05% May 26, 2027
Subtotal 5,470,000 5,470,000 2.62% 2.62%
Notes:
1. The expiry date of the lock-up period shown in the table above is pursuant to the PRC Company
Law.
2. Each of Qihang No. 1 and Qihang No. 2 is also a Controlling Shareholder.
--- page 9 ---
9
Existing Shareholders (other than the Controlling Shareholders and the Pre-IPO Investors as defined in
the “History and Corporate Structure” section of the Prospectus)
Name
Number of
shares held in
the Company
subject to
lock-up
undertakings
upon listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject to the
lock-up
undertakings
Note 1
Shenzhen
Jingboyuan
Technology Co.,
Ltd. / 深圳市晶博
源科技有限公司
2,697,740 2,697,740 1.29% 1.29% May 26, 2027
Wang Houyong /
汪厚勇
2,594,024 2,594,024 1.24% 1.24% May 26, 2027
Shenzhen
Danguishun Asset
Management Co.,
Ltd. - Danguishun
No. 5 Private
Securities
Investment Fund /
深圳市丹桂順資
產管理有限公司
-丹桂順之實事
求是伍號私募證
券投資基金
2,400,000 2,400,000 1.15% 1.15% May 26, 2027
Zhang Guiqiang /
張桂強
2,178,000 2,178,000 1.04% 1.04% May 26, 2027
Wang Yi / 王逸 2,000,000 2,000,000 0.96% 0.95% May 26, 2027
Sichuan Tianyi
Comheart Telecom
Co., Ltd. / 四川
天邑康和通信
股份有限公司
2,000,000 2,000,000 0.96% 0.95% May 26, 2027
Zhang Lingjing /
張靈晶
1,800,000 1,800,000 0.86% 0.86% May 26, 2027
Li Han / 李晗 1,098,640 1,098,640 0.52% 0.52% May 26, 2027
Jiang Yanjun /
蔣豔君
635,200 635,200 0.30% 0.30% May 26, 2027
Shenzhen
Chuangzhan
Internet
Partnership
18,004,000 18,004,000 8.60% 8.59% May 26, 2027
--- page 10 ---
10
Name
Number of
shares held in
the Company
subject to
lock-up
undertakings
upon listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject to the
lock-up
undertakings
Note 1
(Limited
Partnership) / 深
圳市創展互聯網
合夥企業
(有限合夥)
Li Qingqing /
李青青
4,815,400 4,815,400 2.30% 2.30% May 26, 2027
Yang Jian / 楊健 600,000 600,000 0.29% 0.29% May 26, 2027
Yan Zhikang /
嚴志康
4,544,800 4,544,800 2.17% 2.17% May 26, 2027
Yan Lupeng /
晏侶鵬
1,510,500 1,510,500 0.72% 0.72% May 26, 2027
Zhou Dongdong /
周冬冬
502,400 502,400 0.24% 0.24% May 26, 2027
Shenzhen
Shuangyi
Electronic Co.,
Ltd. / 深圳市雙翼
電子有限公司
5,213,692 5,213,692 2.49% 2.49% May 26, 2027
Pang Zhengrong /
龐崢嶸
1,112,900 1,112,900 0.53% 0.53% May 26, 2027
Wei Jing / 魏晶 6,675,000 6,675,000 3.19% 3.19% May 26, 2027
Shenzhen Tencent
Venture Base
Development Co.,
Ltd. / 深圳市騰訊
創業基地發展有
限公司
6,000,000 6,000,000 2.87% 2.86% May 26, 2027
Luxshare Precision
Industry Co. Ltd. /
立訊精密工業股
份有限公司
4,000,000 4,000,000 1.91% 1.91% May 26, 2027
Zhu Yupei /
朱玉佩
2,175,640 2,175,640 1.04% 1.04% May 26, 2027
AVIC Trust Co.
Ltd. - AVIC Trust -
CICC Wealth
Family Trust No.
960,000 960,000 0.46% 0.46% May 26, 2027
--- page 11 ---
11
Name
Number of
shares held in
the Company
subject to
lock-up
undertakings
upon listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject to the
lock-up
undertakings
Note 1
[638] / 中航信託
股份有限公司-
中航信託·中金財
富【638】號家族
信託
Shenzhen Kaiying
No. 9 Venture
Capital Partnership
(Limited
Partnership) / 深
圳凱盈九號創業
投資合夥企業
(有限合夥)
3,000,000 3,000,000 1.43% 1.43% May 26, 2027
Shenzhen Kaiying
Tiancheng
Investment
Management
Partnership -
Shenzhen Kaiying
No. 10 Venture
Capital Partnership
/ 深圳凱盈天成投
資管理合夥企業
(有限合夥)-
深圳凱盈十號創
業投資合夥企業
(有限合夥)
1,880,000 1,880,000 0.90% 0.90% May 26, 2027
Shenzhen Kaiying
No. 8 Venture
Capital Partnership
(Limited
Partnership) / 深
圳凱盈八號創業
投資合夥企業
(有限合夥)
1,000,000 1,000,000 0.48% 0.48% May 26, 2027
Xie Liying /
謝麗穎
1,680,796 1,680,796 0.80% 0.80% May 26, 2027
Xie Lifeng / 1,660,000 1,660,000 0.79% 0.79% May 26, 2027
--- page 12 ---
12
Name
Number of
shares held in
the Company
subject to
lock-up
undertakings
upon listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon listing
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon listing
Last day
subject to the
lock-up
undertakings
Note 1
謝立峰
Century Securities
Co., Ltd. / 世紀證
券有限責任公司
3,000,000 3,000,000 1.43% 1.43% May 26, 2027
Other Shareholders
as of the Latest
Practicable Date /
截至最後可行日
期的其他股東
32,084,470 31,937,962 15.25% 15.31% May 26, 2027
Subtotal 117,823,202 117,676,694 56.21% 56.23%
Note:
1. The expiry date of the lock-up period shown in the table above is pursuant to the PRC Company
Law.
--- page 13 ---
13
PLACEE CONCENTRATION ANALYSIS
Placees*
Number of H
Shares allotted
Allotment as % of
International Offering
Allotment as % of total
Offer Shares
Number of
Shares held upon Listing
% of total issued share
capital upon Listing
Top 1 1,731,800 10.02% 9.02% 5,731,800 2.74%
Top 5 6,767,100 39.15% 35.23% 11,167,100 5.33%
Top 10 10,205,900 59.04% 53.14% 14,605,900 6.97%
Top 25 16,507,900 95.50% 85.95% 21,007,900 10.03%
Notes
* Ranking of placees is based on the number of H Shares allotted to the placees.
H SHAREHOLDERS CONCENTRATION ANALYSIS
H
Shareholders*
Number of H
Shares allotted
Allotment as % of
International Offering
Allotment as % of
total Offer Shares
Number of H Shares
held upon Listing
% of total issued H
Shares capital upon
Listing
Number of Shares
held upon Listing
Top 1 0 0.00% 0.00% 69,689,568 33.28% 69,689,568
Top 5 0 0.00% 0.00% 112,110,560 53.54% 112,110,560
Top 10 1,731,800 10.02% 9.02% 134,743,596 64.35% 134,743,596
Top 25 6,767,100 39.15% 35.23% 164,049,160 78.34% 164,049,160
Notes
* Ranking of H Shareholders is based on the number of H Shares held by the H Shareholders upon Listing.
SHAREHOLDER CONCENTRATION ANALYSIS
Shareholders*
Number of H
Shares allotted
Allotment as % of
International Offering
Allotment as % of
total Offer Shares
Number of H Shares
held upon Listing
Number of Shares
held upon Listing
% of total issued
share capital upon
Listing
Top 1 0 0.00% 0.00% 69,689,568 69,689,568 33.26%
Top 5 0 0.00% 0.00% 112,110,560 112,110,560 53.50%
Top 10 1,731,800 10.02% 9.02% 134,743,596 134,743,596 64.30%
Top 25 6,767,100 39.15% 35.23% 164,049,160 164,049,160 78.29%
--- page 14 ---
14
Notes
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by
the public will be conditionally allocated on the basis set out below:
NO. OF H SHARES
APPLIED FOR
NO. OF VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE ALLOTTED
OF THE TOTAL NO. OF H
SHARES APPLIED FOR
100 57,352 0 H Shares 2.00% 100 1,171 100 H Shares
200 9,684 0 H Shares 1.30% 200 259 100 H Shares
300 28,406 0 H Shares 1.01% 300 889 100 H Shares
400 3,594 0 H Shares 0.85% 400 126 100 H Shares
500 3,627 0 H Shares 0.74% 500 139 100 H Shares
600 1,860 0 H Shares 0.66% 600 77 100 H Shares
700 1,208 0 H Shares 0.60% 700 53 100 H Shares
800 1,153 0 H Shares 0.56% 800 54 100 H Shares
900 891 0 H Shares 0.51% 900 43 100 H Shares
1,000 7,081 0 H Shares 0.48% 1,000 356 100 H Shares
1,500 12,768 0 H Shares 0.37% 1,500 755 100 H Shares
2,000 2,544 0 H Shares 0.31% 2,000 169 100 H Shares
2,500 1,308 0 H Shares 0.27% 2,500 95 100 H Shares
3,000 2,721 0 H Shares 0.24% 3,000 213 100 H Shares
3,500 1,183 0 H Shares 0.22% 3,500 99 100 H Shares
4,000 894 0 H Shares 0.20% 4,000 79 100 H Shares
4,500 675 0 H Shares 0.19% 4,500 63 100 H Shares
5,000 1,803 0 H Shares 0.18%
--- page 15 ---
15
NO. OF H SHARES
APPLIED FOR
NO. OF VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE ALLOTTED
OF THE TOTAL NO. OF H
SHARES APPLIED FOR
5,000 174 100 H Shares
6,000 1,203 0 H Shares 0.16% 6,000 126 100 H Shares
7,000 846 0 H Shares 0.14% 7,000 94 100 H Shares
8,000 668 0 H Shares 0.13% 8,000 79 100 H Shares
9,000 588 0 H Shares 0.12% 9,000 73 100 H Shares
10,000 4,246 0 H Shares 0.11% 10,000 549 100 H Shares
20,000 2,692 0 H Shares 0.07% 20,000 471 100 H Shares
30,000 2,052 0 H Shares 0.06% 30,000 431 100 H Shares
40,000 1,382 0 H Shares 0.05% 40,000 332 100 H Shares
50,000 1,243 0 H Shares 0.04% 50,000 332 100 H Shares
60,000 850 0 H Shares 0.04% 60,000 248 100 H Shares
70,000 569 0 H Shares 0.03% 70,000 179 100 H Shares
80,000 472 0 H Shares 0.03% 80,000 159 100 H Shares
90,000 449 0 H Shares 0.03% 90,000 161 100 H Shares
100,000 4,126 0 H Shares 0.03% 100,000 1,556 100 H Shares
200,000 4,551 100 H Shares 0.05%
300,000 663 100 H Shares 0.04% 300,000 227 200 H Shares
400,000 244 100 H Shares 0.04% 400,000 220 200 H Shares
500,000 107 100 H Shares 0.03% 500,000 219 200 H Shares
600,000 40 100 H Shares 0.03% 600,000 226 200 H Shares
700,000 156 200 H Shares 0.03%
800,000 94 200 H Shares 0.03% 800,000 20 300 H Shares
960,400 406 200 H Shares 0.03% 960,400 281 300 H Shares
Total 177,196 1,920,800 H Shares
--- page 16 ---
16
As of the date of this announcement, the relevant subscription monie s previously deposited in the
designated nominee accounts have been remitted back to the accounts of all HKSCC participants.
Investors should contact their relevant brokers for any inquiries.
COMPLIANCE WITH LISTING RULES AND GUIDANCE
The Directors confirm that, except for the Listing Rules in respect of which consent has been obtained,
the Company has complied with the Listing Rules and guidance materials in relation to the placing,
allotment and listing of the Companys H Shares.
The Directors confirm that, to the best of their knowledge, the consideration paid by the placees or the
public (as the case may be) directly or indirectly for each Offer Share subscribed for or purchased by
them was the same as the final Offer Price in additional to any brokerage, AFRC transaction levy, SFC
transaction levy and trading fee payable.
OTHERS / ADDITIONAL INFORMATION
Placing to Connected Client (including those who are close associate of existing Shareholder)
with Prior Consents under Paragraph 1C(1) of the Placing Guidelines
The Company has applied to the Stock Exchange and the Stock Exchange has given a consent under
Paragraph 1C(1) of the Placing Guidelines to permit the company to allocate certain Offer Shares
under the International Offering to a connected cli ent (the “Connected Client ”) of a distributor,
Guotai Junan Securities (Hong Kong) Limited (the “Guotai Junan Securities” or the “ Connected
Distributor”) on the following basis:
(a) the Sole Overall Coordinator has confirmed that:
(i) the shares to be allocated to the Connected Client (i) will be held by the Connected
Client on a non-discretionary basis for Guotai Junan Investments, (ii) will be held by
Guotai Junan Investments on a non- discretionary basis for GTHTS, and (iii) will
ultimately be held by GTHTS on a non-discretionary basis for GTHT Ultimate Clients,
and each of the GTHT Ultimate Clients is an independent third party of the Company;
(ii) the full economic exposure will be passed to each of the GTHT Ultimate Clients;
(iii) to the best knowledge and belief of the Sole Overall Coordinator, the Sole Overall
Coordinator has no reason to believe that the Connected Client has received any
preferential treatment in the allocation of securities in the IPO as a placee by virtue of
its relationship with the Connected Distributor;
(iv) no preferential treatment has been, nor will be, given to the relevant existing
Shareholder or his close associates by virtue of their relationship with the Company in
any allocation in the placing tranche;
(v) details of the allocation will be disclosed in this announcement; and
(vi) the Connected Client neither is a collective investment scheme which is not authorised
by the SFC nor is holding the securities on behalf of such scheme;
--- page 17 ---
17
(b) the Company has confirmed that
(i) no preferential treatment has been, nor will be given to the Connected Client by virtue
of their relationship with the Connected Distributor and
(ii) no preferential treatment has been, nor will be given to the relevant existing
Shareholder or his close associates by virtue of their relationship with the Company in
any allocation of the Offer Shares in the International Offering;
(c) the Sole Sponsor has confirmed that:
(i) the relevant existing Shareholder or his close associates has less than 5% voting rights
in the Company before the offering;
(ii) the relevant existing Shareholder or his close associates is not a core connected person
or a close associate of the Company;
(iii) the relevant existing Shareholder or his close associates does not have the power to
appoint directors or any other special rights;
(iv) allocation to the relevant existing Shareholder or his close associates will not affect
the Companys ability to satisfy the public float requirement;
(v) to the best of the Sole Sponsors knowledge and belief, the Sole Sponsor has no reason
to believe that the relevant existing Shareholder or his close associates received any
preferential treatment in any allocation of the Offer Shares in the International
Offering as a placee by virtue of their relationship with the Company, and
(vi) details of the allocation will be disclosed in this announcement;
(d) the Connected Distributor has confirmed that no preferential treatment has been, nor will be
given to the Connected Client by virtue of their relationship with the Connected Distributor
in any allocation of the Offer Shares in the International Offering;
(e) the Connected Client has confirmed that:
(i) to the best of its knowledge and belief, it has not received and will not receive
preferential treatment in the International Offering allocation as a placee by virtue of
their relationship with the Connected Distributor;
(ii) it neither is a collective investment scheme which is not authorised by the SFC nor is
holding the securities on behalf of such scheme.
Such allocations of Offer Shares are in compliance with all the conditions under the consent granted
by the Stock Exchange.
--- page 18 ---
18
Details of the placement to the Connected Client are set out below:
Connected
Distributor
Connected
Client Relationship
The GTHT
Ultimate
Clients (as
defined in
Note 1)
Whether the
Connected
Client will
hold the
beneficial
interests of
the Offer
Shares on a
non
discretionary
basis or
discretionary
basis for
independent
third parties
Number
of Offer
Shares
allocated
to the
connected
client
Approximate
percentage
of Offer
Shares
allocated to
the
connected
client
Approximate
percentage
of total
issued
Shares after
the Global
Offering
Guotai
Junan
Securities
Guotai
Junan
Financial
Products
Guotai Junan
Financial
Products is a
member of the
same group of
the Guotai
Junan
Securities
Νοτε 1
Shenzhen
Qianhai and
Qingdao
Roadshow
Investment
Management
Co., Ltd. -
Reindeer
No.17
(青島鹿秀投
資管理有限公
司鹿秀馴鹿17
號私募證券投
資基金)
(“Reindeer
No.17”) Note 2
Non-
discretionary
basis
579,100
3.01% 0.28%
(1) Guotai Junan Financial Products shall hold the Offer Shares on a non- discretionary basis for hedging
purposes as the single underlying asset of a delta one back-to-back total return swap transaction (the “GTJA
Back-to-back TRS1 ”) to be entered into between Guotai Junan Financial Products and Guotai Junan
Investments, and Guotai Junan Investments shall for hedging purposes enter into a cross -border delta one
back-to-back total return swap transaction (the “GTJA Back-to-back TRS2”) with GTHTS, in connection
with a total return swap order ( the “GTHT Client TRS ”) to be entered into by GTHTS and the GTHT
ultimate clients (the “GTHT Ultimate Clients”). Such GTHT Client TRS is to be fully funded by the GTHT
Ultimate Clients. The full economic exposure of the Offer Shares will be passed from Guotai Junan
Financial Products to Guotai Junan Investments under the GTJA Back -to-back TRS1, from Guotai Junan
Investments to GTHT under the GTJA Back -to-back TRS2, and ultimately from GTHTS to the GTHT
Ultimate Clients under the GTHT Client TRS.
The GTHT Ultimate Clients may exercise an early termination right to early terminate the GTHT Client
TRS at any time from the trade date of the GTHT Client TRS, which should be on or after the date on
which the Offer Shares are listed on the Stock Exchange. Accordingly, (i) GTHTS may exercise an early
termination right to early terminate the GTJA Back-to-back TRS2 at any time from the trade date of the
GTJA Back-to-back TRS2, and (ii) Guotai Junan Investments may exercise an early termination right to
early terminate the GTJA Back-to-back TRS1 at any time from the trade date of the GTJA Back-to-back
TRS1, which, in each case, should be on or after the date on which the Offer Shares are listed on the
Stock Exchange. Upon the final maturity or early termination of (i) the GTHT Client TRS by the GTHT
Ultimate Clients, (ii) the GTJA Back-to-back TRS2 by GTHTS, and (iii) the GTJA Back-to-back TRS1
by Guotai Junan Investments, Guotai Junan Financial Products will dispose the Offer Shares on the
--- page 19 ---
19
secondary market and the GTHT Ultimate Clients ultimately will receive a final termination amount of
the GTHT Client TRS, which should have taken into account all the economic returns or economic loss
in relation to the Offer Shares, the fixed amount in relation to the GTJA Back-to-back TRS1, the GTJA
Back-to-back TRS2 and the GTHT Client TRS.
Guotai Junan Financial Products will hold the legal title and the voting right of the Offer Shares by itself
and pass through the economic exposure to Guotai Junan Investments, GTHTS and ultimately the GTHT
Ultimate Clients. Due to its internal policy, Guotai Junan Financial Products will not exercise the voting
right of the Offer Shares during the tenor of the GTJA Back-to-back TRS1 and the GTJA Back-to-back
TRS2.
The details of the GTHT Ultimate Clients are as follows:
Name of GTHT
Ultimate Clients
Ultimate Beneficial Owner holding 30% or more interest
in the GTHT Ultimate Clients
Shenzhen Qianhai Shenzhen Qianhai is held as to 70% and 30% by Li Wei-hua (李
偉華) and Wang Daqi (王大琦), respectively. Wang Daqi is an
existing Shareholder.
Reindeer No.17 Reindeer No.17 is a limited partnership established in the PRC,
the general partner of which is He Xiaomin ( 何小敏 ), who
owned 54.73% interests of Reindeer No.17 . Save for He
Xiaomin (何小敏), no other limited partners owned more than
30% of Reindeer No. 17.
Placing to close associates of existing Shareholders as placees with a prior consent under
paragraph 1C(2) of the Placing Guidelines
The Company has applied to the Stock Exchange and the Stock Exchange has given a consent under
Paragraph 1C(2) of the Placing Guidelines to permit the C ompany to allocate certain Offer Shares
under the International Offering to the close associates of certain existing Shareholders , subject to
the fulfilment of the Existing Shareholders Conditions (as defined in paragraph 14 of Chapter 4.15
of the Guide for New Listing Applicant). Such allocations of Offer Shares are in compliance with all
the conditions under the consent given by the Stock Exchange.
--- page 20 ---
20
Details of the placement to the close associates of certain existing Shareholders are set out below:
Name of the
close
associates
Relationship
with the
existing
Shareholders
Ultimate
Beneficial
Owner
holding 30%
or more
interest in
the close
associates
Number of
Offer
Shares
allocated
to the
close
associates
Approximate
percentage of
Offer Shares
allocated to the
close associates
Number of
Shares held
by the
existing
Shareholders
and/or its
close
associates
after the
Global
Offering
Approximate
percentage of
total issued
Shares after
the Global
Offering
Luxshare
Precision
Limited (立訊
精密有限公
司)
(“Luxshare
Precision”)
Luxshare
Precision is a
direct wholly-
owned
subsidiary of
Luxshare, an
existing
Shareholder.
Luxshare is a
company
established in
the PRC on
May 24,
2004, the A
Shares of
which have
been listed on
the Shenzhen
Stock
Exchange
(stock code:
002475).
To the best of
the Directors
knowledge,
Luxshare
Limited (立訊
有限公司)
held as to
approximately
37.49% of
Luxshare. a
company
owned as to
50% by Wang
Laisheng (王
來勝) and
50% by Wang
Laichun (王
來春) and
save for
Luxshare
Limited, no
other
shareholders
of Luxshare
holds 30% or
more of its
shareholding
interests.
1,731,800
9.02% 5,731,800
2.74%
--- page 21 ---
21
Name of the
close
associates
Relationship
with the
existing
Shareholders
Ultimate
Beneficial
Owner
holding 30%
or more
interest in
the close
associates
Number of
Offer
Shares
allocated
to the
close
associates
Approximate
percentage of
Offer Shares
allocated to the
close associates
Number of
Shares held
by the
existing
Shareholders
and/or its
close
associates
after the
Global
Offering
Approximate
percentage of
total issued
Shares after
the Global
Offering
Shenzhen
Longsys
Electronics
Co., Ltd. (深
圳市江波龍
電子股份有
限公司)
(“Longsys”)
The
controlling
shareholder of
Longsys, CAI
Huabo (蔡華
波), is the
spouse of XU
Zhiyan (徐志
燕), an
existing
Shareholder.
Longsys is a
company
established in
the PRC on
April 27,
1999, the A
Shares of
which have
been listed on
the ChiNext
of Shenzhen
Stock
Exchange
(stock code:
301308).
To the best of
the Directors
knowledge,
CAI Huabo
held as to
approximately
38.67% of
Longsys and
save for CAI
Huabo, no
other
shareholders
of Longsys
holds 30% or
more of its
shareholding
interests.
1,038,500
5.41% 1,438,500
0.69%
--- page 22 ---
22
Reference is made to the section headed “Others/Additional Information — Placing to Connected
Client (including those who are close associate of existing Shareholder) with Prior Consents under
Paragraph 1C(1) of the Placing Guidelines” in this announcement. Shenzhen Qianhai, a GTHT
Ultimate Client, is a close associate of an existing Shareholder. Details are set out below:
Name of the
GTHT
Ultimate
Client
Relationship with
the existing
Shareholders
Ultimate
Beneficial
Owner
holding 30%
or more
interest in
the GTHT
Ultimate
Client
Number
of Offer
Shares
allocated
to the
GTHT
Ultimate
Client
Approximate
percentage
of Offer
Shares
allocated to
the GTHT
Ultimate
Client
Number of
Shares held
by the
GTHT
Ultimate
Client
and/or its
close
associates
after the
Global
Offering
Approximate
percentage
of total
issued
Shares after
the Global
Offering
Shenzhen
Qianhai Huirui
Investment
Management
Co., Ltd. (深圳
市前海汇睿
投资管理
有限公司)
(“Shenzhen
Qianhai”)
Shenzhen Qianhai is
held as to 70% and
30% by Li Wei-hua
(李伟华) and Wang
Daqi (王大琦) (an
existing Shareholder),
respectively.
Shenzhen
Qianhai is held
as to 70% and
30% by Li
Wei-hua (李伟
华) and Wang
Daqi (王大
琦),
respectively.
548,700
2.86% 648,700
0.31%
Others
Under the International Offering, certain Offer Shares were placed to Ju Yuen (Hong Kong)
International Limited ( 巨源(香港)國際有限公司 ), a wholly -owned subsidiary of Zhuhai Jinpin
Chuangye Share Platform Technology Co., Ltd. (珠海市金品創業共享平台科技有限公司 ), a
former Shareholder.
--- page 23 ---
23
DISCLAIMERS
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock
Exchange”) and Hong Kong Securities Clearing Company Limited (“HKSCC”) take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from
or in reliance upon the whole or any part of the contents of this announcement.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the
United States (including its territories and possessions, any state of the United States and the District
of Columbia). This announcement does not constitute or form a part of any offer or solicitation to
purchase or subscribe for securities in the United States. The securities mentioned herein hav e not
been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S.
Securities Act”). The securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirement s of the U.S. Securities Act and in compliance with any
applicable state securities laws, or outside the United States unless in compliance with Regulation S
under the U.S. Securities Act. There will be no public offer of securities in the United States.
The Offer Shares are being offered and sold outside the United States in offshore transactions in reliance
on Regulation S under the U.S. Securities Act.
This announcement is for information purposes only and does not constitute an invitation or offer to
acquire, purchase or subscribe for securities. This announcement is not a prospectus. Potential
investors should read the Prospectus dated May 18, 2026 issued by Shenzhen SDMC Technology Co.,
Ltd. for detailed information about the Global Offering described below before deciding whether or
not to invest in the Shares thereby being offered.
*Potential investors of the Offer Shares should note that the Sole Overall Coordinator (for itself and
on behalf of the Hong Kong Underwriters) shall be entitled to terminate their obligations under the
Hong Kong Underwriting Agreement with immediate effect upon the occurrence of any of the events
set out in the paragraph headed “Underwriting Underwriting Arrangements and Expenses Hong
Kong Public Offering Hong Kong Underwriting Agreement Grounds for Termination ” in the
Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently
expected to be on May 27, 2026).
--- page 24 ---
24
PUBLIC FLOAT AND FREE FLOAT
Immediately following the completion of the Global Offering, the total number of the H
Shares held by the public represents approximately 52.37% of the total issued share capital of
the Company. Under Rule 19A.13A(1) of the Listing Rules, in the event the expected market
value of the Companys H Shares upon Listing does not exceed HK $6 billion, at least 25%
of the total issued H Shares must be held by the public upon Listing, and the Companys
expected public float of 52.37% will satisfy the minimum requirement of 25%. Should the
expected market value exceeds HK $6.00 billion but not exceeding HK $30.00 billion, the
minimum public float requirement is the higher of (i) 15% of the total issued H Shares and (ii)
such percentage of the total issued H Shares as would result in the expected market value of
the H Shares held by the public being at least HK$1.50 billion upon Listing; in this scenario,
the Companys expected public float of 52.37% exceeds the 15% threshold, and the market
value of such H Shares held by the public would also exceed the HK$1.50 billion requirement
(e.g., approximately HK$3.60 billion based on the Offer Price of HK$32.8 per Offer Share).
Therefore, the Company will be able to meet the minimum public float requirement Rule
8.08 (as amended and replaced by Rule 19A.13A) of the Listing Rules upon Listing in either
scenario.
Based on an Offer Price of HK $32.80 per H Share, the Company will satisfy the free float
requirement under Rule 19A.13C of the Listing Rules.
The Directors confirm that, immediately following the completion of the Global Offering, (i)
no placee will, individually, be placed more than 10% of the enlarged issued share capital of
the Company immediately after the Global Offering; (ii) there will not be any new substantial
Shareholder immediately after the Global Offering; (iii) the three largest public shareholders
of the Company do not hold more than 50% of the shares in public hands at the time of the
Listing in compliance with Rules 8.08(3) and 8.24 of the Listing Rules; and (iv) there will
be at least 300 Shareholders at the time of the Listing in compliance with Rule 8.08(2) of the
Listing Rules.
COMMENCEMENT OF DEALINGS
The H Share certificates will only become valid evidence of title at 8:00 a.m. on Wednesday,
May 27, 2026 (Hong Kong time), provided that the Global Offering has become unconditional
and the right of termination described in the section headed “Underwriting Underwriting
Arrangements and Expenses Hong Kong Public Offering Grounds for Termination” in the
Prospectus has not been exercised. Investors who trade the H Shares on the basis of publicly
available allocation details prior to the receipt of H Share certificates or prior to the H Share
certificates becoming valid evidence of title do so entirely at their own risk.
Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. on
Wednesday, May 27, 2026 (Hong Kong time), it is expected that dealings in the H Shares on
the Stock Exchange will commence at 9:00 a.m. on Wednesday, May 27, 2026 (Hong Kong
time). The H Shares will be traded in board lots of 100 H Shares each, and the stock code of
the H Shares will be 00901.
By order of the Board
Shenzhen SDMC Technology Co., Ltd.
ʮ̡
Mr. Li Bo
Chairman and Executive Director
Hong Kong, May 26, 2026
As at the date of this announcement, the Board comprises: (i) Mr. Li Bo, Mr. Yan Zhikang, Mr.
Li Jun and Ms. Dang Hui as executive directors; and (ii) Ms. Luk Pui Yin, Mr. Yin Renyong
and Dr. Zheng Qian as independent non-executive directors.