NewTimeSpace News: Lead Intelligent Equipment (00470.HK) concluded its public subscription at noon on February 6. According to market data, the public offering tranche received enthusiastic subscription from investors. As of press time, the cumulative margin financing amounted to approximately HK$21.833 billion, with the public offering fund size at HK$429 million, representing an oversubscription multiple of approximately 49.92 times.

The Company plans to globally offer 93,610,000 shares in this IPO, of which 9,360,000 shares are allocated to the public offering tranche. The upper limit of the offer price range is HK$45.80 per share, with 100 shares per board lot and an indicative entry fee of approximately HK$4,626.19. Based on the maximum offer price, the total gross proceeds from the global offering are expected to be approximately HK$4.1661 billion. The Company’s shares are expected to commence trading on the Main Board of the Stock Exchange of Hong Kong Limited on February 11, 2026 .

According to the Company’s information and the Frost & Sullivan report, Lead Intelligent Equipment is a smart equipment enterprise primarily providing intelligent equipment and solutions for the new energy, 3C, and intelligent logistics sectors. Based on 2024 revenue, the Company is the world’s second-largest new energy smart equipment supplier. It is also the world’s largest and China’s largest lithium battery smart equipment supplier, with a global market share of 15.5% and a domestic market share of 19.0%. The Company stated that its smart equipment is equipped with industrial control software, aiming to assist customers in transforming into highly automated, lights-out factories.

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