Dajin Heavy Falls 7% on Listing Day, Public Offer Oversubscribed by 134 Times

NewTimeSpace News: Dajin Heavy Industry Co., Limited (01081.HK) officially listed on HKEX Main Board on June 5, 2026. As of press time, shares stood at HK$61.75, falling HK$4.65 or 7.00% against the final offer price of HK$66.4 per share.

The IPO was priced at HK$66.4 apiece for a total offering of 100 million shares, with each board lot containing 100 shares. The public offer was oversubscribed by 134.39 times; around 8.6966 million shares were allocated to public investors, accounting for approximately 8.7% of total offered shares. The issuer received roughly 122,600 valid applications, and applicants for one lot secured an allotment rate of about 3%. Meanwhile, the international placement recorded 10.68 times oversubscription, with around 91.314 million shares allocated to international investors, representing 91.3% of total offer shares.

As a world-leading supplier of core offshore wind power equipment with nearly two decades of industry experience, Dajin delivers one-stop “fabrication + shipping + delivery” solutions for offshore wind foundations to major global offshore wind developers. Ranked No.1 in Europe by monopile sales value in H1 2025 among offshore wind foundation manufacturers.