DKE Holding Company Limited (01770.HK): IPO Subscription Opens Today; Entry Fee Approximately HK$5,106.5

NewTimeSpace News: Zhejiang DKE Electronics Co., Ltd. (01770.HK) opens its public IPO subscription on 29 June 2026, and its listing is scheduled for 8 July 2026.

According to the prospectus, the indicative offer price ranges from HK$78.64 to HK$101.11 per share. Each board lot contains 50 shares, with an entry fee of roughly HK$5,106.5. The total number of Global Offer Shares is about 5.11 million, of which approximately 510,000 shares are reserved for the Hong Kong Public Offering.

Assuming the Offer Price is fixed at HK$89.88 per Offer Share (the midpoint of the indicative offer price range) and the Over-allotment Option is not exercised, the Company estimates that the net proceeds receivable from the Global Offering will be around HK$410.6 million. In line with its corporate development strategy, the Company intends to allocate the net proceeds from the Global Offering as follows: approximately 65.0% will serve as one of the funding sources to optimize production capacity layout and carry out intelligent upgrading of production bases; around 25.0% will be deployed to boost the Company’s R&D and technological capabilities to enrich its product portfolio; the remaining roughly 10.0% will be applied to working capital and general corporate purposes.