Qiyunshan Food (02797.HK): IPO Subscription Opens Today, Entry Fee About HK$4,040.35, Listing Expected on 9 July
NewTimeSpace News: Jiangxi Qiyunshan Food Co., Ltd. (02797.HK) launches its public offering subscription on 30 June, with each board lot consisting of 500 shares and an entry fee of approximately HK$4,040.35. The indicative offer price range stands between HK$5 and HK$8, and the Company plans a global offering of roughly 25 million shares, with listing scheduled for 9 July. According to data from CIC (China Insights Consultancy), the Company captured a 29.0% market share in China’s hog plum food market by retail sales value in 2025, ranking first in the industry.
NewTimeSpace News: Jiangxi Qiyunshan Food Co., Ltd. (02797.HK) opens public IPO subscription on 30 June 2026, and its official listing on HKEX is expected on 9 July 2026.
The Company is a fruit snack enterprise in China mainly engaged in the sale of hog plum food products. Per research from CIC, measured by retail sales value, the Company held a 29.0% share of China’s hog plum food market in 2025, topping the industry. The Company rolled out its first hog plum cake product in 1992, and its product portfolio has expanded to four other hog plum snack varieties plus other fruit and vegetable cakes.
As disclosed in the prospectus, the indicative offer price range is HK$5 to HK$8 per share, with each board lot containing 500 shares and an entry fee of around HK$4,040.35. A total of approximately 25 million Global Offer Shares will be issued, including about 2.5 million Hong Kong Offer Shares. The estimated total fundraising size reaches HK$130 million, calculated based on the median offer price of HK$6.5.
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