INGENIC SEMICONDUCTOR (03223.HK): launches global offering of H-shares at maximum offer price of HK$102.80 per share, with 11 cornerstone investors subscribing approximately USD 192 million

NewTimeSpace News: On 17 August 2026, Ingenic Semiconductor Co., Ltd. (stock code: 03223) launched the global offering of its H-shares. The Company proposes to offer 31,287,300 H-shares in the global offering (subject to the exercise of the over-allotment option), comprising a Hong Kong public offering of 3,128,800 H-shares (approximately 10% of the initial offer shares) and an international offering of 28,158,500 H-shares (approximately 90%). The maximum offer price is HK$102.80 per H-share.

The Company also disclosed the subscription details of the cornerstone investors. Based on the maximum offer price of HK$102.80 per share, eleven cornerstone investors have subscribed for an aggregate of approximately USD 191.65 million, equivalent to approximately 14,624,500 H-shares, representing 46.74% of the offer shares and approximately 2.84% of the Company's issued share capital; if the over-allotment option is exercised in full, the corresponding ratios would be 40.65% and 2.81%. The largest subscriber is Emerald Prime at USD 60 million, followed by GF Fund (USD 30 million), Xinjiapo Huali and ICBC Wealth Management (each USD 15 million), Arrow Target (USD 13 million), Huitianfu (Hong Kong) and Singularity Asset (each USD 12 million), Shanghai Gaoyi and Huatai Capital Investment and Heading Pioneer 10 Fund LPF (each USD 10 million), Perseverance Asset Management (USD 9.65 million) and Dream'ee HK Fund (USD 5 million).

The Hong Kong public offering commenced at 9:00 a.m. on 17 August 2026 and the closing time for application registrations is 12:00 noon on 20 August 2026. The expected price determination date is 21 August 2026, with the final offer price, level of indications of interest in the international offering and the basis of allotment of the Hong Kong public offering expected to be announced no later than 11:00 p.m. on 24 August 2026. Assuming the Hong Kong public offering becomes unconditional at or before 8:00 a.m. on 25 August 2026, the H-shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on 25 August 2026 under stock code 3223 in board lots of 100 H-shares each.

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