LONGSYS (09976.HK): Public offering closed today, total margin financing of HKD 17.047 billion recorded

NewTimeSpace News: On 3 September 2026, Shenzhen Longsys Electronics Co., Ltd. (stock code: 09976) closed its public offering, with the offering period having run from 31 August to 3 September 2026. As of 12:00 noon on 3 September, total margin financing amounted to HKD 17.047 billion, the public offering size was HKD 627 million, and the actual margin financing multiple was 27.16 times.

In respect of offering details, the Company made a global offering of an aggregate of 26,077,800 shares (comprising 2,607,800 shares under the public offering, representing 10%, and 23,470,000 shares under the international placing, representing 90%), with a maximum offer price of HKD 240.60 per share and each board lot comprising 50 shares, implying an application fee of approximately HKD 12,151.32. Pricing is scheduled for 7 September 2026, with listing expected on 8 September 2026.

In respect of cornerstone investors, a total of 15 cornerstone investors were introduced for the global offering, with an aggregate subscription of approximately 4,926,050 shares; assuming the offer price adjustment option is not exercised, the cornerstone subscription accounts for approximately 18.89% of the total number of offer shares and approximately 1.08% of the issued shares.

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