ROBOTECHNIK (03757.HK): Offer Opens Today at Up to HK$436 per Share
- The Hong Kong Public Offering initially comprises 1,187,600 H Shares (about 10.0%) and the International Offering 10,688,400 H Shares (about 90.0%); the Offer Size Adjustment Option and the Over-allotment Option each cover up to 1,781,400 additional Shares (15.0% each).
- Based on the maximum Offer Price, cornerstone investors will subscribe for 4,179,950 H Shares, representing about 35.20% of the Offer Shares and about 2.33% of the issued share capital; the 17 investors include Temasek (US$45.0 million), Sheng Tian Industrial (US$40.0 million) and Ivy Capital (US$30.0 million).
- Estimated net proceeds of about HK$4,961.3 million are earmarked for capacity expansion and delivery speed (about 40.0%), product and technology R&D (about 20.0%) and strategic investments and acquisitions (about 20.0%).
NewTimeSpace News: On 21 September 2026, RoboTechnik Intelligent Technology Co., Ltd. (03757.HK; A-share code 300757.SZ) commenced its Hong Kong public offering of 11,876,000 H Shares (subject to the Offer Size Adjustment Option and the Over-allotment Option) at a maximum offer price of HK$436.00 per H Share, plus brokerage of 1.0%, an SFC transaction levy of 0.0027%, a Stock Exchange trading fee of 0.00565% and an AFRC transaction levy of 0.00015%.
The Hong Kong Public Offering initially comprises 1,187,600 H Shares, representing approximately 10.0% of the total Offer Shares initially available under the Global Offering, while the International Offering initially comprises 10,688,400 H Shares, representing approximately 90.0%. The Company has entered into cornerstone investment agreements with 17 cornerstone investors, who have agreed to subscribe, at the Offer Price, for Offer Shares in an aggregate amount of approximately US$232.4 million (approximately HK$1,822.6 million, based on the exchange rate of US$1.00 to HK$7.8421). Based on the maximum Offer Price of HK$436.00, they will subscribe for 4,179,950 H Shares, representing approximately 35.20% of the Offer Shares and approximately 2.33% of the issued share capital.
Based on the maximum Offer Price, after deducting underwriting commissions and other estimated expenses, the Company estimates net proceeds from the Global Offering of approximately HK$4,961.3 million. About 20.0% (HK$992.3 million) will be used to strengthen product and technology R&D and innovation, about 40.0% (HK$1,984.5 million) to expand production capacity and improve delivery speed, about 10.0% (HK$496.1 million) to build a global sales and service network, about 20.0% (HK$992.3 million) for strategic investments and/or acquisitions, and about 10.0% (HK$496.1 million) for working capital and general corporate purposes.
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