RELYEZ ENERGY (09621.HK): Offer Closed; HK$41.45bn Margin, 648.9x Covered

NewTimeSpace News: On 4 November 2026, the public offer of RelyEZ Energy Storage Technology Co., Ltd. (RELYEZ ENERGY, stock code: 09621) closed at 12:00 noon. As at 11:16 a.m., 10 brokers had provided about HK$41.45 billion in margin financing, equal to about 648.90 times the roughly HK$63.87 million public offer size.

The global offering comprises 57,540,500 H shares, of which 5,754,500 H shares are under the public tranche and 51,786,000 H shares under the international placing, or 10% and 90% respectively. The offer price ranges from HK$8.54 to HK$11.10 per share, with a board lot of 500 shares and an entry fee of HK$5,605.97, implying gross proceeds of about HK$491 million to HK$639 million and net proceeds of about HK$504 million. CMBI is the sole sponsor; the allotment results are expected on 6 November and listing on 9 November.