Delton Technology (Guangzhou) Inc. Sets Offer Price for H Share Listing, Announces Key Dates

Delton Technology (Guangzhou) Inc. has made a significant announcement concerning its anticipated listing on the Main Board of the Stock Exchange of Hong Kong. The company has finalized the offer price for its H Shares, providing critical details for prospective investors and current stakeholders.

Key Points of the Announcement

• Offer Price Determined: The offer price for Delton Technology’s H Shares has been set at HK\$71.88 per H Share. This price is exclusive of additional charges, including a brokerage fee of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.00565%, and AFRC transaction levy of 0.00015%.
• Listing Timeline: The company expects to begin trading its H Shares on the Main Board at 9:00 a.m. on Friday, March 20, 2026. Dealings are contingent on the Global Offering becoming unconditional by 8:00 a.m. on the same day.
• Stock Code and Board Lot Size: Delton Technology’s H Shares will trade under the stock code 1989, with trades conducted in board lots of 100 H Shares each.
• Results Announcement: Information about the level of international investor interest, public offering applications, allocation basis, and allocation results will be published on Thursday, March 19, 2026, as detailed in the prospectus.
• Important Regulatory and Legal Information: The offering is being conducted in accordance with Regulation S under the U.S. Securities Act, and there will be no public offer of securities in the United States. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933.
• Termination Rights: The Sponsor-Overall Coordinators and Underwriters retain the right to terminate their obligations under specific circumstances prior to 8:00 a.m. on the listing date. Prospective investors should refer to the “Underwriting Arrangements and Expenses” section of the prospectus for details on termination grounds.
• Board Composition: The current board consists of Chairman Mr. Xiao Hongxing, executive directors Ms. Zeng Hong and Mr. Peng Jinghui, non-executive director Ms. Liu Jinchan, and independent non-executive directors Ms. Chen Limei, Ms. Li Ying, and Dr. Shi Ling.

Strategic Implications and Shareholder Considerations

• Price Sensitivity: The established offer price of HK\$71.88 per H Share sets a benchmark for the company’s initial valuation in the Hong Kong market. Any changes in demand or market sentiment during the public offering and allocation process could influence the opening price and subsequent trading performance.
• Key Dates Could Drive Volatility: Investors should pay close attention to March 19 and March 20, as publication of allocation results and commencement of trading may lead to heightened market activity and price movement.
• Risk Factors: The underwriters’ right to terminate the offering under certain circumstances introduces potential risk for investors. Any unexpected termination or delay could significantly affect share prices and overall market confidence.
• Legal Risks for U.S. Investors: As the offer is not registered in the United States, U.S. investors must be cautious and ensure compliance with applicable laws before considering any participation.

Next Steps for Investors

• Review the full Prospectus dated March 12, 2026 for comprehensive details on the Global Offering, risk factors, and company fundamentals before making any investment decision.
• Monitor official announcements on March 19, 2026, for allocation results and on March 20, 2026, for the commencement of trading.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or an offer to purchase or subscribe for securities. Investors should refer to the official prospectus and seek professional advice before making any investment decisions. The author and publisher make no representations or warranties regarding the accuracy or completeness of the information provided, and accept no liability for any losses incurred as a result of reliance on this article.

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