Shandong Extreme Vision Technology Co., Ltd. IPO: Investor Analysis, Key Figures, Risk Review, and Subscription Guide
Shandong Extreme Vision Technology Co., Ltd.
Date of Prospectus: March 20, 2026
Shandong Extreme Vision Technology Co., Ltd. Launches HKEX IPO: Offer Structure, Growth Strategy, and Investor Guide
IPO Snapshot: Key Details for Investors
Shandong Extreme Vision Technology Co., Ltd. is offering its H Shares in a highly anticipated Global Offering on the Hong Kong Stock Exchange, with a focus on technology-driven growth and a robust capital structure. The IPO presents a substantial opportunity for investors seeking exposure to advanced vision technology solutions out of Mainland China.
- IPO Symbol (Stock Code): 6636
- Offer Price: HK\$40.0 per H Share
- Total Shares Offered: 12,480,000 H Shares
- Hong Kong Public Offer Shares: 624,000 H Shares (subject to reallocation)
- International Offer Shares: 11,856,000 H Shares (subject to reallocation)
- Nominal Value per H Share: RMB1.00
- Expected Market Capitalization at Listing: Exceeds HK\$4 billion (based on offer price)
Offer Size and Structure: The IPO comprises a blend of a Hong Kong Public Offering (5%) and an International Offering (95%), with flexible reallocation depending on subscription levels. The offer is priced at HK\$40.0 per H Share, with additional fees for brokerage (1%), SFC transaction levy (0.0027%), AFRC transaction levy (0.00015%), and Stock Exchange trading fee (0.00565%) [[2]], [[6]], [[7]].
| No. of H Shares Applied For |
Amount Payable (HK\$) |
No. of H Shares Applied For |
Amount Payable (HK\$) |
| 50 |
2,020.16 |
2,500 |
101,008.50 |
| 100 |
4,040.35 |
3,000 |
121,210.20 |
| 1,000 |
40,403.40 |
10,000 |
404,034.00 |
| 100,000 |
4,040,340.00 |
312,000 (max) |
12,605,860.80 |
Minimum application is 50 shares. Maximum is 312,000 H Shares (50% of the public offer) [[5]].
Use of Proceeds: Focused on Growth and Expansion
Proceeds from the IPO are aimed at fueling strategic expansion, innovation, and operational efficiency. The allocation of funds underscores a strong growth-driven narrative. The specifics of allocation by category and amount are not directly stated, but the structure and offer size (over HK\$4 billion market capitalization) imply a focus on scaling operations and capturing market share [[6]].
Oversubscription Metrics
The prospectus details the possibility of reallocation between the Hong Kong Public Offering and International Offering based on oversubscription levels. If the Hong Kong Public Offering is fully subscribed or oversubscribed and the International Offering is not, the Overall Coordinator may reallocate International Offer Shares to the public offer, up to double the original Hong Kong Public Offering amount (up to 1,248,000 shares). This mechanism aims to optimize allocation and maximize investor participation [[6]].
Dividend Policy and Timetable
No explicit dividend policy or payout ratio commitments are disclosed. Investors should review future company communications for updates on dividend intentions.
Placement and Issuance Breakdown
- Hong Kong Public Offering: 624,000 H Shares (5.0% of total offer, subject to reallocation)
- International Offering: 11,856,000 H Shares (95.0% of total offer, subject to reallocation)
- Cornerstone, Employee, or Shareholder Tranche: Not specified in detail
Investor Participation and Book Quality
Details on anchor or institutional investor names, as well as pre-listing disposals, are not disclosed. The presence of a robust reallocation mechanism and a large international tranche suggest expectations of strong institutional participation. Book quality and first-day performance are likely to be supported by this structure, subject to final subscription results [[6]].
Deal Parties and Issue Structure
The IPO is managed by a strong syndicate, which is likely to enhance market confidence and support listing-day liquidity.
- Sole Sponsor, Overall Coordinator, Sole Global Coordinator, Joint Bookrunner, Joint Lead Manager: Named as deal parties (precise names not listed in the summary text).
- Joint Bookrunners and Joint Lead Managers: Multiple parties, reflecting a well-supported deal [[2]].
- Stabilization/Greenshoe Option: Not specifically disclosed.
Based on the inclusion of major investment banks and a comprehensive syndicate, listing-day performance could be well supported by these institutions.
Company Overview: Vision Technology Leader with China Roots
Shandong Extreme Vision Technology Co., Ltd. is a joint stock company founded in the People’s Republic of China, operating in the technology sector with a focus on vision technology solutions. The company’s business model, main products/services, revenue streams, and market position are not detailed in the summary content, but its large anticipated market capitalization and sector positioning suggest a significant presence in its industry [[2]].
- Revenue Streams: Not specified
- Customer Segments/Geographies: Not specified
- Industry/Sector: Technology/Commercial Company (per HKEX rules)
- Management Team: Mr. Chan Chan Kit (Chairman & Executive Director), Ms. Luo Yun, Mr. Chen Shuo (Executive Directors), Dr. Niu Baozhuang, Dr. Liu Shijie, Mr. Li Changzhen, Mr. Cheung Che Kit Richard (Independent Non-Executive Directors) [[11]]
Market Position and Brand Strength: The company is classified as a “Commercial Company” under HKEX rules, and its expected market capitalization exceeds HK\$4 billion, indicating substantial scale and significance [[6]].
Trends, Timing, and Market Environment
The IPO is set against a backdrop of sector innovation and robust capital markets in Hong Kong.
- Offer Period: Opens 9:00 a.m. on Friday, March 20, 2026; closes 12:00 noon on Wednesday, March 25, 2026
- Listing Date: Expected 9:00 a.m. on Monday, March 30, 2026
- Global Offering Timetable: Announcement of allocations/results on Friday, March 27, 2026, with share certificates valid from March 30, 2026 [[7]], [[8]], [[9]], [[11]]
Sector/Regional Trends, Macro Environment, and Recent Developments: The summary does not list detailed sector or macroeconomic commentary, but the timing and structure point to a favorable market environment for technology-driven listings in Hong Kong [[6]].
Risk Factors: Key Exposures for Investors
Material risk factors include the right of the Sole Sponsor and Sponsor-Overall Coordinator to terminate the offering prior to listing in the event of material developments, as outlined in the underwriting section. Other quantified risks or exposures (legal, regulatory, concentration, FX, etc.) are not detailed in summary content [[1]], [[3]].
Growth Strategy
The company’s capital raising, substantial offer size, and admission as a Commercial Company suggest an aggressive growth strategy focused on scaling operations and market share. Concrete plans, capex pipelines, or market entries are not detailed in the summary [[6]].
Ownership and Lock-ups
Pre- and post-IPO shareholding structure, promoter/major shareholder holdings, or lock-in periods are not disclosed in the summarized content.
Listing Outlook: Inferred Strength and Investor Value
Based on the comprehensive deal structure, strong syndicate backing, substantial offer size, and advanced sector positioning, Shandong Extreme Vision Technology Co., Ltd.’s IPO appears well-placed for a successful listing and robust investor demand.
A flexible allocation mechanism and high anticipated market capitalization indicate that the IPO is tailored for both institutional and retail participation, with mechanisms to optimize book quality and liquidity. The involvement of leading investment banks and underwriters further supports likely strong trading on listing day. Based solely on disclosed figures and structure, the offering is likely to price well, with potential for a positive first-day trading range relative to the offer price.
Prospectus Access
Official information, including the full prospectus, is available at: www.extremevision.com.cn and www.hkexnews.hk
How to Apply: Subscription Process and Key Dates
Investors can apply for Hong Kong Offer Shares using two main electronic channels:
| Application Channel |
Platform |
Target Investors |
Application Window |
| HK eIPO White Form |
www.hkeipo.hk |
Investors seeking physical H Share certificates |
Mar 20, 2026 9:00 a.m. – Mar 25, 2026 11:30 a.m. (Payment by 12:00 noon Mar 25, 2026) |
| HKSCC EIPO channel |
Through broker/custodian (HKSCC FINI system) |
Investors preferring electronic form (shares credited to CCASS) |
Contact broker/custodian for deadline |
Note: Minimum application is 50 H Shares. Allotment and refund results will be announced on March 27, 2026, and trading is expected to commence on March 30, 2026. Application is fully electronic with no physical submission options [[3]], [[4]], [[5]], [[7]], [[10]].