Zhongji InnoLight Co., Ltd. Sets Offer Price at HK\$980 per H Share, Announces Listing Details
Key Highlights for Investors
- Offer Price Set: Zhongji InnoLight Co., Ltd. has determined the Offer Price for its H Shares at HK\$980.00 per share (excluding fees and levies).
- Trading Schedule: Assuming all conditions are met, dealings in the H Shares on the Main Board of the Hong Kong Stock Exchange will commence at 9:00 a.m. on Thursday, July 30, 2026.
- Board Lots: H Shares will be traded in board lots of 50 shares each.
- Announcement of Allocation Results: Details regarding international interest, Hong Kong public offering applications, allocation basis, and allocation results will be released on Wednesday, July 29, 2026.
- Stabilization Mechanism: Goldman Sachs (Asia) L.L.C. has been appointed as the Stabilizing Manager and may, at its discretion, undertake price stabilizing actions for up to 30 days after the last day for lodging applications, i.e., until August 26, 2026. However, there is no obligation for the Stabilizing Manager to carry out such actions.
- Termination Rights: The Sponsor-Overall Coordinators and Hong Kong Underwriters reserve the right to terminate their obligations under the Hong Kong Underwriting Agreement at any time before 8:00 a.m. on the Listing Date should specified events occur. This could potentially impact the listing process and share price.
- Legal and Listing Restrictions: The Offer Shares have not been and will not be registered under the U.S. Securities Act. They are not being offered in the United States or other jurisdictions except as permitted by law.
Important Details for Shareholders and Potential Investors
Shareholders and investors should note the following price-sensitive and potentially share value-affecting information:
- Offer Price: The Offer Price of HK\$980 per H Share is a key determinant of initial trading and future price movements. It is exclusive of additional charges such as brokerage (1.0%), SFC transaction levy (0.0027%), Stock Exchange trading fee (0.00565%), and AFRC transaction levy (0.00015%).
- Potential Price Volatility: After the 30-day stabilization period ends, the price could experience increased volatility if demand falls. Investors are advised to be cautious post-stabilization.
- Possible Termination: The underwriting agreement can be terminated under certain conditions before the listing. Such a scenario could affect the listing outcome and thus the share price.
- Regulatory Compliance: All stabilizing actions and share offerings are subject to strict compliance with Hong Kong and international regulations.
Additional Information
The board of Zhongji InnoLight is chaired by Dr. Liu Sheng, who also serves as Executive Director and President. The board comprises a mix of executive, non-executive, and independent non-executive directors.
The company emphasizes that potential investors should make decisions based solely on information provided in the official Prospectus. The Offer Shares are not intended for U.S. investors, nor will there be any public offer of securities in the United States.
Conclusion
The announcement of the Offer Price and listing details for Zhongji InnoLight H Shares is a significant event for the company and its potential investors. The price set, stabilization mechanisms, and potential for underwriting termination are all factors that may impact the share price upon listing and in the immediate period following the IPO. Investors should stay alert for the allocation results and any further announcements from the company.
Disclaimer
This article is for informational purposes only and does not constitute financial advice or an offer to sell or subscribe for any securities. Investors should consult the official Prospectus and seek independent professional advice before making any investment decisions. The information herein is based on the company announcement as of July 28, 2026, and may be subject to change.
