Providing Summary:
– The Hong Kong Public Offering will open on Tuesday, October 20, 2026 and close at 12:00 p.m. on Friday, October 23, 2026;
– Total variety of Offer Shares under the Global Offering: 37,275,800 H Shares (topic to the Over-allotment Option);
– Number of Hong Kong Offer Shares: 3,727,600 H Shares (topic to reallocation);
– Number of International Placing Shares: 33,548,200 H Shares (topic to reallocation and the Over-allotment Option);
– Maximum Offer Price: HK$ 21.46 per H share;
– Board lot size for trading: 100 H Shares per board lot;
– Expected listing date on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): Wednesday, October 28, 2026.
Hong Kong, Oct 20, 2026 – (ACN Newswire) – Changzhou Microintelligence Co., Ltd (“Changzhou Microintelligence” or “the Company”, stock code: 03275. HK) reveals its Global Offering and proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).
Changzhou Microintelligence Co., Ltd. is an innovation business concentrated on Embodied Industrial Intelligent Robots (EIIR). The Company focuses on the research study, advancement and industrial release of embodied intelligence innovations for commercial settings, with its company generally covering the research study and advancement, production and sale of EIIR items, AI-empowered devices and modular items. The Company has actually finished full-stack internal advancement of core algorithms, crucial software application and hardware, has actually developed a software application and hardware innovation system based upon its “Cloud-Edge-Device” incorporated architecture. Considering that its facility, Changzhou Microintelligence has actually tactically concentrated on genuine factory circumstances to advance industrial implementation. As its items present at scale on assembly line, the Company has actually continually collected on-site information and developed a “data-model-product-redeployment” information flywheel. Its database of specifically identified disorganized commercial information, collected from genuine commercial settings, supplies essential tactical assistance for item version, design optimisation and effective business release. The Company likewise continues to buy research study and advancement to reinforce its competitive barriers in innovation and information and dedicates to driving commercial robotics from conventional automation towards intelligence and supports the long-lasting advancement objective of versatile updating in production.
Changzhou Microintelligence prepares to provide 37,275,800 H Shares (topic to the Over-allotment Option), consisting of 3,727,600 Hong Kong Offer Shares (topic to reallocation) and 33,548,200 International Placing Shares (based on reallocation and the Over-allotment Option). The Maximum Offer Price is HK$ 21.46, and the board lot size for trading is 100 H Shares.
The Hong Kong Public Offering began on Tuesday, October 20, 2026, and is set up to close at 12:00 p.m. on Friday, October 23, 2026 (applications through White Form eIPO service will close at 11:30 a.m. on the exact same day). The H Shares of the Company are anticipated to begin trading on the Main Board of the Stock Exchange on Wednesday, October 28, 2026.
Presuming the Over-allotment Option is not worked out and the Offer Price is set at HK$ 19.05 per share (being the mid-point of the Offer Price variety), after subtracting underwriting commissions and approximated offering expenditures, the Company approximates that the net profits to be raised from the Global Offering will total up to around HK$ 640 million before the workout of any Over-allotment Option. The Company means to assign the net earnings from the Global Offering as follows:
Around 60.3% will be utilized for core technological research study and advancement to boost the intelligence and efficiency of Embodied Industrial Intelligent Robots (EIIR) items;
Around 10.6% will be utilized to develop a localised abroad sales and service network and deepen worldwide organization existence;
Around 14.7% will be utilized for tactical financial investments and acquisitions to construct an open and equally helpful application environment;
Around 4.4% will be utilized to broaden production and production capability;
Roughly 10.0% will be utilized as working capital and for other basic business functions;
Orient Capital (Hong Kong) Limited is the Sole Sponsor. Elbe Rhein Investment Limited is the Cornerstone Investor.
About Changzhou Microintelligence Co., Ltd
Changzhou Microintelligence Co., Ltd. was established in 2018, is a service provider of Embodied Industrial Intelligent Robots (EIIR) items in China. The Company has actually developed a software application and hardware innovation system based upon its “Cloud-Edge-Device” incorporated architecture. It is devoted to the deep combination of AI and commercial robotics, offering versatile and effective smart options to making consumers around the world and driving the shift in commercial settings from automation to intelligence. The Company primarily takes part in the research study and advancement, production and sale of EIIR items, AI-empowered devices and modular items.
Subject: Press release summary
Source: Changzhou Microintelligence Co., Ltd
Sectors: Funds & & Equities, Artificial Intel, Manufacturing
http://www.acnnewswire.com
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