Quote | Super Quote
IPO   |   IPO News   |   Listed IPO Information   |   Hot Listed IPO
Stock Code   IPO News IPO Timetable
IPO Detail
02613 匯舸環保
CONTIOCEAN
Listing Date2025/01/09
Listing Price31.800
 
Quote
  • 28.700 -5.100 (-15.089%)    Sink Below Listing Price
  • 15-min delayed, last update: 10/01/2025 17:59
Subscription Result
  • Subscription Rate
    55.33x
  • Guarantee One Lot Size
    20 lot
  • One Lot Success Rate
    40.01%
COMPANY PROFILE

Contiocean Environment Tech Group Co., Ltd. is a PRC-based maritime environmental protection equipment and system provider serving customers from different regions. The Group’s equipment and systems aim to help customers such as shipowners in reducing sulfur and GHG emissions. In addition, the Group aim to help its customers in upgrading the life quality for their ship crew members, by offering interior design and supplying equipment and systems that improve the onboard living conditions and enhance maritime operations.

--

The Group ranked third among ship exhaust gas cleaning system providers based in China and fourth among all ship exhaust gas cleaning system providers in the world in terms of the volume of total number of completed orders during 2023 and the cumulative on-hand orders as of December 31, 2023 for ship exhaust gas cleaning systems according to Frost & Sullivan.

--

The Group have a suite of maritime environmental protection equipment and systems, helping its customers to pursue more effective and sustainable business operations while meeting various ESG requirements set by the IMO. The equipment and systems include marine exhaust gas cleaning systems, marine energy-saving devices, marine clean-energy supply systems and maritime services.

--

The Group’s marine exhaust gas cleaning systems (which mostly includes the ship exhaust gas cleaning systems) contributed to the majority of its revenue. The customers for the Group’s equipment and systems primarily include shipowners, ship management companies and ship builders.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureIndustrials
Major Business AreaChina
Board Lot100
GLOBAL OFFERING
No. of Offer Shares10.00M H shares
No. of International Offer Shares8.11M H shares
No. of HK Offer Shares1.89M H shares
Offer Price$31.80 - $39.80
Stock Code2613
Sponsor(s)CITIC Securities (Hong Kong) Limited, China Galaxy International Securities (Hong Kong) Co., Limited
Underwriter(s)CLSA Limited, China Galaxy International Securities (Hong Kong) Co., Limited, BNP Paribas Securities (Asia) Limited, BOCI Asia Limited, CCB International Capital Limited, CEB International Capital Corporation Limited, China Everbright Securities (HK) Limited, China Sunrise Securities (International) Limited, Fortune Origin Securities Limited, Futu Securities International (Hong Kong) Limited, ICBC International Securities Limited, Lego Securities Limited, Livermore Holdings Limited, Quam Securities Limited, SPDB International Capital Limited, Tiger Brokers (HK) Global Limited, TradeGo Markets Limited
TIME TABLE
Application PeriodDec 31 (Tue) - noon, Jan 06 (Mon)
Price Determination DateJan 07 (Tue)
Result Announcement DateOn or before Jan 08 (Wed)
Result Announcement DateOn or before Jan 08 (Wed)
Result Announcement DateOn or before Jan 09 (Thu)
Dealings in Shares commence onJan 09, 2025. (Thu)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer30%40%50%
Sales Statistics (HKD)
Offer Price$31.80 - $39.80
Capitalization (H Shares)1.27B - 1.59B
NAV / share ($)$13.01 - $14.94 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 35.8, the net proceeds raised would be HKD 312.00M, of which
50% : Used in connection with R&D
15% : Used for potential mergers and acquisitions
15% : Leasing a production facility in Mainland China or Southeast Asia, and acquire information technology software and hardware for the production facility
10% : Establishing eight service centers internationally, including Asia, Europe, North America and the Middle East
10% : Working capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
IPO Calculator
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --
Offer Price︰--
Currency :
Listing Price :
Board Lot :
Admission Fee*
:
Subscribing Lot :
Subscribing Fee :

Subscribing Amount :
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2025 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.