02635 諾比侃
NUOBIKAN
NUOBIKAN
| Register Close | 2025/12/18 IPO Closing in 3 Days |
| Listing Date | 2025/12/23 |
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IPO Detail
COMPANY PROFILE
Nuobikan Artificial Intelligence Technology (Chengdu) Co. specializes in the industrial application of advanced technologies including AI and digital twins that target areas of transportation, energy and urban management. The Group mainly provides integrated software and hardware solutions adopting comprehensive AI industry models for monitoring, inspection and maintenance purposes.
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According to the report, the Group was the second largest AI traction power supply inspection and detection system provider in China with a market share of around 5.9% based on its traction power supply related revenue in rail transit in 2024 and ranked third in the rail transit industry in China for provision of AI inspection and monitoring solutions with a market share of around 1.8% based on its rail transit revenue in 2024.
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The Group have three business lines: transportation solution business covering rail transit, city transportation, and airport; energy solution business covering electricity, and chemical engineering; and urban management solution business covering application scenarios mainly including park, campus, emergency and community management.
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The Group generated revenue from its businesses covering rail transit, electricity and urban management and its products and services were sold to three types of customers, namely distributors, system integrators, and direct customers.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Software & Services |
| Major Business Area | China |
| Board Lot | 50 |
GLOBAL OFFERING
| No. of Offer Shares | 3.79M H shares |
| No. of International Offer Shares | 3.41M H shares |
| No. of HK Offer Shares | 0.38M H shares |
| Offer Price | $80.00 - $106.00 |
| Stock Code | 2635 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, Livermore Holdings Limited, Patrons Securities Limited |
TIME TABLE
| Application Period | Dec 15 (Mon) - noon, Dec 18 (Thu) |
| Price Determination Date | Dec 19 (Fri) |
| Result Announcement Date | On or before Dec 22 (Mon) |
| Result Announcement Date | On or before Dec 22 (Mon) |
| Result Announcement Date | On or before Dec 23 (Tue) |
| Dealings in Shares commence on | Dec 23, 2025. (Tue) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $80.00 - $106.00 |
| Capitalization (H Shares) | 3.03B - 4.01B |
| NAV / share ($) | $26.99 - $29.59 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 93, the net proceeds raised would be HKD 306.70M, of which |
| 40% : Continued research on core technologies for cementing the foundation of our technology capabilities and functions of product and service offerings |
| 40% : Establish and build R&D technology center and new headquarters |
| 10% : Pursue potential strategic investments and acquisition opportunities |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*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).