HANS CNC
| Listing Date | 2026/02/06 Listed Today |
| Listing Price | 95.800 |
- Subscription Rate446.39x
- Guarantee One Lot Size600 lot
- One Lot Success Rate10%
| Listing Date | 2026/02/06 Listed Today |
| Listing Price | 95.800 |
Shenzhen Han's CNC Technology Co. is a leading specialized PCB production equipment solution provider in China, and it primarily engages in the R&D, production and sales of specialized PCB production equipment.
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The Group’s extensive portfolio of production equipment spans various segments of the PCB industry, and covers various production processes, such as drilling, photolithography, lamination, formation and testing. It operates in the specialized PCB equipment industry, such as server and data storage, automotive electronics, mobile phones, computers and consumer electronics.
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The Group sold its specialized PCB production equipment to over 10 countries and regions, vast majority of its revenue was generated from mainland China. According to the report, the Group was the China’s largest specialized PCB production equipment manufacturer in terms of revenue in 2024, with a market share of 10.1% in China.
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As of January 21, 2026, the Group had two production bases in China. The Group’s customers were mainly PCB manufacturers in China, while a small proportion of its customers were distributors.
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | China |
| Board Lot | 100 |
| No. of Offer Shares | 50.45M H shares |
| No. of International Offer Shares | 45.41M H shares |
| No. of HK Offer Shares | 5.05M H shares |
| Offer Price | $95.80 |
| Stock Code | 3200 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, Deutsche Bank AG, Hong Kong Branch, Sinolink Securities (Hong Kong) Company Limited, SDIC Securities (Hong Kong) Limited, ABCI Securities Company Limited |
| Application Period | Jan 29 (Thu) - noon, Feb 03 (Tue) |
| Price Determination Date | Feb 04 (Wed) |
| Result Announcement Date | On or before Feb 05 (Thu) |
| Result Announcement Date | On or before Feb 05 (Thu) |
| Result Announcement Date | On or before Feb 06 (Fri) |
| Dealings in Shares commence on | Feb 06, 2026. (Fri) |
| Offer Price | $95.80 |
| Capitalization (H Shares) | 4.83B |
| NAV / share ($) | $22.96 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 95.8, the net proceeds raised would be HKD 4.63B, of which |
| 50% : Enhancing the R&D and operational capabilities |
| 40% : Improving the production capacity for specialized PCB equipment |
| 10% : Working capital |
| 06/02/2026 16:08 |
| {New Stock}HANS CNC(03200) ends up 14.82% at HK$110 |
| 06/02/2026 09:20 |
| {New Stock}HANS CNC(03200) opens up 10.65% at HK$106 |
| 05/02/2026 18:35 |
| {New Stock}HANS CNC(03200) ends up 23.38% on grey market |
| 05/02/2026 16:20 |
| {New Stock}HANS CNC up 20.67% at HK$115.6 on grey market |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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