SANHUA rebounded in the afternoon, currently priced at 22.35 yuan, down 0.8% from the offering price

LB Select
2025.06.23 05:48
portai
I'm PortAI, I can summarize articles.

SANHUA's stock price rebounded in the afternoon, with the current price and trading volume reaching HKD 111,700. The company is a leader in global refrigeration and air conditioning appliance components and automotive thermal management system components. This global offering is priced at HKD 22.53 per share, with a total issuance of 414 million H shares before the greenshoe option, raising funds amounting to HKD 9.336 billion. This issuance also includes a 15% overallotment option. Huatai International serves as the joint sponsor, overall coordinator, joint global coordinator, joint bookrunner, and joint lead manager for this issuance

On June 23, Zhejiang Sanhua Intelligent Control Co., Ltd. (hereinafter referred to as "SANHUA", 02050), a leading global manufacturer of refrigeration and air conditioning appliance components and automotive thermal management system components, successfully listed on the main board of the Hong Kong Stock Exchange. This global offering by SANHUA was priced at HKD 22.53 per share, with a total issuance of 414 million H shares before the greenshoe option, raising a total of HKD 9.336 billion. The offering also includes a 15% over-allotment option. Huatai International served as the joint sponsor, overall coordinator, joint global coordinator, joint bookrunner, and joint lead manager for this issuance. SANHUA has always focused on the research, promotion, and application of thermal management technology, providing energy efficiency solutions to global customers with industry-leading high-quality products. The company is committed to global operations, with businesses spanning two major sectors: refrigeration and air conditioning appliance components and automotive components. Based on long-term technological accumulation and R&D innovation, it continuously expands into emerging fields such as bionic robot electromechanical actuators. According to 2024 revenue estimates, the company is the largest manufacturer of refrigeration and air conditioning control components globally and a leading manufacturer of automotive thermal management system components.

Currently, SANHUA's stock price has rebounded in the afternoon, with a current price and a trading volume of 111,700

Source: LB Select The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.