NSING TECH H-Share Debut Nets HK$944 Million, Added to Stock Connect

Deep News
03/23

On March 23, NSING TECH (300077/02701) announced that the base offering size for its global H-share sale was 95 million shares. Based on an issue price of HK$10.8 per H-share, and after deducting underwriting commissions and other estimated expenses, the net proceeds from the global offering are estimated to be approximately HK$944 million, assuming the over-allotment option is not exercised.

With approval from the Hong Kong Stock Exchange, the company's 95 million H-shares commenced trading on the Main Board of the Hong Kong Stock Exchange on March 23, 2026, and were included in the list of securities eligible for the Stock Connect program. Following the completion of the listing, the company's share capital structure changed as detailed.

For the first three quarters of 2025, NSING TECH reported revenue of 958 million yuan and a net profit attributable to shareholders of a loss of 73.74 million yuan.

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