DKE (SEHK: 01770) has announced a global offering of 5.12 million H shares, with the subscription period running from June 29, 2026, to July 3, 2026.

The offer comprises a Hong Kong public offering for approximately 10% of the shares and an international placing for the remaining 90%. The price range for the shares has been set between HK$78.64 and HK$101.11 per share, with a board lot size of 50 H shares. Trading of the H shares on the Main Board of The Stock Exchange of Hong Kong is expected to commence at 9:00 a.m. on Wednesday, July 8, 2026.

Company Background and Market Position

The company is a well-known player in the global electronic paper display (EPD) industry. According to data from Frost & Sullivan, based on 2025 revenue, the group is the world's second-largest EPD manufacturer with a market share of 20.8% and the world's largest commercial EPD manufacturer by revenue, commanding a 24.9% share of that segment. The global commercial EPD segment accounted for 83.5% of the total global commercial EPD market by revenue in 2025, underscoring the group's leading position.

Use of Proceeds

Assuming an offer price of HK$89.88 per share, which is the mid-point of the indicated price range, and assuming the over-allotment option is not exercised, the net proceeds from the global offering are estimated to be approximately HK$411 million.

The company intends to allocate the net proceeds as follows, based on the mid-point of the price range: approximately 65.0% will be used as a funding source to enhance future production capacity and upgrade production facilities with smart technologies; around 25.0% will be allocated to boosting research and development and technical capabilities to enrich the company's product portfolio; and the remaining 10.0% will be used for working capital and general corporate purposes.