Rept Battero Energy (HKG:0666) agreed to subscribe for 1.5 million shares in Zhejiang E-P Equipment (SHA:603194) during its initial public offering of A shares in a strategic placement for about 30 million yuan at 20.32 yuan apiece, a Tuesday Hong Kong bourse filing said.

The to-be-subscribed shares represent 0.37% of the enlarged total issued shares of Zhejiang E-P Equipment, and the shares issued by Zhejiang E-P Equipment under its A-share IPO will be listed on the Shanghai Stock Exchange.