Shenzhen Han’s CNC Technology Co., Ltd. (stock code: 3200) has launched a global offering of 50,451,800 H shares, subject to an over-allotment option of up to 15%. The public offering in Hong Kong comprises 5,045,200 H shares, initially representing 10% of the total shares offered, while 45,406,600 H shares (approximately 90%) are allocated to the international tranche. The maximum offer price is set at HK$95.80 per H share.

According to the announcement, Hong Kong’s public subscription period is open from January 29, 2026, to February 3, 2026. The offer price is scheduled to be determined on or before February 4, 2026. Shares are expected to begin trading on the Hong Kong Stock Exchange on February 6, 2026, with a board lot size of 100 H shares.

Investors applying through the HK eIPO White Form service or via custodians and brokers must pay the maximum offer price in full at the time of application, including brokerage, levies, and other fees. All confirmed shares will be issued in either the applicants’ own names or through HKSCC Nominees, subject to final allotment results. If the over-allotment option is exercised, the company will release a separate announcement disclosing the total number of shares issued. Interested parties can refer to the official listing documents for full details.