EACON Group Co., Ltd. (EACON) released details of its planned Hong Kong initial public offering, setting a maximum offer size of 26.13 million H-shares and targeting a main-board listing on the Hong Kong Stock Exchange (HKEX) under stock code 7687 on 8 July 2026.
Offer structure and scale • Total shares: 26.13 million H-shares (nominal value RMB1.00 each), split into a 10% Hong Kong Public Offering (2.61 million shares) and a 90% International Offering (23.52 million shares), both subject to potential reallocation. • Over-allotment: The company may issue up to an additional 3.92 million shares, equal to 15% of the base deal, if demand warrants. Full exercise would raise the total issuance to 30.05 million shares, representing roughly 2.6% of enlarged share capital.
Pricing parameters • Indicative price range: HK$81.16 to HK$87.92 per H-share. • Based on the maximum price, gross proceeds could reach approximately HK$2.30 billion, before deducting underwriting fees and expenses. • Investors in the Hong Kong tranche must apply at the top‐end price of HK$87.92 per share, with refunds arranged should the final price be set lower.
Timetable • Application period (fully electronic): 29 June 2026 (09:00) to 3 July 2026 (12:00). • Price determination: by noon, 6 July 2026. • Allocation and pricing results: to be published no later than 23:00, 7 July 2026. • Expected listing and start of trading: 09:00, 8 July 2026. • Stabilisation window: up to 30 days after the close of public offer applications (until 2 August 2026).
Key intermediaries • Haitong International Securities acts as Sole Sponsor, Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager. • Additional Overall Coordinator, Joint Global Coordinators, Bookrunners and Lead Managers are also appointed for the transaction. • Shares are expected to be admitted into CCASS for clearing and settlement on the first trading day.
Governance snapshot EACON’s board currently comprises five executive directors, one non-executive director and three proposed independent non-executive directors. Executive Director and CEO Mr. Lan Shuisheng concurrently serves as Co-Chairman of the Board.
Investors can obtain the prospectus from the HKEX website or EACON’s corporate site and must submit applications via White Form eIPO or the HKSCC EIPO channel; no physical application forms will be provided.