CREALITY (03388) will launch its global offering from May 20 to May 26, 2026. The company plans to issue 73.4276 million H shares globally, subject to the over-allotment option. The Hong Kong public offering portion will constitute 10% of the total (subject to reallocation and the over-allotment option), with the international offering making up the remaining 90% (subject to reallocation). An additional 15% over-allotment option is also included. The final offer price has been set at HK$18.80 per share, with a board lot size of 150 shares. Trading of the H shares on the Stock Exchange is expected to commence on May 29, 2026.
The company is a global provider of consumer-grade 3D printing products and services. Its product and service portfolio primarily includes 3D printers, 3D printing materials, 3D scanners, laser engravers, accessories, and other related items. Services are also offered through its dedicated 3D printing content platform, CREALITY Cloud. Furthermore, in August 2025, the company launched Nexbie, an overseas e-commerce platform focused on 3D creative finished products.
Assuming the over-allotment option is not exercised and based on the final offer price of HK$18.80 per share, the company estimates net proceeds from the global offering to be approximately HK$1.272 billion (equivalent to approximately RMB 1.113 billion) after deducting underwriting commissions and estimated expenses. In line with its strategic plan, the company intends to allocate the net proceeds as follows: approximately 30.0% is earmarked for research and development investment to enhance technological capabilities, support long-term innovation, and maintain its competitive edge in the global consumer 3D printing industry. Approximately 25.0% is expected to be used for overseas user operations. Another 25.0% is allocated for global brand promotion and sales channel development. Approximately 10.0% is designated for seeking strategic partnerships, investments, or acquisitions that complement the company's business and align with its strategy. The remaining 10.0% is intended for working capital and general corporate purposes.