Deepexi Technology Co., Ltd. (滴普科技股份有限公司, “Deepexi Technology,” Stock Code: 1384) has announced a global offering of 26,632,000 H shares. This initiative consists of an initial 1,331,600 shares offered to the Hong Kong public (subject to reallocation) and 25,300,400 shares for the international offering (also subject to reallocation). The offer price is set at HK$26.66 per H share, plus brokerage, levy, and trading fees. Each H share has a nominal value of RMB1.00.
Under the current plan, the Hong Kong public offering runs from October 20, 2025 (9:00 a.m.) to October 23, 2025 (12:00 noon). The listing on the Main Board of the Hong Kong Stock Exchange is expected to commence at 9:00 a.m. on October 28, 2025. Those who apply for shares should note the fully electronic application process, available either via the HK eIPO White Form service or through the HKSCC EIPO channel.
The initial allocation between the Hong Kong and international tranches is subject to reallocation under specific oversight rules. If the total valid applications in Hong Kong reach certain thresholds, the Hong Kong tranche can be expanded up to 5,326,400 H shares. No stabilizing manager is appointed, and no stabilization activities are anticipated.
Results of the Hong Kong Public Offering are planned for publication on October 27, 2025. Settlement and dispatch of share certificates or deposits into the Central Clearing and Settlement System (CCASS) will follow the timelines outlined in the announcement. Shares will be traded in board lots of 200 H shares each, under the stock code 1384.