Futu News, July 11th, this Monday $READBOY (02385.HK)$An announcement was issued. The company will issue 52 million shares, priced at HK$7.6 per share, and 400 shares per lot. It is expected to be listed on July 12.
During the public sale phase, Doshulang was subscribed 1.73 times, and the final number of shares offered up to the public sale was 5.2 million shares, accounting for about 10% of the total number of shares offered (before any over-allotment rights were exercised). A total of 2,683 valid applications were received, and the first-hand winning rate was 100%.
Furthermore, the international offering has been oversubscribed. The final number of shares offered was 46.8 million shares, which is equivalent to approximately 90% of the total number of shares offered (before any overallotment rights are exercised). Futu Information collates the relevant data in the following table:
The company is an intelligent learning equipment service provider in China, focusing on the design, development, manufacture and sale of intelligent learning devices embedded in digital teaching aids for primary and secondary school students, their parents and school teachers in China. The company has become a technology-enabled smart learning equipment service provider with mature educational products and services in China.
According to the Frost & Sullivan report, in 2021, in terms of total retail market value, the company ranked second among smart learning equipment service providers in China, while in terms of total equipment shipments, the company ranked fifth among smart learning equipment service providers in China. The Doshulang brand has become a famous educational technology brand in China. As of the last practical date, the company's note...