IPO Pricing | Anker Innovations listed today, receiving nearly 27.57x subscription, priced at HK$99.32 per share, with a 30% allotment rate for one lot.

Futu News, July 2: $ANKER (00668.HK)$ announced its allotment results, pricing shares at HK$99.32 each, issuing a total of 46,632,800 shares, with each board lot comprising 100 shares. The shares officially listed today.

During the public offering phase, Anker Innovations received 27.57x subscription. The final number of shares allocated to the public offering was 4,663,300 shares, representing approximately 10% of the total offering. A total of approximately 36,424 valid applications were received, with about 18,453 applications processed. The approximate percentage of applicants who subscribed for one lot and were allotted shares relative to total applied shares was 30%.

Additionally, Anker Innovations received 10.24 times subscription during the international offering phase. The final number of shares allocated to the international offering amounted to 41,969,500 shares, representing 90% of the total offering size. Futu compiled the relevant data in the table below:

Company Overview

Anker Innovations primarily engages in the design and sale of consumer electronics within the global smart hardware technology industry, committed to delivering a wide range of trusted products and exceptional user experiences to consumers worldwide. Since its establishment in 2011, the company has leveraged the Anker brand as its foundation and continuously expanded its product portfolio into areas such as smart charging and energy storage, smart home devices, and smart audio-visual equipment. It currently operates three global brands—Anker, eufy, and soundcore—and two core sub-brands: AnkerSOLIX and eufyMake.

Driven by its globalization strategy, the company continues to expand its business footprint, with products now sold in over 180 countries and regions worldwide. While maintaining a strong position in core markets such as North America and Europe, the company has also achieved rapid growth in emerging markets. As of December 31, 2025, the company had accumulated over 200 million users globally.

Financial Summary

During the historical reporting period, Anker Innovations achieved strong growth in both revenue scale and profitability. Total revenue increased from RMB 17.5 billion in 2023 to RMB 30.5 billion in 2025, representing a compound annual growth rate of 32.0%. Gross profit rose from RMB 7.5 billion in 2023 to RMB 13.4 billion in 2025, reflecting a compound annual growth rate of 33.7%.

Source: Prospectus

Use of Proceeds

Regarding the use of proceeds, Anker Innovations expects net proceeds from the global offering to be approximately HK$4.523 billion (based on an offer price of HK$99.32 per share). According to the prospectus, Anker Innovations intends to allocate the proceeds from the global offering for the following purposes:

Approximately 20% will be allocated to drive product iteration and innovation and broaden the product portfolio; approximately 20% will be allocated to research and development and talent acquisition, with a focus on developing foundational platforms and capabilities to strengthen the technological base supporting sustained innovation and global expansion; approximately 15% will be allocated to enhance brand influence and deepen customer loyalty; approximately 20% will be allocated to reinforce the company’s direct-to-consumer global market strategy; approximately 20% will be allocated to upgrade the supply chain management system to support ongoing global expansion; and approximately 5% will be allocated to working capital and general corporate purposes.

The golden season for subscribing to new IPOs is here! Subscribe to new listings with Futu—zero interest, zero fees, and cashless subscription. Join the campaign now for a chance to waive your IPO subscription fees for one year.Come and experience it now >>

Editor/Joe

56K Views