01333 博雷頓
BRETON
BRETON
| Register Close | 2025/04/30 IPO Closing Today |
| Listing Date | 2025/05/07 |
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IPO Detail
COMPANY PROFILE
Breton Technology Co., Ltd. is a China-based provider of electric-powered engineering machinery. The Group design, develop and commercialize battery-electric engineering machinery with autonomous capabilities and provide intelligent operation services. The Group also design and develop e-powertrain kits for battery-electric tractor trucks and collaborate with manufacturers to bring these vehicles to market.
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According to CIC, the Group ranked third and seventh among all manufacturers of new energy wide-body dump trucks and loaders in China, with a market share of 18.3% and 3.8% in terms of shipments in 2024, respectively, being the only pure-play manufacturer among the top manufacturers of these two types of new energy engineering machinery. In 2024, the Group achieved a market share of 3.2% in the wide-body dump truck market and 1.3% in the loader market in China in terms of revenue, with both markets including new energy and fuel-powered machinery.
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The Group generated most of its revenue from sales of products, including battery-electric loaders, wide-body dump trucks and tractor trucks, as well as sales of spare parts and accessories. The Group’s customers comprise direct sales customers and distributors of its products primarily located in China.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | China |
| Board Lot | 200 |
GLOBAL OFFERING
| No. of Offer Shares | 13.00M H shares |
| No. of International Offer Shares | 11.70M H shares |
| No. of HK Offer Shares | 1.30M H shares |
| Offer Price | $18.00 |
| Stock Code | 1333 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited, CCB International Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Citrus Securities Limited, TradeGo Markets Limited, SPDB International Capital Limited |
TIME TABLE
| Application Period | Apr 25 (Fri) - noon, Apr 30 (Wed) |
| Price Determination Date | -- |
| Result Announcement Date | On or before May 06 (Tue) |
| Result Announcement Date | On or before May 06 (Tue) |
| Result Announcement Date | On or before May 07 (Wed) |
| Dealings in Shares commence on | May 07, 2025. (Wed) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $18.00 |
| Capitalization | 6.83B |
| NAV / share ($) | $2.51 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 18, the net proceeds raised would be HKD 147.80M, of which |
| 40% : Invested in technology advancement and the development of new products and services |
| 40% : Establishment of manufacturing plants and the procurement of essential machinery to enhance manufacturing capabilities |
| 10% : Expand sales and services network and enhance brand awareness |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).