02651 大眾口腔
DAZHONG DENTAL
DAZHONG DENTAL
| Register Close | 2025/07/04 IPO Closing Tomorrow |
| Listing Date | 2025/07/09 |
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IPO Detail
COMPANY PROFILE
Wuhan Dazhong Dental Medical Co is a private dental services provider in Central China with a focus on Hubei and Hunan provinces. The Group’s dental services consist of general dentistry services, implantology services and orthodontics services, addressing oral health needs of customers of all ages.
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According to Frost & Sullivan, the Group ranked first among all private dental services providers in Central China in terms of revenue generated therefrom in 2024, occupying a market share of approximately 2.4%.
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As of June 21, 2025, the Group had 92 dental institutions in operation in total, including 4 for-profit dental hospitals, 80 for-profit dental out-patient departments and 8 for-profit dental clinics covering 8 cities in Hubei and Hunan provinces. All of the Group’s dental institutions are operated under the unified brand name “愛尚大眾口腔”.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Health Care |
| Major Business Area | China |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 10.86M H shares |
| No. of International Offer Shares | 9.78M H shares |
| No. of HK Offer Shares | 1.09M H shares |
| Offer Price | $20.00 - $21.40 |
| Stock Code | 2651 |
| Sponsor(s) | Haitong International Capital Limited |
| Underwriter(s) | Haitong International Securities Company Limited, Livermore Holdings Limited |
TIME TABLE
| Application Period | Jun 30 (Mon) - noon, Jul 04 (Fri) |
| Price Determination Date | Jul 07 (Mon) |
| Result Announcement Date | On or before Jul 08 (Tue) |
| Result Announcement Date | On or before Jul 08 (Tue) |
| Result Announcement Date | On or before Jul 09 (Wed) |
| Dealings in Shares commence on | Jul 09, 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 | $20.00 - $21.40 |
| Capitalization (H Shares) | 340.50M - 364.40M |
| NAV / share ($) | $4.85 - $5.15 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 20.7, the net proceeds raised would be HKD 185.50M, of which |
| 35% : Establishing new dental institutions in Central China |
| 25% : Acquiring dental institutions in Central China |
| 10% : Upgrading and renovating some of existing dental institutions |
| 10% : Optimizing information technology infrastructure and information technology systems |
| 10% : Developing medical professional team to further support the sustainable growth |
| 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).