HAIWEI ELEC
| Listing Date | 2025/11/28 |
| Listing Price | 14.280 |
- Subscription Rate5,426.27x
- Guarantee One Lot Size--
- One Lot Success Rate1%
| Listing Date | 2025/11/28 |
| Listing Price | 14.280 |
Hebei Haiwei Electronic New Material Technology Co. is a capacitor film manufacturer. The Group is the second largest capacitor film manufacturer in China in terms of capacitor base film sales volume in 2024, according to CIC.
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The Group’s capacitor film products include capacitor base films and metallized films. These products are key components of film capacitors, a type of capacitor known for its outstanding voltage resistance, high-frequency stability and long lifespan.
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Film capacitors have a wide range of end-use application scenarios, including NEV, new energy electricity system, industrial equipment and home appliances. In 2024, the Group’s market share in terms of revenue from capacitor base films in China was 10.9%. Capacitor base films are the largest component of the Group’s revenue.
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The Group is at the midstream segment of the industrial chain, its customers primarily include film capacitor manufacturers, and BYD. It provided products to a total of 217 customers. As of August 21, 2025, the Group possessed five production lines for manufacturing capacitor base films and three production lines for manufacturing metallized films.
| Market | Hong Kong (Main Board) |
| Business Nature | Industrials |
| Major Business Area | China |
| Board Lot | 200 |
| No. of Offer Shares | 35.46M H shares |
| No. of International Offer Shares | 31.91M H shares |
| No. of HK Offer Shares | 3.55M H shares |
| Offer Price | $14.28 |
| Stock Code | 9609 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, China Securities (International) Corporate Finance Company Limited, CLSA Limited, CCB International Capital Limited, BOCI Asia Limited, Huizhi International Capital Holdings Co., Limited, Futu Securities International (Hong Kong) Limited, Livermore Holdings Limited |
| Application Period | Nov 20 (Thu) - noon, Nov 25 (Tue) |
| Price Determination Date | -- |
| Result Announcement Date | On or before Nov 27 (Thu) |
| Result Announcement Date | On or before Nov 27 (Thu) |
| Result Announcement Date | On or before Nov 28 (Fri) |
| Dealings in Shares commence on | Nov 28, 2025. (Fri) |
| Offer Price | $14.28 |
| Capitalization (H Shares) | 854.70M |
| NAV / share ($) | $7.65 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 14.28, the net proceeds raised would be HKD 388.90M, of which |
| 82% : Increase production capacity, plan to construct a new manufacturing facility for producing capacitor base films in Southern China |
| 5% : Enhancing R&D capabilities |
| 3% : Sales and marketing activities |
| 10% : Working capital |
| 28/11/2025 16:08 |
| {New Stock}HAIWEI ELEC(09609) ends down 22.97% at HK$11 |
| 28/11/2025 09:20 |
| {New Stock}HAIWEI ELEC(09609) opens down 5.46% at HK$13.5 |
| 27/11/2025 18:35 |
| {New Stock}HAIWEI ELEC(09609) ends up 0.49% on grey market |
| 27/11/2025 16:20 |
| {New Stock}HAIWEI ELEC up 19.05% at HK$17 on grey market |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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