SUNMI TECH-W
06810 · HKEXSUNMI is an loT technology company whose core value is "altruism.
IPO Timeline
- OpenApr 21
- CloseApr 23
- AllotmentApr 27
- PaymentApr 29
- ListingApr 29
Key Facts
Issue Price
HKD 24.86
Min Entry Fee
HKD 2,511.07
Shares Issued
42.63M
Lot Size
100
Total Raise
HKD 1059.7M
Estimated Market Cap
HKD 10.01B
Public Allocation
10.0%
International Placement
90.0%
Business Overview
SUNMI is an loT technology company whose core value is "altruism." We are committed to delivering a rich portfolio of high-quality smart loT devices and comprehensive end-to- cloud integrated services for the commercial sector, working with ecosystem partners to build a hyper- connected business world and ultimately realizing Commerce 4.0.
Use of Proceeds
1、Approximately HK$363.5 million (or ~40.0%) will be allocated for R&D of BloT software and hardware solutions;
2、Approximately HK$272.6 million (or ~30.0%) will be used to enhance supply chain and production operations;
3、Approximately HK$181.7 million (or ~20.0%) will be allocated for the execution of the global market expansion plan;
4、Approximately HK$90.9 million (or ~10.0%) will be used for working capital and other general corporate purposes.
Sponsor Track Record
| Name | Past Deals | First Day Avg % | Break Rate % | 30-Day Avg % |
|---|---|---|---|---|
| 中金香港 | 28 | 12.4 | 21.4 | 8.6 |
| 中信里昂 | 19 | 9.7 | 26.3 | 5.1 |
| 建银国际 | 14 | 6.2 | 35.7 | 1.8 |
Baseline updated: 2026-04-15
Intermediaries & Documents
Sponsors
- Deutsche Securities Asia Limited
- 中信证券(香港)有限公司
- ABCI Capital Limited
Underwriters
- Deutsche Bank AG, Hong Kong Branch
- CLSA Limited
- ABCI Securities Company Limited
Prospectus PDF
Prospectus PDF →Cornerstone Investors
- XINWUTANG CO., LIMITED
- China Orient Enhanced Income Fund
Total
0
27.0% of placement
BBX does not participate in the allocation process for any IPO listed on this page. This page is for informational purposes only and is not investment advice.