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IPO Detail
03317 迅策
XUNCE
Register Close2025/12/23    IPO Closing in 5 Days
Listing Date2025/12/30
COMPANY PROFILE

Data infrastructure is classified into real-time and non-real-time categories based on the processing mechanism and efficiency. In 2024, China’s real-time data infrastructure and analytics market was valued at RMB18.7 billion, representing 4.5% of the country’s total data infrastructure and analytics market. The Group ranked fourth in this segment by revenue, capturing a 3.4% market share.

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At the core of our offerings is a real-time data infrastructure, a unified data platform that collects, cleans, manages, analyzes and governs heterogeneous data from multiple sources within milliseconds to seconds. The Group ranked first in terms of revenue in 2024 in the real-time data infrastructure and analytics market for China’s asset management industry with a market share of 11.6%.

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In 2024, the Group’s clients within diversified industries other than asset management mainly include financial services (other than asset management), city management, manufacturing management and telecommunications, with its services provided to branches of major state-owned telecommunications operators in China.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureSoftware & Services
Major Business AreaChina
Board Lot100
GLOBAL OFFERING
No. of Offer Shares22.50M H shares
No. of International Offer Shares20.25M H shares
No. of HK Offer Shares2.25M H shares
Offer Price$48.00 - $55.00
Stock Code3317
Sponsor(s)Guotai Junan Capital Limited, Guotai Junan Securities (Hong Kong) Limited
Underwriter(s)Guotai Junan Securities (Hong Kong) Limited, Deutsche Bank AG, Hong Kong Branch, Futu Securities International (Hong Kong) Limited, Hong Tai Securities Limited, Orient Securities (Hong Kong) Limited, North Beta International Securities Limited, ICBC International Securities Limited, CCB International Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited, TradeGo Markets Limited, China Merchants Securities (HK) Co., Limited, ABCI Securities Company Limited, BOCOM International Securities Limited, Tiger Brokers (HK) Global Limited
TIME TABLE
Application PeriodDec 18 (Thu) - noon, Dec 23 (Tue)
Price Determination DateDec 24 (Wed)
Result Announcement DateOn or before Dec 29 (Mon)
Result Announcement DateOn or before Dec 29 (Mon)
Result Announcement DateOn or before Dec 30 (Tue)
Dealings in Shares commence onDec 30, 2025. (Tue)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$48.00 - $55.00
Capitalization155.00M - 177.00M
NAV / share ($)$7.38 - $7.84 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 51.5, the net proceeds raised would be HKD 1.04B, of which
65% : Further advance current solutions, develop new solutions, and enhance technology capabilities
15% : Deepen penetration in an array of other industries
10% : Improve marketing capabilities
10% : Working Capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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