Futu Information News December 17, $ YU CAR INNOVATION (02431.HK) $ Announcement that the Company intends to offer 39.19 million shares worldwide in the public offering from 17 December 2024 to 20 December 2024, which is expected to be listed on 27 December 2024.

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Yui Chui Innovation IPO Basic Info

• Bank Margin Purchase Deadline: 12/20/2024 9:00

• Futu Application Closing Time: 12/20/2024 9:00

• Stock Code: 02431 HK Motherboard

• Public Offering Price: HK$17.0-20.2

• INDUSTRY: AUTOMOTIVE SMARTER, INTELLIGENT DRIVING

• Number of shares issued: 39.19 million shares

• Public Offering: 3.919 million shares

• International offering: 35.271 million shares

• Proposed Amount: HK$0.6659 billion (assuming the right to issue volume adjustment is not exercised, based on the average issue price)

• Margin Rate: 0%

• Number of shares per hand: 200 shares

• Subscription amount: HK$4080.75/hand

• IPO Date: December 17-December 20

• Futu Application Closing Time: December 20, 2024 9:00

• Impeachment Date: December 24

• Listing Date: December 27

Cornerstone Investors

Kang Shing Hang International Investment Co., Ltd., Horizon Together Holding Ltd.

Sponsor

CITIC SECURITIES (HONG KONG) LIMITED, CHINA INTERNATIONAL FINANCE HONG KONG SECURITIES LIMITED

Introduction of Yuchi Innovation Company

YUJIE INNOVATION IS A CHINESE PROVIDER OF SMART DRIVING AND SMART CABIN SOLUTIONS THAT PROVIDE SOLUTIONS FOR KEY PARTS OF THE DRIVING EXPERIENCE INCLUDING NAVIGATION, PARKING AND IN-CABIN CAPABILITIES. WITH ADVANCED R&D AND COMMERCIALIZATION CAPABILITIES, THE COMPANY EMPOWERS SMART CARS TO ENHANCE SAFETY AND DRIVING EXPERIENCE WHILE DRIVING AUTOMATION.

The company offers L0 to L2+ intelligent driving solutions that are self-developed and overproduced and actively developed more advanced autonomous driving technologies. As of the last practicable date, the company has accumulated mass production for 35 automotive original equipment manufacturers. After being laid out in the field of bicycle intelligence and road collaboration, the company aims to create a more comprehensive solution portfolio to meet the diverse needs of its customers and contribute to the creation of an intelligent automotive ecosystem.

Yu-Chien Innovative Financial Information

Read more:Yuwei Innovative Procurement Letter

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