New Stock News | Meika Mand Siasun Robot & Automation (09615) ends its offering, reportedly with margin subscription reaching HKD 456.7 billion, oversubscribed by over 3,800 times.

Meikaman Siasun Robot & Automation (09615) From August 24 to 27, the company is conducting its public offering. As of 11 AM on August 27, Meikaman Siasun Robot & Automation's public offering segment recorded subscription amounts of HKD 347.22 billion in margin, representing an oversubscription of 2,949.8 times with respect to the public fundraising amount of HKD 120 million. Additionally, according to market news, its public offering segment received subscriptions from 254,000 investors, with an oversubscription of 3,843 times, involving HKD 456.7 billion. Meikaman Siasun Robot & Automation plans to issue 23.141 million H-shares, with 5% available for public offering in Hong Kong. The offer price ranges from HKD 95.3 to 101.7, aiming to raise up to HKD 2.35 billion, with a minimum investment of 30 shares, totaling an entry fee of HKD 3,081.8. Meikaman Siasun Robot & Automation is expected to be listed for trading on September 1, with China Securities Co., Ltd. International and CITIC SEC acting as joint sponsors. According to the prospectus, Meikaman is an intelligent Siasun Robot & Automation component supplier, and its products have been deployed in the equipment used by end customers in their production and operational processes, primarily serving clients from the automotive, new energy, consumer electronics, logistics, education, and general manufacturing industries. In terms of financials, for the fiscal years 2023, 2024, 2025, and the three months ending March 31, 2026, the companys total revenue was approximately RMB 180.8 million, RMB 268.8 million, RMB 388.8 million, and RMB 106.9 million, respectively. During the same period, the recorded losses were approximately RMB 401 million, RMB 283.3 million, RMB 360.2 million, and RMB 56.8 million.