Jinyan Kaolinite New Materials (02693.HK): Hong Kong public offering oversubscribed 6,876.17 times with an offer price of HK$7.3 per share.

Wisdom Finance App News, Jin Yan High Ridge New Materials (02693.HK) announced the results of the distribution, with the company issuing 24.3 million H shares globally. The public offering in Hong Kong accounts for 10% and the international offering accounts for 90%. The offer price per share is 7.3 Hong Kong dollars, with a net raise of approximately 124 million Hong Kong dollars from the global offering. Trading of H shares is expected to begin on December 3, 2025 (Wednesday) at 9:00 am on the Hong Kong Stock Exchange.