Shougang Langze (02553.HK) Hong Kong public offering received a subscription of 1421.54 times, with a net proceeds of approximately 486 million Hong Kong dollars from global offering.

News from the Wise Finance APP, Shougang Langze (02553.HK) announced the results of its distribution, with the company issuing 40 million H shares globally. The public offering in Hong Kong accounts for 15%, while the international offering accounts for 85%. The offering price per share is HK$14.60, with a net fundraising of approximately HK$486 million globally. Each lot consists of 200 shares, and it is expected that the H shares will begin trading on the Hong Kong Stock Exchange on Wednesday, June 3, 2026 at 9:00 a.m. Hong Kong time.