EDA GROUP HLDGS
Listing Date | 2024/05/28 |
Listing Price | 2.280 |
- Subscription Rate103.44x
- Guarantee One Lot Size40 lot
- One Lot Success Rate10.01%
Listing Date | 2024/05/28 |
Listing Price | 2.280 |
EDA Group Holdings is a one-stop end-to-end supply chain solutions provider for e-commerce vendors, empowering the B2C export e-commerce industry in the PRC.
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According to report, in terms of revenue in 2023, the Group ranked sixth among all B2C export e-commerce supply chain solutions providers primarily utilizing pre-sale stocking model in the PRC, with a market share of approximately 0.5%. It accounted for approximately 0.1% of the entire export e-commerce supply chain solutions market in the PRC in 2023.
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The Group offers supply chain solutions which encompass cross-border logistics, overseas warehousing and fulfillment delivery services that are integrated into EDA Cloud, its self-developed cloud platform which houses a comprehensive range of digital supply management tools. Majority of its customers procured from them one-stop end-to-end supply chain solutions comprising of “first-mile” international freight services and “last-mile” fulfillment services.
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The Group serve customers who are primarily PRC-based B2C export e-commerce vendors which are brand-owners and manufacturers.
Market | Hong Kong (Main Board) |
Business Nature | Transportation |
Major Business Area | China |
Board Lot | 1000 |
No. of Offer Shares | 97.63M shares |
No. of International Offer Shares | 82.78M shares |
No. of HK Offer Shares | 14.84M shares |
Offer Price | $2.28 - $3.06 |
Stock Code | 2505 |
Sponsor(s) | CMB International Capital Limited |
Underwriter(s) | CMB International Capital Limited, ABCI Securities Company Limited, BOCI Asia Limited, CEB International Capital Corporation Limited, China Galaxy International Securities (Hong Kong) Co., Limited, Quam Securities Limited, Eddid Securities and Futures Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited, Patrons Securities Limited, Ruibang Securities Limited |
Application Period | May 20 (Mon) - noon, May 23 (Thu) |
Price Determination Date | May 24 (Fri) |
Result Announcement Date | On or before May 27 (Mon) |
Result Announcement Date | On or before May 27 (Mon) |
Result Announcement Date | On or before May 28 (Tue) |
Dealings in Shares commence on | May 28, 2024. (Tue) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $2.28 - $3.06 |
Capitalization | 1.00B - 1.35B |
NAV / share ($) | $0.91 - $1.08 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 2.67, the net proceeds raised would be HKD 203.00M, of which |
62% : Enhance global logistics network though asset-light model |
16% : Revamp EDA Cloud platform |
16% : Strengthen market presence |
6% : Working capital |
Prospectus | Chinese Version | English Version |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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