02553 首鋼朗澤
SHOUGANG LANZA
SHOUGANG LANZA
| Register Close | 2026/05/29 IPO Closing in 3 Days |
| Listing Date | 2026/06/03 |
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IPO Detail
COMPANY PROFILE
Beijing Shougang LanzaTech Technology Co. is a company in the carbon capture, utilization and storage industry (CCUS industry), mainly focusing on producing low-carbon products including ethanol and microbial protein through carbon capture and utilization technologies and providing low-carbon integrated solutions. According to the report, the Group is the first company in the CCUS industry utilizing synthetic biotechnology that has been validated to achieve both commercialization and scalability of the production of low-carbon products.
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The Group’s ethanol can be used in automotive fuel, as well as raw materials for the production of perfumes, sports fashion, cleaning agents, packaging materials and other products, its microbial protein is China’s first novel feed protein raw material, which also received the first new product certificate for feed and feed additives under the category of Feed Raw Material ever issued by the Ministry of Agriculture and Rural Affairs of the PRC.
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The Group’s primary revenue is derived from the sale of ethanol and microbial protein, as well as by-products such as biogas and crude alcohol. The Group’s ethanol products were sold directly to major domestic oil and gas companies and through distributors in both PRC and overseas. Microbial protein products were sold through a mix of direct sales and distribution to livestock feed manufacturers.
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As of May 16, 2026, the Group operated four production facilities across three provinces in the PRC: Hebei Shoulang Phase I production facility, Shoulang Jiyuan production facility, Ningxia Binze production facility and Guizhou Jinze production facility. Each of these production facilities produces both ethanol and microbial protein and they have a total annual production capacity of 210,000 tons of ethanol and 23,200 tons of microbial protein.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Chemicals |
| Major Business Area | China |
| Board Lot | 200 |
GLOBAL OFFERING
| No. of Offer Shares | 40.00M H shares |
| No. of International Offer Shares | 36.00M H shares |
| No. of HK Offer Shares | 4.00M H shares |
| Offer Price | $14.60 - $17.10 |
| Stock Code | 2553 |
| Sponsor(s) | Yue Xiu Capital Limited |
| Underwriter(s) | Yue Xiu Securities Company Limited, Mango Financial Limited, Maxa Asset Management Limited, CCB International Capital Limited, Skyvast Securities Limited, GEO Securities Limited, uSmart Securities Limited, CMBC Securities Company Limited, Futu Securities International (Hong Kong) Limited, Livermore Holdings Limited |
TIME TABLE
| Application Period | May 26 (Tue) - noon, May 29 (Fri) |
| Price Determination Date | Jun 01 (Mon) |
| Result Announcement Date | On or before Jun 02 (Tue) |
| Result Announcement Date | On or before Jun 02 (Tue) |
| Result Announcement Date | On or before Jun 03 (Wed) |
| Dealings in Shares commence on | Jun 03, 2026. (Wed) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $14.60 - $17.10 |
| Capitalization | 5.84B - 6.84B |
| NAV / share ($) | $2.95 - $3.19 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 15.85, the net proceeds raised would be HKD 533.00M, of which |
| 24.5% : Used for Hebei Shoulang Phase II facility over the next two years |
| 24.8% : Fund the construction and development of our SAF production facilities in Baotou, Inner Mongolia, China |
| 15.7% : Research and development of bacterial strains, production equipment and process |
| 14.6% : Technological upgrade of four production facilities |
| 9.7% : Development of new products over the next three years |
| 4.3% : Investing in a gas company to be established by the local government in Ningxia Binze to uniformly construct industrial off-gas transmission pipelines and supporting facilities |
| 6.4% : Working capital |
Related Document
| 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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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).