GF Securities (Hong Kong) Helps Shanghai Voicecomm Information Technology Float Shares on HKEX

2024-07-10 11:41 GF Securities (Hong Kong)

On July 10, 2024, Shanghai Voicecomm Information Technology Co., Ltd. (stock code: 2495.HK) (hereinafter referred to as the "Company") successfully listed on the Main Board of the Hong Kong Stock Exchange, with GF Securities (Hong Kong) acting as the joint bookrunner and joint lead manager for the issuance. The global offering of the Company accounted for 12.3% of the total issued share capital after expansion (before the green shoe option), with an issue price of HK$152.10 per H share, raising total proceeds of approximately HK$664 million (before the green shoe option).

The Company is an information technology solution provider in China, providing services to enterprise-level customers based on the Company's technology, to enhance the convenience and intelligence of their information exchange and business interaction. The Company's solutions are built on its core technologies, including core interactive artificial intelligence technology, integrated communication technology, and other artificial intelligence and computing technologies, and are mainly provided to four major end-customer industries (namely, urban management and administration, automotive and transportation, telecommunications, and finance).
Calculated based on 2023 revenue, the Company ranks second in the full-stack interactive artificial intelligence solution market for Chinese enterprises, with a market share of 3.8%. According to the same data source and using the same metrics, the Company ranks sixth in the interactive artificial intelligence solution market for Chinese enterprises, with a market share of 1.3%, and has a 1.2% market share in the entire interactive artificial intelligence solution market in China, reaching RMB67.8 billion in 2023.
Leveraging its rich project experience and solid professional capabilities, GF Securities (Hong Kong) actively participated in the market promotion work at the key stages and time points of the Company's listing, establishing good communication channels with investors. At the same time, it efficiently mobilized the resources and advantages of the entire GF Securities (Hong Kong) platform, actively participated in the book-building process, and helped the Company successfully complete the book-building coverage and successful listing.
Looking forward, GF Securities (Hong Kong) will uphold its global perspective and wholeheartedly provide high-quality investment banking services across the entire industry chain and life cycle, and will continue to escort more outstanding Chinese companies in their deep exploration of the overseas capital markets.
 
Note: The "GF Securities (Hong Kong)" mentioned in this article refers to GF Holdings (Hong Kong) Corporation Limited and/or its relevant subsidiaries established in Hong Kong.
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