ChainCatcher report: Storage module manufacturer Jiangbo Long (301308.SZ) listed today on the Main Board of the Hong Kong Stock Exchange under the stock code 09976.HK, with an offering price of HK$236 per share, establishing an A+H dual-listing structure. The company globally offered 26.0778 million H-shares, including 2.6078 million for public offering in Hong Kong and 23.47 million for international placement, with an over-allotment option available. Each lot consists of 50 shares, with an entry fee of approximately HK$12,151.32. Based on the highest offering price of HK$240.60, the net proceeds are estimated at approximately HK$6.02 billion. According to the prospectus, Jiangbo Long achieved revenue of RMB24.088 billion in the first half of 2026, representing a 136.3% year-over-year increase; gross profit margin rose from 11.0% in the same period last year to 58.2%, with net profit reaching RMB10.718 billion compared to RMB0.41 billion in the prior-year period.
Jiangbo Long lists on the Hong Kong Exchange at 236 HKD per share
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Summary
Jiangbo Long (301308.SZ) listed on the Hong Kong Stock Exchange at HKD 236 per share, establishing an A+H dual listing structure. The company issued 26,077,800 H-shares globally, including 2,607,800 in the Hong Kong public offering and 23,470,000 in the international placement. Each lot consists of 50 shares, costing approximately HKD 12,151.32. At the top price of HKD 240.60, net proceeds reached HKD 6.02 billion. On-chain trading data shows Jiangbo Long reported revenue of CNY 24.088 billion in the first half of 2026, a 136.3% increase, with gross margin rising from 11.0% to 58.2%. Profit for the period reached CNY 10.718 billion, a significant jump from CNY 0.41 billion in the prior year. This listing reinforces long-term investment potential in the sector.
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