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02580 奧克斯電氣
AUX ELECTRIC
Register Close2025/08/28    IPO Closing Today
Listing Date2025/09/02
COMPANY PROFILE

Aux Electric Co. is one of the global top five air conditioner providers, with capabilities covering the design, R&D, production, sales and related services of household and central air conditioners.

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The Group’s operations covering over 150 countries and regions worldwide. In 2024, the Group is the fifth largest air conditioner provider in the global market in terms of sales volume with a market share of 7.1% and the largest mass-market household air conditioner brand in China, in terms of sales volume with a market share of 25.7%, according to the report.

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The Group have leveraged its master brand “AUX” to build its presence in both domestic and overseas markets, and further enhance its market penetration through a multi-brand strategy. The Group have developed the brands “Hutssom” and “AUFIT” and introduced premium brands such as ShinFlow.

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The Group primarily generated revenue from sales of products, including household air conditioners and central air conditioners. The Group’s customers were mainly distributors and ODM customers.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHousehold Appliances & Electronics
Major Business AreaGlobal
Board Lot200
GLOBAL OFFERING
No. of Offer Shares207.16M shares
No. of International Offer Shares196.80M shares
No. of HK Offer Shares10.36M shares
Offer Price$16.00 - $17.42
Stock Code2580
Sponsor(s)China International Capital Corporation Hong Kong Securities Limited
Underwriter(s)China International Capital Corporation Hong Kong Securities Limited, Orient Securities (Hong Kong) Limited, ABCI Securities Company Limited, ICBC International Securities Limited, Futu Securities International (Hong Kong) Limited
TIME TABLE
Application PeriodAug 25 (Mon) - noon, Aug 28 (Thu)
Price Determination DateAug 29 (Fri)
Result Announcement DateOn or before Sep 01 (Mon)
Result Announcement DateOn or before Sep 01 (Mon)
Result Announcement DateOn or before Sep 02 (Tue)
Dealings in Shares commence onSep 02, 2025. (Tue)
Reallocation of Shares Offered
Times of HK Offer Shares Subscription15X - 50X50X - 100XOver 100X
% of total shares reallocated to HK Offer15%25%35%
Sales Statistics (HKD)
Offer Price$16.00 - $17.42
Capitalization24.91B - 27.13B
NAV / share ($)$5.22 - $5.4 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 16.71, the net proceeds raised would be HKD 3.29B, of which
20% : Worldwide research and development efforts
50% : Upgrading intelligent manufacturing system and supply chain management
20% : Enhancing sales and distribution channels
10% : Working capital
Related Document
Remark: The above information is referenced from the prospectus.
  All data is calculated from the non- exercise rights(if applicable).
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