02621 手回集團
SHOUHUI GROUP
SHOUHUI GROUP
| Listing Date | 2025/05/30 Listed Today |
| Listing Price | 8.080 |
Quote
Subscription Result
- Subscription Rate990.00x
- Guarantee One Lot Size250 lot
- One Lot Success Rate5%
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IPO Detail
COMPANY PROFILE
Shouhui Group is a life and health insurance intermediary service provider in China, dedicated to providing insurance service solutions to policyholders and the insured online through life and health insurance transaction and service platforms. The insurance products distributed by the Group, including those jointly developed with insurance companies, are underwritten by insurance companies, and it does not bear any underwriting risks. It mainly offers life and health insurance products, including long-term life insurance products; long-term critical illness insurance products; long-term medical and other insurance products; and short-term insurance products.
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According to the report, the Group ranked eighth in terms of GWP in the life and health insurance intermediary market in China in 2023, with a market share of 2.9%. The Group is the second largest online insurance intermediary in China in terms of GWP of long-term life and health insurance in 2023, with a market share of 7.3%. The Group is the second largest online insurance intermediary in China in terms of FYP of long-term life and health insurance in 2023.
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The Group distribute life and health insurance products through three distribution channels facilitated by its three platforms, namely online direct distribution on Xiaoyusan, distribution via insurance agents on Kachabao, and distribution with the assistance of business partners on Niubao 100. It collaborated with over 110 insurance companies, including over 70% of life and health insurance companies in China.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Insurance |
| Major Business Area | China |
| Board Lot | 400 |
GLOBAL OFFERING
| No. of Offer Shares | 24.36M shares |
| No. of International Offer Shares | 12.18M shares |
| No. of HK Offer Shares | 12.18M shares |
| Offer Price | $6.48 - $8.08 |
| Stock Code | 2621 |
| Sponsor(s) | China International Capital Corporation Hong Kong Securities Limited, Huatai Financial Holdings (Hong Kong) Limited |
| Underwriter(s) | China International Capital Corporation Hong Kong Securities Limited, Huatai Financial Holdings (Hong Kong) Limited, CCB International Capital Limited, CLSA Limited, CMB International Capital Limited, Futu Securities International (Hong Kong) Limited, Patrons Securities Limited, TradeGo Markets Limited, Tiger Brokers (HK) Global Limited, Maxa Capital Limited |
TIME TABLE
| Application Period | May 22 (Thu) - noon, May 27 (Tue) |
| Price Determination Date | May 28 (Wed) |
| Result Announcement Date | On or before May 29 (Thu) |
| Result Announcement Date | On or before May 29 (Thu) |
| Result Announcement Date | On or before May 30 (Fri) |
| Dealings in Shares commence on | May 30, 2025. (Fri) |
Reallocation of Shares Offered
| Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
| % of total shares reallocated to HK Offer | 30% | 40% | 50% |
Sales Statistics (HKD)
| Offer Price | $6.48 - $8.08 |
| Capitalization | 1.47B - 1.83B |
| NAV / share ($) | $5.14 - $5.31 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 7.28, the net proceeds raised would be HKD 116.40M, of which |
| 60% : Strengthening and optimizing sales and marketing network and improving services |
| 20% : Enhancing research and development capabilities and improving technology infrastructure |
| 10% : Used for selected mergers, acquisitions, and strategies |
| 10% : Working capital |
IPO NEWS
| 30/05/2025 16:08 |
| {New Stock}SHOUHUI GROUP(02621) ends down 18.19% at HK$6.61 |
| 30/05/2025 09:20 |
| {New Stock}SHOUHUI GROUP(02621) opens down 7.18% at HK$7.5 |
| 29/05/2025 18:35 |
| {New Stock}SHOUHUI GROUP ends down 1.61% on grey market |
| 29/05/2025 16:20 |
| {New Stock}SHOUHUI GROUP down 9.9% at HK$7.28 on grey market |
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).