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IPO Detail
01187 可孚醫療
COFOE MEDICAL
Listing Date2026/05/06    Listed Today
Listing Price39.330
Grey Market Performance
Last updated: 05/05/2026 21:00
  • Bright Smart
    up 39.740 +0.410 (+1.042%)
    High
    45.000
     
    Low
    38.400
    Volume
    55,400
    One Lot Profit
    +41.00
  • Phillip
    up 40.020 +0.690 (+1.754%)
    High
    45.200
     
    Low
    39.300
    Volume
    1,030,000
    One Lot Profit
    +69.00
  • Futu
    up 40.200 +0.870 (+2.212%)
    High
    45.000
     
    Low
    39.420
    Volume
    1,797,900
    One Lot Profit
    +87.00
 
Quote
Subscription Result
  • Subscription Rate
    399.08x
  • Guarantee One Lot Size
    2000 lot
  • One Lot Success Rate
    5%
COMPANY PROFILE

Cofoe Medical Technology Co. is a provider of home care medical devices in China. According to the report, in terms of the 2024 domestic revenue, the Group ranked second among all home care medical devices providers in China, with a market share of 2.1%.

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The Group strategically focuses on five main categories of home care medical devices that it believes enjoy strong growth potential and significant market demands in line. These include rehabilitation aids products, medical care products, health monitoring products, respiratory support products and TCM therapy and other products.

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As of March 9, 2026, the Group’s product portfolio encompassed over 200 product categories with over ten thousand SKUs, it primarily had 11 proprietary brands and sold products mainly under 16 third-party brands. The Group generated revenue primarily from the sales of medical and wellness products, OEM/ODM business and others.

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As of December 31, 2025, the Group held 699 patents, had four major manufacturing bases in China and 668 self-owned stores, among which, 618 of them were its “JOYOR HearingCare” centers, covering 128 cities across China. The Group’s customers primarily include e-commerce platforms, pharmacy chains, distributors and individual consumers.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHealth Care
Major Business AreaChina
Board Lot100
GLOBAL OFFERING
No. of Offer Shares27.00M H shares
No. of International Offer Shares24.30M H shares
No. of HK Offer Shares2.70M H shares
Offer Price$39.33
Stock Code1187
Sponsor(s)Huatai Financial Holdings (Hong Kong) Limited, BNP Paribas Securities (Asia) Limited
Underwriter(s)Huatai Financial Holdings (Hong Kong) Limited, BNP Paribas Securities (Asia) Limited, Futu Securities International (Hong Kong) Limited
TIME TABLE
Application PeriodApr 27 (Mon) - noon, Apr 30 (Thu)
Price Determination DateMay 04 (Mon)
Result Announcement DateOn or before May 05 (Tue)
Result Announcement DateOn or before May 05 (Tue)
Result Announcement DateOn or before May 06 (Wed)
Dealings in Shares commence onMay 06, 2026. (Wed)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$39.33
Capitalization14.08B
NAV / share ($)$26.32 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 39.33, the net proceeds raised would be HKD 1.01B, of which
30% : Used for global expansion
30% : Ongoing product research and development and technological innovation, including our AI and Internet of Things applications
20% : Expanding domestic sales channels and distribution network
10% : Branding and marketing activities
10% : Working capital
IPO NEWS
05/05/2026 18:35
{New Stock}COFOE MEDICAL(01187) ends up 1.75% on grey market
05/05/2026 16:20
{New Stock}COFOE MEDICAL up 3.23% at HK$40.6 on grey market
Related Document
Prospectus Prospectus  Chinese VersionProspectus  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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