QINGSONG HEALTH starts its IPO today with an entry fee of HKD 4,581.75

AASTOCKS
2025.12.15 01:30

QINGSONG HEALTH (02661.HK) today (15th) starts its IPO, offering a total of 26.54 million shares, of which 2.654 million shares are for public offering in Hong Kong. The offer price per share is HKD 22.68, with a minimum subscription of 200 shares, resulting in an entry fee of HKD 4,581.75, aiming to raise HKD 600 million. The subscription period ends on December 18th, with listing expected on the 23rd of this month.

The company has introduced AoQin HeMing as a cornerstone investor, with a total investment of approximately RMB 100 million. The company plans to use about 40% of the net proceeds to enhance brand awareness, increase user engagement, and strengthen cooperation with business partners; about 20% for medical research and real-world studies; about 20% to enhance the company's technological capabilities in AI and big data for broader application in its products and services; about 10% to expand into more regions and overseas markets; and about 10% for working capital and other general corporate purposes