02569 舒寶國際
SOFT INTL
SOFT INTL
| Register Close | 2025/03/24 IPO Closing in 4 Days |
| Listing Date | 2025/03/27 |
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IPO Detail
COMPANY PROFILE
Soft International Group is principally engaged in the development, manufacture and sale of personal hygienic disposables, such as babycare, feminine care and adult incontinence products based in China, specialising in babycare category for emerging markets in Eurasia.
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The Group was ranked as the second largest exporter of babycare disposable hygienic products from China to Russia in terms of export value in 2023, with a market share of approximately 3.7% of the export value of babycare hygienic disposables in 2023 according to the Frost & Sullivan Report.
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It generated revenue primarily through two main business segments: Contract Manufacturing, which contributed the majority of revenue; and Branded Product Business, which contributed to a lesser extent.
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Its customers can be broadly categorised into two main types: business customers including several top-tier children’s goods retailers and established babycare brand owners and their dealers primarily in Russia, China and Southeast Asia; and end consumers of branded products primarily in China.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Household & Personal Products |
| Major Business Area | China |
| Board Lot | 5000 |
GLOBAL OFFERING
| No. of Offer Shares | 250.00M shares |
| No. of International Offer Shares | 225.00M shares |
| No. of HK Offer Shares | 25.00M shares |
| Offer Price | $0.50 - $0.60 |
| Stock Code | 2569 |
| Sponsor(s) | Sunny Fortune Capital Limited |
| Underwriter(s) | Sunny Fortune Capital Limited, Yue Xiu Securities Company Limited, CMBC Securities Company Limited, Hung Sing Securities Limited, Yuet Sheung International Securities Limited, Zhongtai International Securities Limited, ZMF Asset Management Limited, China Sunrise Securities (International) Limited |
TIME TABLE
| Application Period | Mar 19 (Wed) - noon, Mar 24 (Mon) |
| Price Determination Date | Mar 25 (Tue) |
| Result Announcement Date | On or before Mar 26 (Wed) |
| Result Announcement Date | On or before Mar 26 (Wed) |
| Result Announcement Date | On or before Mar 27 (Thu) |
| Dealings in Shares commence on | Mar 27, 2025. (Thu) |
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 | $0.50 - $0.60 |
| Capitalization | 500.00M - 600.00M |
| NAV / share ($) | $0.47 - $0.49 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 0.55, the net proceeds raised would be HKD 96.00M, of which |
| 29.2% : Acquiring machineries for establishing additional babycare and feminine careproduct production lines |
| 26% : Acquiring machineries for establishing additional nonwoven fabric production lines |
| 17.1% : Enhancing branding, marketing and promotion activities |
| 17.7% : Upgrading warehouse and investment in IT infrastructure |
| 10% : Working capital |
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).