Jiang Bolong Lists on Hong Kong Stock Exchange with Strong Financial Performance
Jiang Bolong, a manufacturer of storage modules, has officially listed on the main board of the Hong Kong Stock Exchange under the stock code 09976.HK. The company set its offering price at 236 Hong Kong dollars per share, marking the establishment of an A+H dual listing structure. In total, Jiang Bolong offered 26.0778 million H shares, which included 2.6078 million shares available for public offering in Hong Kong and 23.47 million shares for international investors, along with an over-allotment option.
The entry fee for investors is approximately 12,151.32 Hong Kong dollars for a lot consisting of 50 shares. If the stock reaches its highest offering price of 240.60 Hong Kong dollars, the company could raise around 6.02 billion Hong Kong dollars through this listing.
Financial results disclosed in the prospectus reveal that Jiang Bolong achieved a revenue of 24.088 billion yuan in the first half of 2026, representing a significant year-on-year increase of 136.3%. The company's gross profit margin also saw a substantial rise, climbing from 11.0% in the same period last year to 58.2%. Additionally, Jiang Bolong reported a profit of 10.718 billion yuan for the period, a dramatic increase from just 0.041 billion yuan in the previous year.
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Source: KLEA News