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SICC Co., Ltd. Capital/Financing Update 2025
50726_rns_2025-08-14_a2af6949-ff1e-431e-8d5d-6e103fce8cf9.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and Hong Kong Securities Clearing Company Limited ("HKSCC") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities. This announcement is not a prospectus. Potential investors should read the prospectus dated August 11, 2025 (the "Prospectus") issued by SICC CO., LTD. (山東天岳先進科技股份有限公司) (the "Company") for detailed information about the Global Offering described below before deciding whether or not to invest in the H Shares thereby being offered. Any investment decision in relation to the Offer Shares should be taken solely in reliance on the information in the Prospectus.
Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those defined in the Prospectus.
SICC CO., LTD.
山東天岳先進科技股份有限公司
(A joint stock company established in the People's Republic of China with limited liability)
POSTPONEMENT OF EXPECTED TIMETABLE OF THE GLOBAL OFFERING DUE TO BAD WEATHER
Reference is made to the Prospectus and the formal notice of the Company dated August 11, 2025 (the "Formal Notice"). Unless otherwise stated, terms used in this announcement shall have the same meanings as defined in the Prospectus and the Formal Notice.
Due to the black rainstorm warning and extreme conditions caused by the bad weather in the morning on August 14, 2025, the expected timetable of the Global Offering as set out in the Prospectus and the Formal Notice will be accordingly postponed. The Company hereby announces that an updated expected timetable will be adopted for the Global Offering, details of which are set out as follows.
EXPECTED TIMETABLE
Date(1)
Hong Kong Public Offering commences... 9:00 a.m. on
Monday, August 11, 2025
Latest time for completing electronic applications under the White
Form eIPO service through the designated website
www.eipo.com.hk... 11:30 a.m. on
Friday, August 15, 2025
Application lists open... 11:45 a.m. on
Friday, August 15, 2025
Latest time for (a) completing payment of White Form eIPO applications
by effecting internet banking transfer(s) or PPS payment transfer(s) and (b)
giving electronic application instructions to HKSCC
12:00 noon on
Friday, August 15, 2025
If you are instructing your broker or custodian who is a HKSCC Participant will submit electronic
application instruction on your behalf through HKSCC’s FINI system in accordance with your instruction,
you are advised to contact your broker or custodian for the earliest and latest time for giving such
instructions, as this may vary by broker or custodian.
Application lists close... 12:00 noon on
Friday, August 15, 2025
Expected Price Determination Date... by 12:00 noon on
Monday, August 18, 2025
Announcement of the Offer Price on the Company’s website at
www.sicc.cc and the website of the Stock Exchange at
www.hkexnews.hk... no later than 11:00 p.m. on
Tuesday, August 19, 2025
Announcement of the level of indications of interest in the
International Offering, the level of applications in the Hong Kong
Public Offering and the basis of allocation of the Offer Shares on the
Company’s website at www.sicc.cc and the website of the Stock
Exchange at www.hkexnews.hk... no later than 11:00 p.m. on
Tuesday, August 19, 2025
The results of allocations in the Hong Kong Public Offering (with successful applicants’ identification document numbers, where appropriate) to be available through a variety of channels, including:
-
in the announcement to be posted on the Company’s website and the website of the Stock Exchange at www.sicc.cc and www.hkexnews.hk, respectively, …………………… no later than 11:00 p.m. on Tuesday, August 19, 2025
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from the designated results of allocations website at www.iporesults.com.hk (alternatively: www.eipo.com.hk/eIPOAllotment) with a “search by ID” function from …………………… 11:00 p.m. on Tuesday, August 19, 2025 to 12:00 midnight on Monday, August 25, 2025
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from the allocation results telephone inquiry by calling +852 2862 8555 between 9:00 a.m. and 6:00 p.m. …………………… on Wednesday, August 20, 2025, Thursday, August 21, 2025, Friday, August 22, 2025 and Monday, August 25, 2025
H Share certificates in respect of wholly or partially successful applications to be dispatched or deposited into CCASS on or before …………………… Tuesday, August 19, 2025
White Form e-Refund payment instructions/refund checks in respect of wholly or partially successful applications if the final Offer Price is less than the maximum Offer Price per Offer Share initially paid on application (if applicable) or wholly or partially unsuccessful applications to be dispatched/collected on or before …………………… Wednesday, August 20, 2025
Dealings in the Shares on the Stock Exchange expected to commence at …………………… 9:00 a.m. on Wednesday, August 20, 2025
Note:
- All times and dates refer to Hong Kong local times and dates unless otherwise stated.
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ELECTRONIC APPLICATION CHANNELS
To apply for Hong Kong Offer Shares, you may use one of the following application channels:
| Application Channel | Platform | Target Investors | Application Time |
|---|---|---|---|
| White Form eIPO service | www.eipo.com.hk | Investors who would like to receive a physical H Share certificate. Hong Kong Offer Shares successfully applied for will be allotted and issued in your own name. | From 9:00 a.m. on Monday, August 11, 2025 to 11:30 a.m. on Friday, August 15, 2025, Hong Kong time. |
| The latest time for completing full payment of application monies will be 12:00 noon on Friday, August 15, 2025, Hong Kong time. | |||
| HKSCC EIPO channel | Your broker or custodian who is a HKSCC Participant will submit electronic application instruction(s) on your behalf through HKSCC’s FINI system in accordance with your instruction. | Investors who would not like to receive a physical H Share certificate. Hong Kong Offer Shares successfully applied for will be allotted and issued in the name of HKSCC Nominees, deposited directly into CCASS and credited to your designated HKSCC Participant’s stock account. | Contact your broker or custodian for the earliest and latest time for giving such instructions, as this may vary by broker or custodian. |
For those applying through the White Form eIPO service, the application monies (including brokerage, SFC transaction levy, AFRC transaction levy and Stock Exchange trading fee) will be held by the receiving banks on behalf of the Company and the refund monies, if any, will be returned to you without interest on Wednesday, August 20, 2025. Investors should be aware that the dealings in the H Shares on the Stock Exchange are expected to commence on Wednesday, August 20, 2025.
Please refer to the sections headed "Structure of the Global Offering" and "How to Apply for Hong Kong Offer Shares" in the Prospectus for details of the conditions and procedures of the Hong Kong Public Offering.
Application for the Hong Kong Offer Shares will only be considered on the basis of the terms and conditions set out in the Prospectus, and on the designated website at www.eipo.com.hk for the White Form eIPO service.
PUBLICATION OF RESULTS
The Company expects to announce the level of indications of interest in the International Offering, the level of applications in the Hong Kong Public Offering and the basis of allocation of the Hong Kong Offer Shares on the Stock Exchange's website at www.hkexnews.hk and the Company's website at https://www.sicc.cc by no later than 11:00 p.m. on Tuesday, August 19, 2025 (Hong Kong time). The results of allocations and the Hong Kong identity card/passport/Hong Kong business registration/certificate of incorporation numbers of successful applicants under the Hong Kong Public Offering will be available through a variety of channels at the times and dates and in the manner specified in the section headed "How to Apply for Hong Kong Offer Shares — B. Publication of Results" in the Prospectus. If an application is rejected, not accepted or accepted in part only, or if the conditions of the Global Offering as set out in the section headed "Structure of the Global Offering — Conditions of the Global Offering" in the Prospectus are not satisfied or if any application is revoked, the application monies, or the appropriate portion thereof, together with the related brokerage, SFC transaction levy, AFRC transaction levy and Stock Exchange trading fee, will be refunded, without interest.
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No temporary document of title will be issued in respect of the H Shares. No receipt will be issued for sums paid on application. H Share certificates will only become valid evidence of title at 8:00 a.m. on Wednesday, August 20, 2025 (Hong Kong time), provided that the Global Offering has become unconditional and the right of termination described in the section headed "Underwriting" in the Prospectus has not been exercised. Investors who trade H Shares prior to the receipt of H Share certificates or the H Share certificates becoming valid do so entirely at their own risk. Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. in Hong Kong on Wednesday, August 20, 2025, it is expected that dealings in the H Shares on the Stock Exchange will commence at 9:00 a.m. on Wednesday, August 20, 2025. The H Shares will be traded in board lots of 100 H Shares each and the stock code of the H Shares will be 2631. This announcement is available for viewing on the website of the Company at www.sicc.cc and the website of the Stock Exchange at www.hkexnews.hk.
By order of the Board
SICC CO., LTD.
Mr. Zong Yanmin
Chairman of the Board, Executive Director and General Manager
Hong Kong, August 14, 2025
As at the date of this announcement, the Board comprises: (i) Mr. Zong Yanmin, Mr. Gao Chao and Mr. Wang Junguo as executive Directors; (ii) Mr. Qiu Yufeng, Ms. Li Wanyue and Mr. Fang Wei as non-executive Directors; and (iii) Mr. Li Honghui, Ms. Liu Hua and Mr. Lai Kwok Hung Alex as independent non-executive Directors.
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