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IPO Detail
02206 新荷花
NEAUTUS
Listing Date2026/11/11    Listed Today
Listing Price40.200
Grey Market Performance
Last updated: 10/11/2026 13:00
  • Bright Smart
    up 49.720 +9.520 (+23.682%)
    High
    120.000
     
    Low
    47.000
    Volume
    5,800
    One Lot Profit
    +476.00
  • Phillip
    up 49.540 +9.340 (+23.234%)
    High
    119.900
     
    Low
    47.500
    Volume
    603,000
    One Lot Profit
    +467.00
  • Futu
    up 50.550 +10.350 (+25.746%)
    High
    122.000
     
    Low
    40.220
    Volume
    613,200
    One Lot Profit
    +517.50
 
Quote
Subscription Result
  • Subscription Rate
    2,190.99x
  • Guarantee One Lot Size
    4000 lot
  • One Lot Success Rate
    2.01%
COMPANY PROFILE

Sichuan Neautus Traditional Chinese Medicine Co., Ltd. is a large-scale traditional Chinese medicine (TCM) decoction-ready products provider in China. It rank second in China in terms of revenue from TCM decoction-ready products in 2025, capturing a market share of 0.4% , according to Frost & Sullivan.

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The Group serves a broad range of institutional and retail clients - including hospitals and medical institutions, medical trading companies, pharmacies, pharmaceutical companies and, more recently, individual consumers - with traditional herbal preparations, wellness products and health management services. It offered over 770 types and 4,900 varieties of decoction-ready products, encompassing all major medicines used in TCM industry.

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As of October 21, 2026，The Group's footprint extends across most provinces in Mainland China, as well as Hong Kong and Taiwan, and overseas into regions with strong TCM demand, such as Vietnam and Malaysia.

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The Group's customers are mainly hospitals and medical institutions, medical trading companies, pharmacies, and pharmaceutical companies.

BASIC INFORMATION
MarketHong Kong (Main Board)
Business NatureHealth Care
Major Business AreaChina
Board Lot50
GLOBAL OFFERING
No. of Offer Shares6.52M H shares
No. of International Offer Shares5.87M H shares
No. of HK Offer Shares0.65M H shares
Offer Price$40.20 - $50.55
Stock Code2206
Sponsor(s)GF Capital (Hong Kong) Limited, ABCI Capital Limited
Underwriter(s)GF Securities (Hong Kong) Brokerage Limited, ABCI Securities Company Limited, ICBC International Securities Limited, CMBC Securities Company Limited, uSmart Securities Limited, Tiger Brokers (HK) Global Limited, Zhongtai International Securities Limited, BOCI Asia Limited, SDIC Securities (Hong Kong) Limited
TIME TABLE
Application PeriodOct 30 (Fri) - noon, Nov 06 (Fri)
Price Determination DateNov 09 (Mon)
Result Announcement DateOn or before Nov 10 (Tue)
Result Announcement DateOn or before Nov 10 (Tue)
Result Announcement DateOn or before Nov 11 (Wed)
Dealings in Shares commence onNov 11, 2026. (Wed)
Reallocation of Shares Offered
Sales Statistics (HKD)
Offer Price$40.20 - $50.55
Capitalization (H Shares)2.62B - 3.29B
NAV / share ($)$14.32 - $15.3 (Unaudited pro forma adj NAV / share)
Use Of Proceeds
Assuming the offer price being at HKD 45.38, the net proceeds raised would be HKD 229.70M, of which
33.4% : Expand production capacity of TCM decoction-ready products and enhancing production system with digital and intelligent capabilities
29% : Sales and marketing activities
11.4% : R&D of herbal wellness product tailored for individual customers; and establish to-C operating team
10.2% : Building overseas sales channels in Vietnam and Malaysia
6% : Strategic investments and potential acquisitions, with a focus on upstream TCM supply chain
10% : Working capital
IPO NEWS
10/11/2026 18:35
{New Stock}NEAUTUS ends up 23.23% at HK$49.54 on grey market
10/11/2026 16:20
{New Stock}NEAUTUS up 128.73% at HK$91.95 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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