Tungray New Materials (09607) plans a global offering of 68.1187 million shares, introducing cornerstone investors including CNCB Investment and Prinx Chengshan Hong Kong.

Zhito Finance APP News: Red Avenue New Materials (09607) is conducting an IPO from September 21, 2026 to September 24, 2026, proposing to globally offer 68,118,700 H shares, with the Hong Kong public offering accounting for approximately 10% and the international offering accounting for approximately 90%. The offer price is HK$39.00-HK$44.00 per offer share, with a board lot of 100 shares. The H shares are expected to commence trading on the Stock Exchange at 9:00 a.m. on September 29, 2026.