Transwarp Technology (Shanghai) Co., Ltd. (SH: 688031) has announced the preliminary price range for its H-share global offering, set between HK$49 and HK$61 per share.
The company plans to issue a base of 14.0108 million H-shares in the global offering, with 700,600 shares, or approximately 5% of the total, initially allocated for the Hong Kong public offering (subject to reallocation), and 13.3102 million shares, or around 95%, designated for the international placement (also subject to reallocation).
The Hong Kong public offering for the H-shares is scheduled to commence on September 11, 2026, and is expected to close on September 16, 2026, with the final offer price to be announced on or before September 17, 2026.
Trading of the company's H-shares on the Stock Exchange of Hong Kong is anticipated to begin on September 21, 2026.