06715 鱘龍科技
XUNLONG SCITECH
XUNLONG SCITECH
| Register Close | 2026/06/25 IPO Closing in 3 Days |
| Listing Date | 2026/06/30 |
|
|
|
|
|
|
|
|
|
|
IPO Detail
COMPANY PROFILE
Hangzhou Qiandaohu Xunlong Sci-tech Co. is the world’s largest caviar company. The Group has built an integrated sturgeon and caviar value chain encompassing sturgeon breeding and aquaculture, caviar processing, and sales and marketing, and has established an international caviar brand KALUGA QUEEN (卡露伽).
--
According to the report, the Group ranked first in the global caviar market by sales volume for 11 consecutive years since 2015. The Group’s caviar sales volume accounted for over 30% of the global caviar market from 2021 to 2025, reaching 36.1% in 2025, which was more than four times that of the second largest player.
--
The Group’s customers mainly comprise overseas caviar houses and fine food companies, and restaurants, hotels and supermarkets in China. As of June 13, 2026, the Group’s products were sold to 46 countries and regions across Europe, America and Asia-Pacific.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Food & Beverages |
| Major Business Area | Global |
| Board Lot | 100 |
GLOBAL OFFERING
| No. of Offer Shares | 16.33M H shares |
| No. of International Offer Shares | 14.70M H shares |
| No. of HK Offer Shares | 1.63M H shares |
| Offer Price | $75.50 |
| Stock Code | 6715 |
| Sponsor(s) | CITIC Securities (Hong Kong) Limited, China Securities (International) Corporate Finance Company Limited |
| Underwriter(s) | CLSA Limited, China Securities (International) Corporate Finance Company Limited, China Industrial Securities International Capital Limited, Huafu International Securities Limited |
TIME TABLE
| Application Period | Jun 22 (Mon) - noon, Jun 25 (Thu) |
| Price Determination Date | -- |
| Result Announcement Date | On or before Jun 29 (Mon) |
| Result Announcement Date | On or before Jun 29 (Mon) |
| Result Announcement Date | On or before Jun 30 (Tue) |
| Dealings in Shares commence on | Jun 30, 2026. (Tue) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $75.50 |
| Capitalization (H Shares) | 1.23B |
| NAV / share ($) | $32.7 (Unaudited pro forma adj NAV / share) |
Use Of Proceeds
| Assuming the offer price being at HKD 75.5, the net proceeds raised would be HKD 1.15B, of which |
| 40% : Expansion of aquaculture and production capacity and technological upgrades of existing aquaculture and processing bases |
| 20% : Brand marketing initiatives and the expansion of global sales channels |
| 15% : Upgrade digital information systems to drive ongoing innovation and enhance the infrastructure |
| 15% : Strategic investment and acquisition |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
Name︰
--
--
--
Subscription --
Result Announcement --
Listing --Offer Price︰--
| Currency | : |
| Listing Price | : |
| Board Lot | : |
| Admission Fee* |
: |
| Subscribing Lot | : |
| Subscribing Fee | : |
| Subscribing Amount | : |
*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).