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China's First AI Parking Stock, KEYTOP PARKING INC. Launches Global Offering
China's First AI Parking Stock, KEYTOP PARKING INC. Launches Global Offering

BriefingWire.com, 6/22/2026 - Offering Highlights:

- The Hong Kong Public Offer will close at 12:00 noon on Tuesday, June 23, 2026 (applications via White Form eIPO service will close at 11:30 a.m. on the same day);

- Total number of Offer Shares under the Global Offering: 10,112,280 H Shares (subject to the Over-allotment Option);

- Number of Hong Kong Offer Shares: 1,011,240 H Shares (subject to reallocation);

- Number of International Placing Shares: 9,101,040 H Shares (subject to reallocation and the Over-allotment Option);

- Offer Price: HK$39.55 per Offer Share;

- Board lot size for trading: 60 H Shares per board lot;

- Maximum net proceeds from the Global Offering: approximately HK$339.9 million (before the exercise of any Over-allotment Option);

- Expected listing date on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”): Friday, June 26, 2026.

- Joint Sponsors: China International Capital Corporation Hong Kong Securities Limited and CMBC International Capital Limited.

KEYTOP PARKING INC. (“Keytop” or “the Company”, stock code: 2272.HK) officially launched its global offering on June 17, 2026. China International Capital Corporation Hong Kong Securities Limited and CMBC International Capital Limited act as the Joint Sponsors of the offering. China International Capital Corporation Hong Kong Securities Limited, CMBC International Capital Limited, SDIC Securities (Hong Kong) Limited and Skyvast Securities Limited serve as the Joint Global Coordinators.

KEYTOP PARKING INC., a leading player in China’s smart parking space operation industry, is a premier AI smart parking service provider to be listed in Hong Kong. The Company principally engages in three core business segments: smart parking systems, smart parking management services, and parking facility and platform operations.

The Company provides comprehensive parking solutions covering a wide spectrum of scenarios including large commercial complexes, office buildings, residential communities, public facilities, hotels, scenic spots, schools, hospitals and logistics parks. According to an independent report commissioned from CIC Consulting, based on revenue generated in 2024, Keytop ranks second in China’s smart parking space operation market with a market share of 3.3%. Drawing on nearly two decades of in-depth industry experience and an extensive network of parking lots and end users, the Company is well-positioned to cater to massive parking demand across the country.

The Global Offering comprises 10,112,280 H Shares (subject to the Over-allotment Option), consisting of 1,011,240 Hong Kong Offer Shares (subject to reallocation) and 9,101,040 International Placing Shares (subject to reallocation and the Over-allotment Option). The Offer Price is fixed at HK$39.55 per H Share, with each trading board lot consisting of 60 H Shares. The Hong Kong Public Offer commenced on Wednesday, June 17, 2026, and is scheduled to close at 12:00 noon on Tuesday, June 23, 2026. The Offer Shares are expected to commence trading on the Main Board of the Stock Exchange on Friday, June 26, 2026.

After deducting underwriting commissions and estimated offering expenses, the Company estimates that the net proceeds to be raised from the Global Offering will amount to approximately HK$340 million before the exercise of any Over-allotment Option. The Company intends to allocate the net proceeds from the Global Offering as follows:

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