Industry M&A Neutral

Creality 3D Initiates IPO Subscription, Plans to List on Main Board of Hong Kong Stock Exchange

2026-05-20 · Impact score: 35

Creality 3D (03388.HK) is conducting its IPO subscription from May 20 to 26, offering a global sale of 73.4276 million H-shares at a price of HKD 18.80 per share, with a minimum lot of 150 shares and a entry cost of HKD 2,848.44. The company expects to list on the Hong Kong Stock Exchange on May 29. It has secured 15 cornerstone investors, including Taikang Life Insurance and CITIC Xingye International, collectively subscribing approximately USD 88 million (about HKD 688.8 million), accounting for 49.90% of the total offered shares. Net proceeds are estimated at HKD 1.272 billion, with 30% allocated to R&D investment, 25% to overseas user operations, 25% to global brand promotion and sales channel development. In 2025, the company reported revenue of RMB 3.127 billion, gross profit of RMB 975 million, and a gross margin of 31.2%. It ranks first in China's consumer-grade 3D scanner market and second in the consumer-grade 3D printer market.

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创想三维启动招股，拟登陆港交所主板

创想三维(03388.HK)于5月20日至26日招股，拟全球发售7342.76万股H股，发行价18.80港元/股，每手150股，一手入场费2848.44港元，预计5月29日在港交所挂牌上市。公司已引入泰康人寿、中信兴业国际等15名基石投资者，合计认购约8800万美元（约6.888亿港元），认购股份占发售股份总数的49.90%。募资净额约12.72亿港元，约30%用于研发投资、25%用于海外用户营运、25%用于全球品牌推广及销售渠道开发。公司2025年营收31.27亿元，毛利9.75亿元，毛利率31.2%，在中国消费级3D扫描仪市场排名第一，消费级3D打印机市场排名第二。

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