Beijing Shougang Lanzatech Technology

Beijing Shougang Lanzatech Technology (Ticker: 2553 HK) produces ethanol and microbial protein through carbon capture and utilization processes, and provides integrated low-carbon solutions. The company has commissioned four large-scale production facilities across China. The offering consists entirely of primary shares and includes a 15% greenshoe option. Proceeds are expected to fund research and development, production capacity, brand promotion and business development, working capital, and strategic acquisitions. The company is domiciled in China. Shougang Group is a major shareholder, alongside LanzaTech Hong Kong Limited and other investors.

The scheduled listing date on Hong Kong Stock Exchange was June 3, 2026. The proposed offering comprises 40,000,000 shares at an indicative price range of HKD 14.60–17.10 per share. At the indicative range midpoint, the base offering would represent HKD 634.00 million, approximately $80.79 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is HKD 5.84–6.84 billion, approximately $744.15–871.57 million.