Keytop Parking

Keytop Parking (Ticker: 2272 HK) provides smart parking systems and services, including parking guidance, parking management, facility operations and an online platform for renting parking spaces. Its products include systems for guiding drivers to parking spaces, managing parking equipment and enabling ticketless payment using video. It also provides information-system integration, data processing and technology consulting. The offering included a 15% greenshoe option for about 1.52 million additional shares. Expected uses of proceeds included research and development, product capacity, brand promotion, business development, working capital and strategic acquisitions.

The scheduled listing date on Hong Kong Stock Exchange was June 26, 2026. The proposed offering comprises 10,110,000 shares at an indicative price of HKD 39.55 per share. The base offering would represent HKD 399.85 million, approximately $50.95 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is HKD 3.89 billion, approximately $495.67 million.

CICC Hong Kong Securities and CMBC International Capital acted as sponsors.