SWL TOUR
| Register Close | 2026/10/20 IPO Closing in 6 Days |
| Listing Date | 2026/10/23 |
| Register Close | 2026/10/20 IPO Closing in 6 Days |
| Listing Date | 2026/10/23 |
Jiangsu Slender West Lake Cultural Tourism Co. Ltd. is a state-owned water-based tourism service provider headquartered in Yangzhou, Jiangsu Province. The Group's principal services comprise the provision of water sightseeing boat services, sightseeing bus services, and management services.
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The Group principally operates water sightseeing boat services in renowned areas in Yangzhou, including the Shugang-Slender West Lake Scenic Area and the Ancient Canal Area, which are part of the Grand Canal UNESCO World Heritage Site. The Group's water sightseeing boat service and sightseeing tour bus service are subject to seasonal fluctuations throughout the year.
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The Group's customers mainly include individual customers, group customers, travel agencies, and other corporate customers. The Group offers sightseeing tour bus services and has developed an asset-light business model, under which it provides management services to tourist attractions.
| Market | Hong Kong (Main Board) |
| Business Nature | Hotels & Restaurants & Leisure |
| Major Business Area | China |
| Board Lot | 1000 |
| No. of Offer Shares | 44.76M H shares |
| No. of International Offer Shares | 40.28M H shares |
| No. of HK Offer Shares | 4.48M H shares |
| Offer Price | $3.92 - $5.07 |
| Stock Code | 6157 |
| Sponsor(s) | China Everbright Capital Limited |
| Underwriter(s) | China Everbright Securities (HK) Limited, Bluestone Securities (HK) CO., Limited, Caitong International Securities Co., Limited, China Industrial Securities International Capital Limited, China Renaissance Securities (Hong Kong) Limited, CMB International Capital Limited, CMBC Securities Company Limited, ICBC International Securities Limited, South China Securities Limited, SPDB International Capital Limited, Sunfund Securities Limited, Zheshang International Financial Holdings Co., Limited |
| Application Period | Oct 14 (Wed) - noon, Oct 20 (Tue) |
| Price Determination Date | Oct 21 (Wed) |
| Result Announcement Date | On or before Oct 22 (Thu) |
| Result Announcement Date | On or before Oct 22 (Thu) |
| Result Announcement Date | On or before Oct 23 (Fri) |
| Dealings in Shares commence on | Oct 23, 2026. (Fri) |
| Offer Price | $3.92 - $5.07 |
| Capitalization | 701.78M - 907.66M |
| NAV / share ($) | $2.2 - $2.47 (Unaudited pro forma adj NAV / share) |
| Assuming the offer price being at HKD 4.5, the net proceeds raised would be HKD 157.40M, of which |
| 48.4% : Curate more water-based innovative immersive projects within the waters of Slender West Lake |
| 10.2% : Develop new water tour routes and water-based tourism project in Yangzhou |
| 7.3% : Expand project portfolio under management service business segment |
| 30.8% : Continuous asset upgrading |
| 3.3% : Working capital |
| Prospectus |
| Remark: | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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