02672 白鴿在線
BAIGE DIGITAL
BAIGE DIGITAL
| Register Close | 2026/06/24 IPO Closing in 6 Days |
| Listing Date | 2026/06/29 |
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IPO Detail
COMPANY PROFILE
Baige Online Digital Technology Co. is an InsurTech company primarily engaging in providing technology-empowered insurance intermediary services to scenario-based partners and insurance companies. By utilizing scenario-based insurance primarily as a tool, the Group generates revenue by providing insurance transaction services, precision marketing and digitalization solutions and TPA services.
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The Group’s scenario-based partners comprise diversified organizations and entities, such as financial institutions, enterprises and governments, its offerings span nine ecosystems, such as mobility, healthcare and public services.
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According to the report, the Group ranked 12th among China’s Internet insurance intermediaries, fifth among China’s scenario-based Internet insurance intermediaries by total premium and first among China’s third-party scenario-based Internet insurance intermediaries with a market share of 3.1% in China in terms of total premium in 2025.
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As of June 8, 2026, the Group has over 398 million insured user profiles, data from 80 different production and lifestyle scenarios, over 227,900 claims reports and more than 9.0 billion policy records. The Group’s customers are primarily insurance companies in the PRC.
BASIC INFORMATION
| Market | Hong Kong (Main Board) |
| Business Nature | Insurance |
| Major Business Area | China |
| Board Lot | 200 |
GLOBAL OFFERING
| No. of Offer Shares | 33.34M H shares |
| No. of International Offer Shares | 30.01M H shares |
| No. of HK Offer Shares | 3.33M H shares |
| Offer Price | $15.60 - $20.28 |
| Stock Code | 2672 |
| Sponsor(s) | CMBC International Capital Limited, BOCI Asia Limited |
| Underwriter(s) | CMBC Securities Company Limited, BOCI Asia Limited, Huafu International Securities Limited, ICBC International Securities Limited, ABCI Securities Company Limited, CMB International Capital Limited, SPDB International Capital Limited, Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited, Fortune (HK) Securities Limited, uSmart Securities Limited, Harmonia Capital Limited, Guoyuan Securities Brokerage (Hong Kong) Limited, Zircon Securities (HK) Limited |
TIME TABLE
| Application Period | Jun 18 (Thu) - noon, Jun 24 (Wed) |
| Price Determination Date | Jun 25 (Thu) |
| Result Announcement Date | On or before Jun 26 (Fri) |
| Result Announcement Date | On or before Jun 26 (Fri) |
| Result Announcement Date | On or before Jun 29 (Mon) |
| Dealings in Shares commence on | Jun 29, 2026. (Mon) |
Reallocation of Shares Offered
Sales Statistics (HKD)
| Offer Price | $15.60 - $20.28 |
| Capitalization (H Shares) | -- |
| NAV / share ($) | -- |
Use Of Proceeds
| Assuming the offer price being at HKD 17.94, the net proceeds raised would be HKD 540.70M, of which |
| 44.4% : Invest in research and development of solutions and services, recruiting and retaining relevant R&D talents and improving basic infrastructure |
| 20% : Pursing acquisition and investment opportunities of target companies |
| 15.6% : Expand branches in the PRC and overseas sales network |
| 10% : Establish an R&D center and office building with an intelligent exhibition hall |
| 10% : Working capital |
Related Document
| Prospectus |  Chinese Version | English Version |
| Remark： | The above information is referenced from the prospectus. |
| All data is calculated from the non- exercise rights(if applicable). |
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*Admission fees include brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.005% and FRC transaction levy of 0.00015% (i.e. 1.0077% in total).