MOKINGRAN (02585.HK), a gold jewelery original brand manufacturer focusing on markets in third and lower-tier cities in China, announced details of its IPO proposing a global offering of 43.9568 million shares, with the Hong Kong public offering accounting for 10% and the international offering accounting for 90%.

The offer price per share is between $12 and $14.4. The entry fee is $2,909.04 per board lot of 200 shares. The IPO starts today (21st) and will close at noon next Tuesday (26th). The stock is expected to be listed next Friday (29th). The sole sponsor is CITIC Securities.

The Company introduced 5 cornerstone investors, subscribing for a total of $197 million worth of the Company's shares, including Tianjin Haitai Capital, Matrix Capital, Solid Elegance, Bright Ambition and Swift Grace.
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