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Listed

2671 USAS BUILDING

USAS Building System (Shanghai) Co., Ltd.

Integrated prefabricated steel structure building subcontracting service provider in the industrial sector, offering project design and optimization, procurement, manufacturing and installation services.

Overview

Company
USAS Building System (Shanghai) Co., Ltd.
Sector
Construction / Prefabricated Steel Structure Buildings
Allocation mechanism
-
Listing date
Dec 30, 2025

Offer Details

Offer price
HKD 7.1
Board lot
300
Total offer shares
24,600,000
Hong Kong offer shares
2,460,000
International offer shares
22,140,000
Minimum application
300 shares
Gross proceeds
HKD 174,660,000
Net proceeds
HKD 139,890,000

Allocation Result

Valid applications
53,657
Subscription multiple
146.25x
One-lot success rate
0.75%
Successful applications
3,022

Basis of Allocation

Success Rate Trend

Each line runs from the lowest application tier to the highest tier within its own pool. Hover or tap a point for the exact tier.

Pool APool B
0%25%50%75%100%FewerMidMorePool A · Applied shares 300 · Applied lots 1 lots · Valid applications 22,510 · Successful applications 168 · Success rate 0.75%Pool A · 1 lotsSuccess rate 0.75%Pool A · Applied shares 600 · Applied lots 2 lots · Valid applications 3,691 · Successful applications 55 · Success rate 1.49%Pool A · 2 lotsSuccess rate 1.49%Pool A · Applied shares 900 · Applied lots 3 lots · Valid applications 15,166 · Successful applications 341 · Success rate 2.25%Pool A · 3 lotsSuccess rate 2.25%Pool A · Applied shares 1,200 · Applied lots 4 lots · Valid applications 676 · Successful applications 20 · Success rate 2.96%Pool A · 4 lotsSuccess rate 2.96%Pool A · Applied shares 1,500 · Applied lots 5 lots · Valid applications 569 · Successful applications 21 · Success rate 3.69%Pool A · 5 lotsSuccess rate 3.69%Pool A · Applied shares 1,800 · Applied lots 6 lots · Valid applications 301 · Successful applications 13 · Success rate 4.32%Pool A · 6 lotsSuccess rate 4.32%Pool A · Applied shares 2,100 · Applied lots 7 lots · Valid applications 270 · Successful applications 13 · Success rate 4.81%Pool A · 7 lotsSuccess rate 4.81%Pool A · Applied shares 2,400 · Applied lots 8 lots · Valid applications 253 · Successful applications 13 · Success rate 5.14%Pool A · 8 lotsSuccess rate 5.14%Pool A · Applied shares 2,700 · Applied lots 9 lots · Valid applications 198 · Successful applications 11 · Success rate 5.56%Pool A · 9 lotsSuccess rate 5.56%Pool A · Applied shares 3,000 · Applied lots 10 lots · Valid applications 1,690 · Successful applications 104 · Success rate 6.15%Pool A · 10 lotsSuccess rate 6.15%Pool A · Applied shares 4,500 · Applied lots 15 lots · Valid applications 4,662 · Successful applications 433 · Success rate 9.29%Pool A · 15 lotsSuccess rate 9.29%Pool A · Applied shares 6,000 · Applied lots 20 lots · Valid applications 413 · Successful applications 50 · Success rate 12.11%Pool A · 20 lotsSuccess rate 12.11%Pool A · Applied shares 7,500 · Applied lots 25 lots · Valid applications 191 · Successful applications 27 · Success rate 14.14%Pool A · 25 lotsSuccess rate 14.14%Pool A · Applied shares 9,000 · Applied lots 30 lots · Valid applications 190 · Successful applications 32 · Success rate 16.84%Pool A · 30 lotsSuccess rate 16.84%Pool A · Applied shares 10,500 · Applied lots 35 lots · Valid applications 390 · Successful applications 77 · Success rate 19.74%Pool A · 35 lotsSuccess rate 19.74%Pool A · Applied shares 12,000 · Applied lots 40 lots · Valid applications 191 · Successful applications 43 · Success rate 22.51%Pool A · 40 lotsSuccess rate 22.51%Pool A · Applied shares 13,500 · Applied lots 45 lots · Valid applications 112 · Successful applications 28 · Success rate 25%Pool A · 45 lotsSuccess rate 25%Pool A · Applied shares 15,000 · Applied lots 50 lots · Valid applications 470 · Successful applications 131 · Success rate 27.87%Pool A · 50 lotsSuccess rate 27.87%Pool A · Applied shares 30,000 · Applied lots 100 lots · Valid applications 522 · Successful applications 290 · Success rate 55.56%Pool A · 100 lotsSuccess rate 55.56%Pool A · Applied shares 45,000 · Applied lots 150 lots · Valid applications 242 · Successful applications 202 · Success rate 83.47%Pool A · 150 lotsSuccess rate 83.47%Pool A · Applied shares 60,000 · Applied lots 200 lots · Valid applications 155 · Successful applications 155 · Success rate 100%Pool A · 200 lotsSuccess rate 100%Pool A · Applied shares 75,000 · Applied lots 250 lots · Valid applications 93 · Successful applications 93 · Success rate 100%Pool A · 250 lotsSuccess rate 100%Pool A · Applied shares 90,000 · Applied lots 300 lots · Valid applications 71 · Successful applications 71 · Success rate 100%Pool A · 300 lotsSuccess rate 100%Pool A · Applied shares 105,000 · Applied lots 350 lots · Valid applications 48 · Successful applications 48 · Success rate 100%Pool A · 350 lotsSuccess rate 100%Pool A · Applied shares 120,000 · Applied lots 400 lots · Valid applications 46 · Successful applications 46 · Success rate 100%Pool A · 400 lotsSuccess rate 100%Pool A · Applied shares 135,000 · Applied lots 450 lots · Valid applications 30 · Successful applications 30 · Success rate 100%Pool A · 450 lotsSuccess rate 100%Pool A · Applied shares 150,000 · Applied lots 500 lots · Valid applications 107 · Successful applications 107 · Success rate 100%Pool A · 500 lotsSuccess rate 100%Pool A · Applied shares 210,000 · Applied lots 700 lots · Valid applications 64 · Successful applications 64 · Success rate 100%Pool A · 700 lotsSuccess rate 100%Pool A · Applied shares 270,000 · Applied lots 900 lots · Valid applications 55 · Successful applications 55 · Success rate 100%Pool A · 900 lotsSuccess rate 100%Pool A · Applied shares 330,000 · Applied lots 1,100 lots · Valid applications 20 · Successful applications 20 · Success rate 100%Pool A · 1,100 lotsSuccess rate 100%Pool A · Applied shares 390,000 · Applied lots 1,300 lots · Valid applications 16 · Successful applications 16 · Success rate 100%Pool A · 1,300 lotsSuccess rate 100%Pool A · Applied shares 450,000 · Applied lots 1,500 lots · Valid applications 11 · Successful applications 11 · Success rate 100%Pool A · 1,500 lotsSuccess rate 100%Pool A · Applied shares 510,000 · Applied lots 1,700 lots · Valid applications 20 · Successful applications 20 · Success rate 100%Pool A · 1,700 lotsSuccess rate 100%Pool B · Applied shares 570,000 · Applied lots 1,900 lots · Valid applications 134 · Successful applications 134 · Success rate 100%Pool B · 1,900 lotsSuccess rate 100%Pool B · Applied shares 630,000 · Applied lots 2,100 lots · Valid applications 17 · Successful applications 17 · Success rate 100%Pool B · 2,100 lotsSuccess rate 100%Pool B · Applied shares 690,000 · Applied lots 2,300 lots · Valid applications 13 · Successful applications 13 · Success rate 100%Pool B · 2,300 lotsSuccess rate 100%Pool B · Applied shares 840,000 · Applied lots 2,800 lots · Valid applications 13 · Successful applications 13 · Success rate 100%Pool B · 2,800 lotsSuccess rate 100%Pool B · Applied shares 990,000 · Applied lots 3,300 lots · Valid applications 8 · Successful applications 8 · Success rate 100%Pool B · 3,300 lotsSuccess rate 100%Pool B · Applied shares 1,140,000 · Applied lots 3,800 lots · Valid applications 1 · Successful applications 1 · Success rate 100%Pool B · 3,800 lotsSuccess rate 100%Pool B · Applied shares 1,230,000 · Applied lots 4,100 lots · Valid applications 28 · Successful applications 28 · Success rate 100%Pool B · 4,100 lotsSuccess rate 100%0.75%5.56%25%100%100%100%100%100%100%100%Applied lots: Fewer -> MoreSuccess rate
PoolApplied sharesSuccess rate
A

300

Applied lots: 1 · Valid applications: 22,510 · Successful applications: 168 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.75%

0.75%
A

600

Applied lots: 2 · Valid applications: 3,691 · Successful applications: 55 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.75%

1.49%
A

900

Applied lots: 3 · Valid applications: 15,166 · Successful applications: 341 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.75%

2.25%
A

1,200

Applied lots: 4 · Valid applications: 676 · Successful applications: 20 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.74%

2.96%
A

1,500

Applied lots: 5 · Valid applications: 569 · Successful applications: 21 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.74%

3.69%
A

1,800

Applied lots: 6 · Valid applications: 301 · Successful applications: 13 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.72%

4.32%
A

2,100

Applied lots: 7 · Valid applications: 270 · Successful applications: 13 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.69%

4.81%
A

2,400

Applied lots: 8 · Valid applications: 253 · Successful applications: 13 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.64%

5.14%
A

2,700

Applied lots: 9 · Valid applications: 198 · Successful applications: 11 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.62%

5.56%
A

3,000

Applied lots: 10 · Valid applications: 1,690 · Successful applications: 104 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.62%

6.15%
A

4,500

Applied lots: 15 · Valid applications: 4,662 · Successful applications: 433 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.62%

9.29%
A

6,000

Applied lots: 20 · Valid applications: 413 · Successful applications: 50 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.61%

12.11%
A

7,500

Applied lots: 25 · Valid applications: 191 · Successful applications: 27 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.57%

14.14%
A

9,000

Applied lots: 30 · Valid applications: 190 · Successful applications: 32 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

16.84%
A

10,500

Applied lots: 35 · Valid applications: 390 · Successful applications: 77 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

19.74%
A

12,000

Applied lots: 40 · Valid applications: 191 · Successful applications: 43 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

22.51%
A

13,500

Applied lots: 45 · Valid applications: 112 · Successful applications: 28 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

25%
A

15,000

Applied lots: 50 · Valid applications: 470 · Successful applications: 131 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

27.87%
A

30,000

Applied lots: 100 · Valid applications: 522 · Successful applications: 290 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

55.56%
A

45,000

Applied lots: 150 · Valid applications: 242 · Successful applications: 202 · Allocated shares: 0-300 · Allocated lots: 0-1 · Allotted %: 0.56%

83.47%
A

60,000

Applied lots: 200 · Valid applications: 155 · Successful applications: 155 · Allocated shares: 300-600 · Allocated lots: 1-2 · Allotted %: 0.56%

100%
A

75,000

Applied lots: 250 · Valid applications: 93 · Successful applications: 93 · Allocated shares: 300-600 · Allocated lots: 1-2 · Allotted %: 0.56%

100%
A

90,000

Applied lots: 300 · Valid applications: 71 · Successful applications: 71 · Allocated shares: 300-600 · Allocated lots: 1-2 · Allotted %: 0.56%

100%
A

105,000

Applied lots: 350 · Valid applications: 48 · Successful applications: 48 · Allocated shares: 300-600 · Allocated lots: 1-2 · Allotted %: 0.56%

100%
A

120,000

Applied lots: 400 · Valid applications: 46 · Successful applications: 46 · Allocated shares: 600-900 · Allocated lots: 2-3 · Allotted %: 0.56%

100%
A

135,000

Applied lots: 450 · Valid applications: 30 · Successful applications: 30 · Allocated shares: 600-900 · Allocated lots: 2-3 · Allotted %: 0.56%

100%
A

150,000

Applied lots: 500 · Valid applications: 107 · Successful applications: 107 · Allocated shares: 600-900 · Allocated lots: 2-3 · Allotted %: 0.56%

100%
A

210,000

Applied lots: 700 · Valid applications: 64 · Successful applications: 64 · Allocated shares: 900-1,200 · Allocated lots: 3-4 · Allotted %: 0.56%

100%
A

270,000

Applied lots: 900 · Valid applications: 55 · Successful applications: 55 · Allocated shares: 1,500 · Allocated lots: 5 · Allotted %: 0.56%

100%
A

330,000

Applied lots: 1,100 · Valid applications: 20 · Successful applications: 20 · Allocated shares: 1,800-2,100 · Allocated lots: 6-7 · Allotted %: 0.56%

100%
A

390,000

Applied lots: 1,300 · Valid applications: 16 · Successful applications: 16 · Allocated shares: 2,100-2,400 · Allocated lots: 7-8 · Allotted %: 0.55%

100%
A

450,000

Applied lots: 1,500 · Valid applications: 11 · Successful applications: 11 · Allocated shares: 2,400-2,700 · Allocated lots: 8-9 · Allotted %: 0.55%

100%
A

510,000

Applied lots: 1,700 · Valid applications: 20 · Successful applications: 20 · Allocated shares: 2,700-3,000 · Allocated lots: 9-10 · Allotted %: 0.55%

100%
B

570,000

Applied lots: 1,900 · Valid applications: 134 · Successful applications: 134 · Allocated shares: 4,500-4,800 · Allocated lots: 15-16 · Allotted %: 0.82%

100%
B

630,000

Applied lots: 2,100 · Valid applications: 17 · Successful applications: 17 · Allocated shares: 5,100-5,400 · Allocated lots: 17-18 · Allotted %: 0.82%

100%
B

690,000

Applied lots: 2,300 · Valid applications: 13 · Successful applications: 13 · Allocated shares: 5,400-5,700 · Allocated lots: 18-19 · Allotted %: 0.82%

100%
B

840,000

Applied lots: 2,800 · Valid applications: 13 · Successful applications: 13 · Allocated shares: 6,600-6,900 · Allocated lots: 22-23 · Allotted %: 0.82%

100%
B

990,000

Applied lots: 3,300 · Valid applications: 8 · Successful applications: 8 · Allocated shares: 8,100 · Allocated lots: 27 · Allotted %: 0.82%

100%
B

1,140,000

Applied lots: 3,800 · Valid applications: 1 · Successful applications: 1 · Allocated shares: 9,300 · Allocated lots: 31 · Allotted %: 0.82%

100%
B

1,230,000

Applied lots: 4,100 · Valid applications: 28 · Successful applications: 28 · Allocated shares: 9,900-10,200 · Allocated lots: 33-34 · Allotted %: 0.82%

100%