On January 9, Conch Materials Technology officially landed on the Hong Kong Stock Exchange. Conch Materials Technology's global offering consisted of 0.145 billion shares, raising approximately 0.435 billion Hong Kong dollars, with a final offer price of 3.0 Hong Kong dollars per share. On its first day of trading, Conch Materials Technology opened at 1.8 Hong Kong dollars per share, down 40% from the offer price. As of the time of reporting, Conch Materials Technology was at 1.65 Hong Kong dollars per share, with a total market capitalization of approximately 0.957 billion Hong Kong dollars.