Xiamen Yan Palace Birds Nest Industry Co Ltd (Ticker: 1497 HK) is a Pharmaceuticals company based in China, specializing in the production and distribution of food supplements including freshly stewed bird's nest and dry bird's nest. The company operates more than 700 physical stores in over 200 cities across China and maintains a presence on major e-commerce and social media platforms. Xiamen Yan Palace Birds Nest Industry Co Ltd will list on December 12, 2023, in Hong Kong. The firm is selling 32.00 million shares at an expected price range of HKD 11.00 to HKD 11.00 per share, which translates to a total offer size of HKD 352.00 million (USD 45.07 million). The offering includes a greenshoe facility of 4.80 million shares. The offering is managed by China International Capital Corp HK Securities, Citigroup Global Markets Asia Ltd, GF Securities Hong Kong Brokerage Ltd, and Valuable Capital Ltd.