Biren Tech (06082): Full Exercise of Over-Allotment Option, Stabilization Actions, and End of Stabilization Period

Stock News01-28

Biren Tech (06082) announced that the sponsor and overall coordinator (for itself and on behalf of the international underwriters) has fully exercised the over-allotment option described in the prospectus on Wednesday, January 28, 2026, involving a total of 42.7268 million H shares (the over-allotted shares), representing approximately 15% of the total number of shares offered under the global offering (after the full exercise of the over-allotment option and prior to any exercise of the over-allotment option). The over-allotted shares will be issued and allotted by the company at a price of HKD 19.60 per H share (i.e., the offer price per H share under the global offering, excluding 1% brokerage commission, 0.0027% SFC transaction levy, 0.00565% SEHK trading fee, and 0.00015% FRC transaction levy). The over-allotted shares will be used to expedite the delivery of a portion of H shares to placees who have agreed to a delayed delivery of their relevant H shares subscribed for under the global offering. Pursuant to Section 9(2) of the Securities and Futures (Stabilization of Market) Rules (Cap. 571W), the company announces that the stabilization period for the global offering ended on Wednesday, January 28, 2026 (being the 30th day after the deadline for submitting applications under the Hong Kong public offering). The stabilization actions undertaken by the stabilization agent, China International Capital Corporation Hong Kong Securities Limited, or its affiliates or any person acting on its behalf during the stabilization period are set out as follows: (1) over-allotted a total of 42.7268 million H shares in the international offering, representing approximately 15% of the total number of shares offered under the global offering (after the full exercise of the over-allotment option and prior to any exercise of the over-allotment option); and (2) the sponsor and overall coordinator (for itself and on behalf of the international underwriters) fully exercised the over-allotment option on Wednesday, January 28, 2026, for a total of 42.7268 million H shares at HKD 19.60 per H share (i.e., the offer price per H share under the global offering, excluding 1% brokerage commission, 0.0027% SFC transaction levy, 0.00565% SEHK trading fee, and 0.00015% FRC transaction levy), in order to expedite the delivery of a portion of H shares to placees who have agreed to a delayed delivery of their relevant H shares subscribed for under the global offering.

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