XIZHI TECH-P (01879) announced that the price stabilization period related to its global offering concluded on May 23, 2026, which is the 30th day after the deadline for the Hong Kong public offering application.
During the stabilization period, China International Capital Corporation Hong Kong Securities Limited, acting as the stabilizing agent, or any person acting on its behalf, undertook the following stabilization actions: an over-allotment of 2.069 million H shares in the international offering, representing approximately 15.0% of the total number of shares initially available for subscription under the global offering (prior to the exercise of the over-allotment option); and on May 11, 2026, the joint global coordinators (on behalf of the international underwriters) fully exercised the over-allotment option for a total of 2.069 million H shares, representing approximately 15.0% of the total number of shares initially available for subscription under the global offering (prior to the exercise of the over-allotment option), at a price of HKD 183.20 per H share. This was done to facilitate the delivery of a portion of H shares to placees who had agreed to delay the delivery of their subscribed H shares under the global offering.
Throughout the stabilization period, the stabilizing agent did not purchase or sell any H shares in the market for stabilization purposes.
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