Muyuan Foods Co., Ltd. (牧原食品股份有限公司) has determined the offer price for its H Shares at HK$39.00 per share. The pricing excludes brokerage of 1.0%, the SFC transaction levy of 0.0027%, the Stock Exchange trading fee of 0.00565%, and the AFRC transaction levy of 0.00015%.
According to the announcement, details of the level of indications of interest in the International Offering, the level of applications in the Hong Kong Public Offering, the basis of allocations, and the results of allocations will be published on Thursday, February 5, 2026, following the schedule set out in the company’s prospectus. Conditional trading of the H Shares on the Main Board of the Stock Exchange is expected to commence at 9:00 a.m. (Hong Kong time) on Friday, February 6, 2026, with trades in board lots of 100 H Shares each.
The announcement also indicates that the Hong Kong Underwriting Agreement may be subject to termination prior to 8:00 a.m. (Hong Kong time) on the listing date. Any such termination would be based on conditions outlined in the prospectus. Morgan Stanley Asia Limited will serve as the stabilizing manager, with the possibility of over-allocation or stabilizing transactions permitted within relevant regulatory guidelines. The potential stabilization period is expected to end 30 days after Thursday, March 5, 2026, in accordance with local securities regulations.
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