National Technology (02701) Lists on HKEx Main Board on March 23

Stock News03-23

National Technology (02701) announced that it has completed the relevant work for the issuance and listing of its H shares on the Main Board of The Stock Exchange of Hong Kong Limited. The company's global offering consisted of a base offering of 95 million H shares. The Hong Kong public offering comprised 9.5 million shares, representing 10% of the total global offering, while the international offering comprised 85.5 million shares, representing 90%. The company did not exercise an over-allotment option. Based on an H share offer price of HKD 10.8 per share, and after deducting underwriting commissions and other estimated expenses related to the global offering, and assuming the over-allotment option is not exercised, the net proceeds from the global offering are estimated to be approximately HKD 944 million. With the approval of the Hong Kong Stock Exchange, the 95 million H shares are scheduled to commence trading on the Main Board of the HKEx on March 23, 2026. The H shares will be traded under the Chinese short name "国民技术", the English short name "NSING TECH", and the stock code "2701".

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