Galaxis Tech ends stabilization period without intervention; over-allotment option expires

Bulletin Express04-20

Zhejiang Galaxis Technology Group Co., Ltd. (Galaxis Tech) announced that the 30-day post-listing stabilization period linked to its Global Offering concluded on 18 April 2026.

The Stabilization Manager reported no stabilizing transactions during the period, and the International Offering recorded no over-allocation of shares. Consequently, the over-allotment option granted to the International Underwriters expired unexercised on the same date.

Following the close of the stabilization window, Galaxis Tech confirmed that its public float remains in full compliance with Rule 8.08 (now Rule 19A.13A) of the Hong Kong Listing Rules.

The board is chaired by Executive Director and CEO Dr. Gu Chunguang; the full board comprises four executive directors, two non-executive directors and three independent non-executive directors.

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