Shanghai Longcheer Technology Co., Ltd. (Stock Code: 9611) has confirmed an Offer Price of HK$31.00 per H Share, with brokerage of 1%, SFC transaction levy of 0.0027%, Stock Exchange trading fee of 0.00565%, and AFRC transaction levy of 0.00015% excluded. The official announcement dated January 20, 2026, indicates that details of the International Offering, the Hong Kong Public Offering, and the basis of allocations will be published on January 21, 2026.
The Global Offering is subject to compliance with the U.S. Securities Act and other applicable regulations, and there is no public offer of the Offer Shares in the United States. Stabilizing actions, if conducted, will follow permissible laws and rules and must conclude within 30 days after the last day for lodging applications under the Hong Kong Public Offering. Publication of allocation results, along with the Offer Shares becoming unconditional by 8:00 a.m. on January 22, 2026, will pave the way for trading on the Main Board of the Stock Exchange at 9:00 a.m. that same day, with H Shares to be traded in board lots of 100 H Shares each.
It is noted that should certain specified events occur before 8:00 a.m. on January 22, 2026, the Overall Coordinators and the Hong Kong Underwriters have the right to terminate the Hong Kong Underwriting Agreement. The official announcement reminds potential investors to review the relevant prospectus sections and regulatory requirements carefully before making any investment decision.
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