QINIU (02567): The period of stable prices has ended, there will be no more actions to maintain stable prices, and the oversubscription rights will expire.

QINIU (02567) announced that the stabilizing period for the global offering ended on November 9, 2024 (Saturday), which is 30 days after the deadline for submitting the Hong Kong public offering application. The sponsor and overall coordinator (on behalf of itself and representing international underwriters) confirmed that there was no oversubscription of shares under the international placement. Therefore, the oversubscription rights were not exercised, and they expired on November 9, 2024 (Saturday). The company was informed by the stabilizing price operator that there were no stabilizing actions taken by the stabilizing price operator or any person acting on its behalf during the stabilizing period. Following the end of the stabilizing period, the company will comply with and continue to comply with the public shareholding requirements under Listing Rule 8.08(1)(a), with at least 25% of the total issued shares held by the public.