XIAOCAIYUAN (00999) stable price period ends, over-allotment option expires.

XIAOCAIYUAN (00999) announced that the stable price period for the global offering ended on January 16, 2025 (Thursday), which is 30 days after the deadline for submitting the Hong Kong public offering application. The overall coordinator (on behalf of themselves and the international underwriters) confirmed that there was no oversubscription of shares in the international offering. The stable price manager (or anyone acting on their behalf) did not take any stabilizing actions during the stable price period. Therefore, the oversubscription rights were not exercised, and they expired on January 16, 2025 (Thursday). Following the end of the stable price period, the shares held by the public accounted for approximately 15.00% of the total issued share capital of the company, meeting the minimum public shareholding requirement for exemption.