ZENERGY(03677): The stable pricing period has ended, there will be no stable pricing actions and the oversubscription rights are void.
Zhengli New Energy (03677) announced that the global offering of related stable price period has ended on May 9, 2025 (i.e....
ZENERGY (03677) announces that the global offering of the relevant stabilizing prices has ended on May 9, 2025 (30 days after the deadline for submitting the Hong Kong public offering application).
The joint representative (on behalf of itself and the international underwriters) has confirmed that there was no oversubscription of the shares in the international offering. Therefore, the oversubscription right was not exercised and expired on May 9, 2025. As a result, the company did not and will not issue H shares based on the oversubscription right. The stabilizing price operator informed the company that no stabilizing actions were taken by the stabilizing price operator or anyone acting on its behalf during the stabilizing price period.
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