King Stone High-tech Materials (02693): Hong Kong public offering received 6876.17 times oversubscription, with an offer price of HK$7.3 per share.

20:53 02/12/2025

Jinyan Kaoling New Materials (02693) announced the results of the distribution, with a total of 24.3 million H shares sold globally. The public offering in Hong Kong accounted for 10%, while the international offering accounted for 90%. The offer price per share was HK$7.3, with a net proceeds of approximately HK$124 million from the global offering. Trading of the H shares is expected to begin on Wednesday, December 3, 2025, at 9:00 am on the Hong Kong Stock Exchange.

Golden Rock High Ridge New Materials (02693) announced the distribution results, with the company globally issuing 24.3 million H shares, with 10% for public sale in Hong Kong and 90% for international sale. The sale price per share is HK$7.3, with a net fundraising of approximately HK$124 million for the global sale. Each lot consists of 500 shares, and it is expected that the H shares will start trading on the Hong Kong Stock Exchange on Wednesday, December 3, 2025, at 9:00 am. The public sale in Hong Kong received 6876.17 times oversubscribed, while the international sale received 2.01 times oversubscribed.

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