Ningbo Joyson Electronic Corp. (00699): End of stable pricing period, stable pricing action and excess share subscription rights expire.
Jn Shng Electronics (00699) announced that the stabilizing price period for the global offering will end on December 3, 2025 (i.e. the 30th day after the deadline for submitting applications for public offering in Hong Kong). Any stabilizing actions taken during the stabilizing price period by China International Finance Hong Kong Securities Co., Ltd. (as the stabilizing manager), its affiliates, or persons acting on its behalf are stated in this announcement. In addition, the joint global coordinator (for itself and representing international underwriters) did not exercise the overallotment option during the stabilizing period, and the overallotment option will expire on December 3, 2025. Therefore, there will be no issuance or potential issuance of H shares based on the overallotment option.
Ningbo Joyson Electronic Corp. (00699) announced that the stabilizing price period for the global offering will end on December 3, 2025 (i.e. the 30th day after the deadline for submitting the Hong Kong public offering application). Any stabilizing price actions taken by China International Finance Hong Kong Securities Limited (as the stabilizing price operator), its affiliates, or anyone acting on its behalf during the stabilizing price period are included in this announcement. In addition, the overall coordinator (for itself and on behalf of the international underwriters) will not exercise the over-allotment option during the stabilizing price period, and the over-allotment option will expire on December 3, 2025. Therefore, there will be no H shares issued or to be issued based on the over-allotment option.
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