JINYAN KAOLIN (02693): End of stable price period, excess rights issue rights lapse.

19:43 28/12/2025

Jin Yan High Valley new material (02693) announced that the stabilization period related to the global offering has ended on December 28, 2025 (30 days after the deadline for submitting the Hong Kong public offering application). The overall coordinator (for itself and on behalf of the international underwriters) did not exercise the over-allotment option during the stabilization period, and the over-allotment option expired on December 28, 2025. Therefore, the company has not and will not issue any H shares based on the over-allotment option.

JINYAN KAOLIN (02693) issued an announcement that the stabilizing period related to the global offering has ended on December 28, 2025 (30 days after the deadline for submitting the Hong Kong public offering application). The overall coordinator (for itself and on behalf of the international underwriters) did not exercise the over-allotment option during the stabilizing period, and the over-allotment option expired on December 28, 2025. Therefore, the company did not and will not issue any H shares according to the over-allotment option.

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