HAIWEI ELEC (09609): Partial exercise of oversubscription rights, price stabilization actions, and end of price stabilization period

date
20:13 28/12/2025
avatar
GMT Eight
China High-Tech Group (09609) announced that the overall coordinator (for itself and on behalf of international underwriters) has partially exercised the oversubscription rights as stated in the prospectus on December 25, 2025, involving a total of 1.7586 million H shares, accounting for approximately 4.96% of the total number of shares available for subscription under the preliminary global offering before the exercise of oversubscription rights. The oversubscribed shares will be issued and distributed by the company at a price of HK$14.28 per H share (i.e. the offer price per H share under the global offering).
HAIWEI ELEC (09609) announced that the overall coordinator (on behalf of itself and representing international underwriters) has partially exercised the oversubscription rights as described in the prospectus on December 25, 2025. This involves a total of 1,758,600 H shares, representing approximately 4.96% of the total number of shares available for subscription under the preliminary global offering before the exercise of oversubscription rights. The oversubscribed shares will be issued and distributed by the company at a price of HK$14.28 per H share (the offering price per H share under the global offering). In addition, the stabilizing period for the global offering ended on December 25, 2025 (30 days after the deadline for submitting the Hong Kong public offering application).