Shanghai Longcheer Technology (09611): Hong Kong public offering oversubscribed by 1149.76 times, raising approximately HK$1.52 billion in net proceeds from global offering.

Shanghai Longcheer Technology (09611) has announced the results of its distribution. The company has globally issued 52.2591 million H shares, with 10% allocated for public offering in Hong Kong and 90% for international offering. The offering price per share is HK$31.00, with a net fundraising of approximately HK$1.52 billion through the global offering. Trading of H shares on the Stock Exchange of Hong Kong is expected to commence at 9:00 am on January 22, 2026. The public offering in Hong Kong was oversubscribed 1149.76 times, while the international offering was oversubscribed 9.02 times.