51WORLD(06651): The period of stable prices has ended, there are no stable price actions and the rights to excess allotment have expired.

51WORLD (06651) announced that the stabilization period for the global offering ended on January 22, 2026 (i.e. the 30th day after the deadline for submitting the Hong Kong public offering application). As there was no oversubscription in the international placement, the stabilizing manager (on behalf of itself and the international underwriters) did not exercise the oversubscription option, and no one acting on behalf of the stabilizing manager conducted any stabilization activities during the stabilization period. The oversubscription option lapsed on January 22, 2026 (Thursday) (i.e. the 30th day after the deadline for submitting the Hong Kong public offering application), and therefore no shares have been issued or will be issued under the oversubscription option.