XUNCE(03317): Partial exercise of excess rights issue, price stabilization action and end of price stabilization period.

XUNCE (03317) announced that the sponsor and overall coordinator (acting for itself and on behalf of international underwriters) partially exercised the oversubscription rights as stated in the prospectus on January 22, 2026 (Thursday). This involved a total of 194,400 H shares, representing approximately 0.86% of the initial offering of H shares available for subscription before the exercise of oversubscription rights. The oversubscribed shares (as defined below) will be issued and distributed by the company at a price of HK$48.00 per H share (i.e., the offer price per H share under the global offering, excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00015% Hong Kong Monetary Authority transaction levy and 0.00565% HKEx trading fee). In accordance with section 9(2) of the Securities and Futures (Price Stabilization) Rules under Chapter 571W of the Laws of Hong Kong, the company announced that the stabilization period for the global offering ended on January 22, 2026 (Thursday) (i.e., the 30th day after the deadline for submitting the Hong Kong public offering application). The stabilizing price manager, Guotai Junan Securities (Hong Kong) Limited or any affiliated person acting on its behalf, disclosed the stabilizing actions taken during the stabilization period as follows: (i) In the international offering, a total of 3,375,000 H shares were oversubscribed, representing approximately 15.0% of the initial offering of H shares available for subscription before the exercise of oversubscription rights; (ii) During the stabilization period, a total of 3,261,400 H shares were continuously purchased in the market at prices ranging from HK$38.02 to HK$48.00 per H share (excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00015% Hong Kong Monetary Authority transaction levy and 0.00565% HKEx trading fee), representing approximately 14.50% of the initial offering of H shares available for subscription before the exercise of oversubscription rights. The last purchase made by the stabilizing price manager or any affiliated person acting on its behalf in the market during the stabilization period was on January 12, 2026 (Monday) at a price of HK$48.00 per H share (excluding fees mentioned above); (iii) During the stabilization period, a total of 808,000 H shares were continuously sold in the market at prices ranging from HK$62.60 to HK$72.00 per H share (excluding fees mentioned above), representing approximately 0.36% of the initial offering of H shares available for subscription before the exercise of oversubscription rights. The last sale made by the stabilizing price manager or any affiliated person acting on its behalf in the market during the stabilization period was on January 20, 2026 (Tuesday) at a price of HK$64.91 per H share (excluding fees mentioned above); and (iv) The sponsor and overall coordinator (acting for itself and on behalf of international underwriters) partially exercised the oversubscription rights on January 22, 2026 (Thursday) at a price of HK$48.00 per H share (i.e., the offer price per H share under the global offering, excluding fees mentioned above), involving a total of 194,400 H shares, representing approximately 0.86% of the initial offering of H shares available for subscription before the exercise of oversubscription rights, to facilitate the delivery of some H shares to the allotted subscribers who have agreed to delay delivery of their subscribed H shares under the global offering. The oversubscription rights that the sponsor and overall coordinator (acting for itself and on behalf of international underwriters) have not yet exercised expired on January 22, 2026 (Thursday).