Zhongji Innolight (03308): Fully exercised the over-allotment option, price stabilization actions, and the price stabilization period has ended.

date
06:40 27/08/2026
avatar
GMT Eight
Zhongji Xuchuang (03308) announced that the over-allotment option described in the prospectus has been fully exercised by the sponsor and overall coordinator (representing the international underwriters) on August 26, 2026, involving a total of 8.175 million H shares (over-allotment shares), accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (before any over-allotment option is exercised).
Zhongji Innolight (03308) announced that the over-allotment option described in the prospectus has been fully exercised by the sponsor and global coordinator (on behalf of the international underwriters) on August 26, 2026, involving a total of 8.175 million H shares (over-allotment shares), accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (prior to the exercise of any over-allotment options). The over-allotment shares will be issued by the company at a price of HKD 980.00 per H share (the offer price per H share under the global offering, excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy). The over-allotment shares will be used to expedite the delivery of part of the H shares to the investors who agreed to delay the delivery of the H shares they subscribed for under the global offering. According to Section 9(2) of the Securities and Futures (Stabilizing Prices) Rules (Chapter 571W of the Laws of Hong Kong), the company further announces that the stabilization period for the global offering ended on August 26, 2026 (Wednesday), which is the 30th day after the submission deadline for Hong Kong public offering applications. The stabilization actions conducted by Goldman Sachs (Asia) L.L.C. or its affiliates or any person acting for them during the stabilization period are as follows: (1) A total of 8.175 million H shares were over-allocated in the international offering, accounting for approximately 15.0% of the total number of shares initially offered under the global offering (prior to the exercise of any over-allotment options); (2) During the stabilization period, a total of 3.2451 million H shares were continuously purchased in the market at prices ranging from HKD 880.5 to HKD 971.0 per H share (excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy), representing approximately 6.0% of the total number of shares available for subscription under the global offering (prior to the exercise of any over-allotment options). The last purchase during the stabilization period occurred on July 30, 2026, at a price of HKD 960.0 per H share (excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy); (3) During the stabilization period, a total of 3.2451 million H shares were continuously sold in the market at prices ranging from HKD 987.0 to HKD 1,319.0 per H share (excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy). The last sale during the stabilization period occurred on August 25, 2026, at a price of HKD 1,009.0 per H share (excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy); and (4) The sponsor and global coordinator (on behalf of the international underwriters) fully exercised the over-allotment option on August 26, 2026 (Wednesday) at a price of HKD 980.00 per H share (the offer price per H share under the global offering, excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% exchange trading fee, and 0.00015% Government Trading Levy), involving a total of 8.175 million H shares, approximately 15.0% of the total number of shares available for subscription under the global offering (prior to the exercise of any over-allotment options), to accelerate the delivery of part of the H shares to the investors who agreed to delay delivery of the relevant shares subscribed for under the global offering.