Zhonghua CNC (03200.HK) has fully exercised its over-allotment option, stabilized price actions, and the stabilization period has ended.

NightAirdropper · 2026-03-06T23:00:49+00:00

Han's Laser announced that the over-allotment option was exercised on March 5, 2026, involving a total of 7,567,700 H-shares, accounting for 15% of the total offering shares. The over-allotted shares were issued at HKD 95.80 per share to meet the demand for H-shares from the underwriters. Additionally, the stabilization period for the global offering has ended.

NightAirdropper

2026-03-06 23:00:49

Abstract generation in progress

Grandly on March 5th, Zhaolu CNC (03200.HK) announced that the over-allotment option described in the prospectus was fully exercised on Thursday, March 5, 2026, by the sponsor and overall coordinator (for itself and on behalf of the international underwriters), involving a total of 7,567,700 H-shares (“Over-allotment Shares”), representing approximately 15.0% of the total offering shares available under the global offering (before any over-allotment options are exercised).

The over-allotment shares will be allocated and issued by the company at HKD 95.80 per H-share (which is the offering price per H-share under the global offering, excluding 1.0% brokerage commission, 0.0027% SFC transaction levy, 0.00565% HKEX trading fee, and 0.00015% Financial Secretary transaction levy). The over-allotment shares will be used to assist in delivering some H-shares to the underwriters who have agreed to delay delivery of the shares they subscribed for under the global offering.

In accordance with Section 9(2) of the Securities and Futures (Stabilization) Rules, Chapter 571W of the Hong Kong Ordinance, the company further announced that the stabilization period for the global offering ended on Thursday, March 5, 2026 (which is 30 days after the deadline for submitting applications for the Hong Kong public offering).

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