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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange ’’)a n d
Hong Kong Securities Clearing Company Limited ( ‘‘HKSCC ’’) take no responsibility for the contents of this
announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this
announcement.
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those
defined in the prospectus dated 21 June 2024 (the ‘‘Prospectus ’’) issued by Zhonggan Communication (Group) Holdings
Limited (the ‘‘Company ’’).
This announcement is for information purposes only and does not constitute an offer or an invitation to induce an offer
by any person to acquire, purchase or subscribe for any securities of the Company. This announcement is not a
prospectus. Potential investors should read the Prospectus for detailed information about the Company and the Global
Offering described below before deciding whether or not to invest in the Offer Shares. Any investment decision in
relation to the Offer Shares should be taken solely in reliance on the information provided in the Prospectus.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States
(including its territories and possessions, any state o f the United States and the District of Columbia). This
announcement does not constitute or form a part of any offer or s olicitation to purchase or subscribe for securities in the
United States or in any other jurisdictions. The Offer Shares have not been and will not be registered under the U.S.
Securities Act of 1933, as amended, supplemented or otherwise modified from time to time (the ‘‘U.S. Securities Act ’’)
or any state securities laws in the United States, and may not be offered, sold, pledged or transferred within the United
States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act)
except in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act. The Offer
Shares are being offered and sold outside the United State s in offshore transactions in reliance on Regulation S under
the U.S. Securities Act. There will not be and is not currently intended to be any public offering of securities of the
C o m p a n yi nt h eU n i t e dS t a t e s .
In connection with the Global Offering, Zhongtai Internati onal Securities Limited, as the stabilising manager (the
‘‘Stabilising Manager ’’), its affiliates or any person acting for it, on behal f of the Underwriters, may effect transactions
with a view to stabilising or supporting the market price of the Shares at a level higher than that which might otherwise
prevail for a limited period after the Listing Date. Howeve r, there is no obligation on the Stabilising Manager, its
affiliates or any person acting for it, to conduct any such stabilising action, which, if commenced, will be done at the
sole and absolute discretion of the Stabilising Manager , its affiliates or any person acting for it, and may be
discontinued at any time. Any such stabilising activity is required to be brought to an end on Saturday, 27 July 2024,
being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offer. Such
stabilisation action, if taken, may be effected in all juris dictions where it is permissible to do so, in each case in
compliance with all applicable laws, rules and regulatory re quirements, including the Securities and Futures (Price
Stabilizing) Rules (Chapter 571W of the Laws of Hong K ong), as amended, made under the Securities and Futures
Ordinance (Chapter 571 of the Laws of Hong Kong).
Potential investors should be aware that stabilising action c annot be taken to support the price of the Shares for longer
than the stabilisation period which begins on the Listin g Date and is expected to expire on Saturday, 27 July 2024,
being the 30th day after the last day for the lodging of applications under the Hong Kong Public Offer. After this date,
no further stabilising action may be taken, and demand for the Shares and therefore the price of the Shares could fall.
Potential investors of the Offer Shares should note that the Sole Overall Coordinator (for itself and on behalf of the
Hong Kong Underwriters) shall be entitled to terminate th e Hong Kong Underwriting Agreement with immediate effect
upon the occurrence of any of the events set out in the section headed ‘‘Underwriting – Underwriting arrangements and
expenses – The Hong Kong Public Offer – Grounds for termination ’’ in the Prospectus at any time prior to 8:00 a.m.
(Hong Kong time) on the Listing Date (which is currently expected to be on Wednesday, 3 July 2024.)
1


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Zhonggan Communication (Group) Holdings Limited
中贛通信（ 集團）控股有限公司
(Incorporated in the Cayman Islands with limited liability)
GLOBAL OFFERING
Number of Offer Shares : 160,000,000 Shares
Number of Hong Kong
Public Offer Shares
: 80,000,000 Shares (as adjusted after
reallocation)
Number of International
Placing Shares
: 80,000,000 Shares (as adjusted after
reallocation)
Offer Price : HK$1.25 per O ffer Share, plus brokerage
of 1%, SFC transaction levy of 0.0027%,
Stock Exchange trading fee of 0.00565%
and AFRC transaction levy of 0.00015%
Nominal value : HK$0.1 per Share
Stock code: : 2545
Sole Sponsor
⳪暲@:9)
Sole Overall Coordinator, Sole Global Coordinator,
Joint Bookrunner and Joint Lead Manager
⳪暲@:9)
Joint Bookrunners and Joint Lead Managers
Joint Lead Managers
2


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Zhonggan Communication (Group) Holdings Limited
中贛通信(集團)控股有限公司
ANNOUNCEMENT OF FINAL OFFER PRICE AND
ALLOTMENT RESULTS
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings
as those defined in the prospectus dated 21 June 2024 (the “Prospectus”) issued by Zhonggan Communication
(Group) Holdings Limited (the “Company”).

Warning: In view of high concentration of shareholding in a small number of Shareholders,
Shareholders and prospective investors should be aware that the price of the Shares could move
substantially even with a small number of Shares traded and should exercise extreme caution when
dealing in the Shares.
SUMMARY

Company information
Stock code  2545
Stock short name  ZHONGGAN COMM
Dealings commencement date  3 July 2024*
*see note at the end of the announcement

Price Information
Final Offer Price  HK$1.25
Offer Price Range HK$1.13 - HK$1.25
Offer Price Adjustment exercised  No

Offer Shares and Share Capital
Number of Offer Shares  160,000,000
Number of Offer Shares in Hong Kong Public Offer (after
reallocation)
80,000,000
Number of offer shares in International Placing (after
reallocation)
80,000,000
Number of issued shares upon Listing  640,000,000

Over-allocation
No. of Offer Shares over-allocated  0

Proceeds
Gross proceeds (Note)  HK$ 200.00 million
Less: Estimated listing expenses payable based on Final
Offer Price
HK$ (48.73) million
Net proceeds  HK$ 151.27 million

Note: Gross proceeds refers to the amount to which the issuer is entitled receive. For details of the use of
proceeds, please refer to the Prospectus dated 21 June 2024.


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ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFER

No. of valid applications  14,245
No. of successful applications  12,665
Subscription level  195.99 times
Claw-back triggered Yes
No. of Offer Shares initially available under the Hong Kong Public
Offer
16,000,000
Final no. of Offer Shares under the Hong Kong Public Offer (after
reallocation)
80,000,000
% of Offer Shares under the Hong Kong Public Offer to the
Global Offering
50.00%

Note: For details of the final allocation of shares to the Hong Kong Public Offer, investors can refer to https://w
ww.hkeipo.hk/IPOResult to perform a search by name or identification number or
https://www.hkeipo.hk/IPOResult for the full list of allottees.

INTERNATIONAL PLACING

No. of placees  133
Subscription Level  1.50 times
No. of Offer Shares initially available under the International
Placing
144,000,000
Final no. of Offer Shares under the International Placing (after
reallocation)
80,000,000
% of Offer Shares under the International Placing to the Global
Offering
50.00%

The Directors confirm that, to the best of their knowledge, information and belief, (i) none of the Offer Shares
subscribed by the placees and the public have been financed directly or indirectly by the Company, any of the
Directors, chief executive of the Company, controlling shareholders, substantial shareholders, existing
shareholders of the Company or any of its subsidiaries or their respective close associates;  and (ii) none of
the placees and the public who have  purchased the Offer Shares are  accustomed to taking instructions from
the Company, any of the Directors, chief executive of the Company, controlling shareholders, substantial
shareholders, existing shareholders of the Company or any of its subsidiaries or their respective close
associates in relation to the acquisition, disposal, voting or other disposition of Shares registered in his/her/its
name or otherwise held by him/her/it.


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LOCK-UP UNDERTAKINGS

Controlling Shareholders
 Name
Number of shares held
in the Company subject
to lock-up
undertakings upon
listing
% of shareholding in
the Company subject to
lock-up  undertakings
upon listing (assuming
the Over-allotment
Option is not exercised)
Last day subject to the
lock-up undertakings
GT & Yangtze Limited
Note 1
359,444,530 56.16% 2 January 2025 (First
Six-Month Period) Note 2
2 July 2025 (Second
Six-Month Period) Note 3
Subtotal 359,444,530 56.16%

In accordance with the relevant Listing Rule/guidance materials, the required lock-up for the first six-
month period ends on 2 January 2025 and for the second six-month period, on 2 July 2025.

Notes:
1. Immediately following completion of the Capitalisation Issue and the Global Offering, GT &
Yangtze Limited (“GT & Yangtze”) will be interested in approximately 56.16% of the Company's
total issued share capital. GT & Yangtze is a company owned as to 70.0% by Mr. L iu Haoqiong
(“Mr. Liu”) and as to 30.0% by Ms. T ao Xiulan (“Ms. Tao”), respectively. Hence, Mr. L iu and
Ms. Tao will be regarded as Controlling Shareholders and each of them is subject to the same lock-
up as GT & Yangtze as disclosed above.

2. The Controlling Shareholder may dispose of or transfer Shares aft er the indicated date subject
to that the Controlling  Shareholder  will not cease to be a Controlling  Shareholder.

3. The Controlling Shareholder  will cease to be prohibited from disposing of or transferring
Shares after the indicated date.


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Pre-IPO Investors (as defined in the “History and Reorganisation” section of the Prospectus)
 Name
Number of shares held
in the Company subject
to lock-up
undertakings upon
listing
% of shareholding in the
Company subject to
lock-up undertakings
upon listing (assuming
the Over-allotment
Option is not exercised)
Last day subject to the
lock-up undertakings
You Po Commerce
Limited / 酉珀商務有限
公司
20,548,488 3.22% 2 January 2025 Note
Shu Zhi Shen Kong
Investment Limited / 數
智深空投資有限公司
6,416,449 1.00% 2 January 2025 Note
Yeung Hoi Ka / 楊鎧嘉 4,800,233 0.75% 2 January 2025 Note
Rui Da Xin Tao Capital
Management Centre
Limited / 睿達信韜資本
管理中心有限公司
2,749,703 0.43% 2 January 2025 Note
Subtotal 34,514,873 5.40%

The expiry date of the lock-up period shown in the table above is pursuant to the disclosures in the
Prospectus. For details, please refer to the paragraph headed "History and Reorganisation – Pre-IPO
Investments" in the Prospectus.

Note: The Pre-IPO Investor will cease to be prohibited from disposing of or transferring Shares after the
indicated date.


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PLACEE CONCENTRATION ANALYSIS
Placees Number of Shares allotted

Allotment as % of International Placing
(assuming no exercise of the Over-
allotment Option)
Allotment as % of total Offer Shares
(assuming no exercise of the Over-
allotment Option)
Number of
Shares held upon Listing

% of total issued share capital upon
Listing (assuming no exercise of the
Over-allotment Option)
Top 1 23,760,000 29.70% 14.85% 23,760,000 3.71%
Top 5 55,440,000 69.30% 34.65% 55,440,000 8.66%
Top 10 77,304,000 96.63% 48.32% 77,304,000 12.08%
Top 25 79,784,000 99.73% 49.87% 79,784,000 12.47%

Notes:
* Ranking of placees is based on the number of Shares allotted to the placees.


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SHAREHOLDER CONCENTRATION ANALYSIS
Shareholders
Number of Shares
allotted

Allotment as % of
International Placing
(assuming no exercise
of the Over-allotment
Option)
Allotment as % of
total Offer Shares
(assuming no exercise
of the Over-
allotment Option)
Number of Shares
held upon Listing

% of total issued share
capital upon Listing
(assuming no exercise of
the Over-allotment
Option)
Top 1 0 0.00% 0.00% 359,444,530 56.16%
Top 5 23,760,000 29.70% 14.85% 477,291,556 74.58%
Top 10 55,440,000 69.30% 34.65% 521,473,615 81.48%
Top 25 82,260,000 99.60% 51.41% 562,260,000 87.85%

Notes:
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.

BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFER
Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by
the public will be conditionally allocated on the basis set out below:

NO. OF
SHARES
APPLIED FOR
NO. OF VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF THE
TOTAL NO. OF
SHARES APPLIED FOR
Pool A
2,000 5,269 3,689 out of 5,269 applicants to receive 2,000
Shares 70.01%
4,000 717 2,000 Shares plus 230 out of 717 applicants to
receive an additional 2,000 Shares 66.04%
6,000 1,408 2,000 Shares plus 834 out of 1,408 applicants to
receive an additional 2,000 Shares 53.08%
8,000 275 2,000 Shares plus 165 out of 275 applicants to
receive an additional 2,000 Shares 40.00%
10,000 378 2,000 Shares plus 227 out of 378 applicants to
receive an additional 2,000 Shares 32.01%
12,000 142 2,000 Shares plus 89 out of 142 applicants to
receive an additional 2,000 Shares 27.11%
14,000 86 2,000 Shares plus 56 out of 86 applicants to
receive an additional 2,000 Shares 23.59%
16,000 106 2,000 Shares plus 70 out of 106 applicants to
receive an additional 2,000 Shares 20.75%
18,000 57 2,000 Shares plus 38 out of 57 applicants to
receive an additional 2,000 Shares 18.52%
20,000 914 2,000 Shares plus 610 out of 914 applicants to
receive an additional 2,000 Shares 16.67%
30,000 634 2,000 Shares plus 460 out of 634 applicants to
receive an additional 2,000 Shares 11.50%


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40,000 260 2,000 Shares plus 193 out of 260 applicants to
receive an additional 2,000 Shares 8.71%
50,000 139 2,000 Shares plus 105 out of 139 applicants to
receive an additional 2,000 Shares 7.02%
60,000 288 2,000 Shares plus 226 out of 288 applicants to
receive an additional 2,000 Shares 5.95%
70,000 280 2,000 Shares plus 241 out of 280 applicants to
receive an additional 2,000 Shares 5.32%
80,000 120 2,000 Shares plus 112 out of 120 applicants to
receive an additional 2,000 Shares 4.83%
90,000 57 4,000 Shares 4.44%
100,000 1,073 4,000 Shares plus 55 out of 1,073 applicants to
receive an additional 2,000 Shares 4.10%
200,000 498 4,000 Shares plus 65 out of 498 applicants to
receive an additional 2,000 Shares 2.13%
300,000 199 4,000 Shares plus 35 out of 199 applicants to
receive an additional 2,000 Shares 1.45%
400,000 190 4,000 Shares plus 38 out of 190 applicants to
receive an additional 2,000 Shares 1.10%
500,000 96 4,000 Shares plus 24 out of 96 applicants to
receive an additional 2,000 Shares 0.90%
600,000 103 4,000 Shares plus 32 out of 103 applicants to
receive an additional 2,000 Shares 0.77%
700,000 63 4,000 Shares plus 20 out of 63 applicants to
receive an additional 2,000 Shares 0.66%
800,000 94 4,000 Shares plus 32 out of 94 applicants to
receive an additional 2,000 Shares 0.59%
900,000 75 4,000 Shares plus 26 out of 75 applicants to
receive an additional 2,000 Shares 0.52%
1,200,000 81 4,000 Shares plus 33 out of 81 applicants to
receive an additional 2,000 Shares 0.40%
1,500,000 88 4,000 Shares plus 36 out of 88 applicants to
receive an additional 2,000 Shares 0.32%
1,800,000 34 4,000 Shares plus 16 out of 34 applicants to
receive an additional 2,000 Shares 0.27%
2,100,000 30 4,000 Shares plus 22 out of 30 applicants to
receive an additional 2,000 Shares 0.26%
2,400,000 32 4,000 Shares plus 25 out of 32 applicants to
receive an additional 2,000 Shares 0.23%
2,700,000 15 4,000 Shares plus 12 out of 15 applicants to
receive an additional 2,000 Shares 0.21%
3,000,000 42 4,000 Shares plus 36 out of 42 applicants to
receive an additional 2,000 Shares 0.19%
3,300,000 15 4,000 Shares plus 13 out of 15 applicants to
receive an additional 2,000 Shares 0.17%
3,600,000 84 4,000 Shares plus 74 out of 84 applicants to
receive an additional 2,000 Shares 0.16%
3,900,000 173 6,000 Shares 0.15%

Total 14,115 Total number of Pool A successful applicants:
12,535
Pool B
4,500,000 58  248,000 Shares 5.51%
5,100,000 12 280,000 Shares 5.49%


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5,700,000 5 312,000 Shares 5.47%
6,300,000 33 342,000 Shares 5.43%
7,000,000 1 380,000 Shares 5.43%
8,000,000 21 430,000 Shares 5.38%

Total 130 Total number of Pool B successful applicants:
130


As of the date of this announcement, the relevant subscription monies previously deposited in the
designated nominee accounts have been remitted back to the accounts of all HKSCC participants .
Investors should contact their relevant brokers for any inquiries.


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COMPLIANCE WITH LISTING RULES AND GUIDANCE
The Directors confirm that, except for the Listing Rules that have been waived  and/or in respect of
which consent has been obtained, the Company has complied with the Listing Rules and guidance
materials in relation to the placing, allotment and listing of the Company’s shares.
The Directors confirm that, to the best of their knowledge, the consideration paid by the placees or the
public (as the case may be) directly or indirectly for each Offer Share subscribed for or purchased by
them was the same as the final Offer Price in addition to any brokerage, AFRC transaction levy, SFC
transaction levy and trading fee payable.

DISCLAIMERS

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock
Exchange”) and Hong Kong Securities Clearing Company Limited (“HKSCC”) take no
responsibility for the contents of this announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from
or in reliance upon the whole or any part of the contents of this announcement.
This announcement is not for release, publication, distribution, directly or indirectly, in or into the
United States (including its territories and possessions, any state of the United States and the
District of Columbia). This announcement does not constitute or form a part of any offer or
solicitation to purchase or subscribe for securities in the United States. The securities mentioned
herein have not been, and will not be, registered under the United States Securities Act of 1933, as
amended (the “ U.S. Securities Act ”). The securi ties may not be offered or sold in the United States
except pursuant to an exemption from the registration requirements of the U.S. Securities Act and in
compliance with any applicable state securities laws, or outside the United States unless in
complianc e with Regulation S under the U.S. Securities Act. There will be no public offer of
securities in the United States.
The Offer Shares are being offered and sold (1) solely to qualified institutional buyers as defined in Rule
144A under the U.S. Securities Act pursuant to an exemption from registration under the U.S. Securities
Act and (2) outside the United States in offshore transactions in reliance on Regulation S under the U.S.
Securities Act.
This announcement is for information purposes only and does not constitute an invitation or offer to
acquire, purchase or subscribe for securities. This announcement is not a prospectus. Potential
investors should read the Prospectus dated 21 June 2024 issued by the Company for detailed
information about the Global Offering described below before deciding whether or not to invest in
the Shares thereby being offered.
*Potential investors of the Offer Shares should note that the Sole Overall Coordinator and the Sole
Global Coordinator  (for itself and on behalf of the Hong Kong Underwriters) shall be entitled to
terminate their obligations under the Hong Kong Underwriting Agreement with immediate effect
upon the occurrence of any of the events set out in the paragraph headed “Underwriting –
Underwriting Arrangements and Expenses – The Hong Kong Public Offer – Grounds for
Termination ” in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date
(which is currently  expected  to be on 3 July 2024).


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PUBLIC FLOAT
The Directors confirm that, immediately follo wing completion of the Capitalisation Issue
and the Global Offering: (i) at least 25% of th e total number of issued Shares will be held
by the public, in compliance wit h Rule 8.08(1) of the Listing Ru les; (ii) the Shares will be
held by at least 300 Shareholders at the time o f Listing, in compliance with Rule 8.08(2) of
the Listing Rules; (iii) the three largest publ ic Shareholders will not hold more than 50% of
the Shares held in public hands at the time of L isting, in compliance with Rule 8.08(3) of
the Listing Rules; (iv) no placee will, indivi dually, be placed more than 10% of the enlarged
issued share capital of the Company immediately after the Global Offering; and (v) there
will not be any new substantial Shareholde r (as defined in the Listing Rules) of the
Company.
COMMENCEMENT OF DEALINGS
Share certificates will only become valid a t 8:00 a.m. (Hong Kong time) on Wednesday, 3
July 2024, provided that the Global Offerin g has become unconditional and the right of
termination described in the section headed ‘‘Underwriting – Underwriting arrangements and
expenses – The Hong Kong Public Offer – Grounds for termination ’’ in the Prospectus has
not been exercised. Investors w ho trade Shares prior to the rece ipt of Share certificates or
the Share certificates becoming valid evide nce of title do so entirely at their own risk.
Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. (Hong
Kong time) on Wednesday, 3 July 2024, it is e xpected that dealings in the Shares on the
Stock Exchange will commence at 9:00 a.m. on W ednesday, 3 July 2024. The Shares will be
traded in board lots of 2,000 Shares eac h. The stock code of the Shares is 2545.
By order of the Board
Zhonggan Communication (Group) Holdings Limited
Liu Haoqiong
Chairman and Executive Director
Hong Kong, 2 July 2024
As at the date of this announcement, the executive Directors are Mr. Liu Haoqiong,
Mr. Peng Shengqian, Ms. Xie Xiaolan, Mr. Li u Dingli, Mr. Liu Dingyi, Mr. Zhou Zhiqiang;
and the independent non-executive Dire ctors are Mr. Yu Shiyong, Mr. Li Yinguo and
Mr. Zhu Yugang.
This announcement is available for vie wing on the website of the Company at
www.gantongjt.com and the website of the Stock Exchange at www.hkexnews.hk.
3
