--- page 1 ---
1
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.
Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those
defined in the prospectus dated May 8, 2025 (the “Prospectus ”) issued by Green Tea Group Limited (ʮ
̡) (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 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 of the United States and the District of Columbia) or to any person
(as defined in Regulation S under the U.S. Securities Act of 1933, as amended from time to time, (the “U.S. Securities
Act”)) or any other jurisdiction where such distribution is prohibited by law. This announcement does not constitute
or form a part of any offer to sell or solicitation to purchase or subscribe for securities in the United States or in any
other jurisdictions.  The securities may not be offered, sold, pledged or otherwise transferred within 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 compliance with Regulation S under the U.S.
Securities Act. There will be no public offer of securities in the United States.
In connection with the Global Offering, CMB International Global Markets Limited, as the stabilizing manager (the
“Stabilizing Manager ”), or any person acting for it and on behalf of the Underwriters, may over-allocate or effect
transactions with a view to stabilizing 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. However, there is no obligation on the Stabilizing
Manager (or any person acting for it) to conduct any such stabilizing action. Such stabilizing action, if taken, (a)
will be conducted at the absolute discretion of the Stabilization Manager (or any person acting for it) and in what the
Stabilization Manager reasonably regards as the best interest of the Company, (b) may be discontinued at any time and
(c) is required to be brought to an end within 30 days of the last day for lodging applications under the Hong Kong
Public Offering. Such stabilization action, if commenced, may be effected in all jurisdictions where it is permissible to
do so, in each case in compliance with all applicable laws, rules and regulatory requirements, including the Securities
and Futures (Price Stabilizing) Rules (Chapter 571W of the Laws of Hong Kong), as amended, made under the
Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Potential investors should be aware that stabilizing action cannot be taken to support the price of the Shares for longer
than the stabilization period which begins on the Listing Date, and is expected to expire on June 12, 2025, the 30th
day after the last day for the lodging of applications under the Hong Kong Public Offering. After this date, no further
stabilizing action may be taken, demand for the Shares, and therefore the price of the Shares, could fall.
Potential investors of the Offer Shares should note that the Joint Sponsors and the Joint Representatives (for
themselves and on behalf of the Hong Kong Underwriters) shall be entitled to terminate the 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 – Hong Kong Public Offering – Grounds for Termination ”
in the Prospectus at any time prior to 8:00 a.m. on the Listing Date.


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2
Green Tea Group Limited
ʮ̡
(Incorporated under the laws of the Cayman Islands with limited liability)
GLOBAL OFFERING
Number of Offer Shares under
the Global Offering
: 168,364,000 Shares (comprising
 117,854,800 New Shares and
 50,509,200 Sale Shares and subject to
 the Over-allotment Option)
Number of Hong Kong Offer Shares : 84,182,000 Shares (as adjusted after
 reallocation)
Number of International Offer Shares : 84,182,000 Shares (as adjusted after
 reallocation and subject to the
 Over-allotment Option)
Offer Price : HK$7.19 per Offer Share, plus
 brokerage of 1.0%, SFC transaction
 levy of 0.0027%, Stock Exchange
 trading fee of 0.00565%, and AFRC
 transaction levy of 0.00015%
Nominal Value : US$0.00002 per Share
Stock Code : 6831
Joint Sponsors, Overall Coordinators, Joint Global Coordinators,
Joint Bookrunners and Joint Lead Managers
(in alphabetical order)
Overall Coordinators
(in alphabetical order)


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Green Tea Group Limited / 綠茶集團有限公司
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 8 May 2025 (the “Prospectus”) issued by Green Tea Group 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  6831
Stock short name  GREEN TEA GROUP
Dealings commencement date  16 May 2025*
*see note at the end of the announcement

Price Information
Final Offer Price  HK$7.19
Offer Price Range N/A
Offer Price Adjustment exercised  N/A

Offer Shares and Share Capital
Number of Offer Shares  168,364,000
Number of Offer Shares in Public Offer (as adjusted after
reallocation)
84,182,000
Number of offer shares in International Offer (as adjusted
after reallocation)
84,182,000
Number of issued shares upon Listing (before exercise of
the Over-allotment Option)
673,454,800

Over-allocation
No. of Offer Shares over-allocated  25,254,400
Such over-allocation may be covered by exercising the Over-allotment Option or by making purchases
in the secondary market at prices that do not exceed the Offer Price or through deferred delivery or a
combination of these means. In the event the Over-allotment Option is exercised, an announcement will
be made on the Stock Exchange’s website.

Proceeds to the Company
Gross proceeds to the Company (Note 1)  HK$847.38 million
Less: Estimated listing expenses payable based on the
Offer Price
HK$(101.60) million
Net proceeds to the Company HK$745.78 million
Notes:

(1) Gross proceeds to the Company refer to the amount to which the issuer is entitled to receive. Net
proceeds represent the estimated net proceeds calculated by the gross proceeds deducted by the
estimated listing expenses payable based on Final Offer Price. For details of the use of proceeds,


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please refer to the section headed “Future Plans and Use of Proceeds” of  the Prospectus. The
Company will adjust the allocation of the net proceeds from the exercise of the Over -allotment
Option (if any) for the purposes as set out in the section headed “Future Plans and Use of
Proceeds” of the Prospectus on a pro rata basis. As of December 31, 2024, the listing expenses
of approximately HK$47.2 million have been charged to the consolidated statements of profit or
loss of the Company.
(2) Assuming the Over-allotment Option is not exercised, the net proceeds from the Global Offering
payable to the Selling Shareholder  (after deduction of the underwriting commissions and other
estimated expenses) in connection with the Global Offering, are estimated to be approximately
HK$348.6 million. The Company will not receive any of the net proceeds from the Sale Shares.

ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFERING

No. of valid applications  98,482
No. of successful applications  71,751
Subscription level  317.54 times
Claw-back triggered  Yes
No. of Offer Shares initially available under the Hong Kong Public
Offering
16,836,400
No. of Offer Shares reallocated from the International Offering
(claw-back)
67,345,600
Final no. of Offer Shares under the Hong Kong Public Offering
(after reallocation)
84,182,000
% of Offer Shares under the Hong Kong Public Offering to the
Global Offering
50%

Note: For details of the final allocation of shares to the Public Offer, investors can refer to
https://www.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 OFFERING

No. of placees  134
Subscription Level  7.20 times
No. of Offer Shares initially available under the International
Offer
151,527,600
No. of Offer Shares reallocated to the Public Offer (claw-back)  67,345,600
Final no. of Offer Shares under the International Offer (as
adjusted after reallocation)
84,182,000
% of Offer Shares under the International Offer 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


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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.
Cornerstone Investors
Investor Note 1
No. of Offer Shares
allocated
% of Total Offer
Shares (before
exercise of the
Over-allotment
Option)
% of the
Company’s total
issued shares
immediately
following
completion of
the Global
Offering (before
exercise of the
Over-allotment
Option)
Existing
shareholders
or their close
associates
Wuxi Zixian Food
Co., Ltd. (無錫紫鮮
食品有限公司)
(“Wuxi Zixian”) 33,636,400 19.98% 4.99%



No
Anji Liangshan Rural
Revitalization Equity
Investment
Partnership (Limited
Partnership)
(安吉兩山鄉村振興
股權投資合夥企業
(有限合夥)) (“Anji
Liangshan”) 12,493,200 7.42% 1.86%








No
Action Chain
International Limited
(“Action Chain”) 12,619,600 7.50% 1.87%


No
Chia Tai Food
Investment Company
Limited (正大食品
投資有限公司)
(“Chia Tai”) 6,882,000 4.09% 1.02%




No
Sino Top Trading
Limited (華置貿易
有限公司) (“Sino
Top”) 6,057,600 3.60% 0.90%


No
Wuxi Hexiang Food
Co., Ltd. (無錫合翔
食品有限公司)
(“Wuxi Hexiang”) 4,805,200 2.85% 0.71%



No
Wuxi Lvlian Food
Co., Ltd. (無錫綠聯
食品有限公司)
(“Wuxi Lvlian”) 4,805,200 2.85% 0.71%



No


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Investor Note 1
No. of Offer Shares
allocated
% of Total Offer
Shares (before
exercise of the
Over-allotment
Option)
% of the
Company’s total
issued shares
immediately
following
completion of
the Global
Offering (before
exercise of the
Over-allotment
Option)
Existing
shareholders
or their close
associates
Wuxi Qinyu Food
Co., Ltd. (無錫琴雨
食品有限公司)
(“Wuxi Qinyu”) 2,882,800 1.71% 0.43%



No
Subtotal 84,182,000 50.00% 12.50%

Note:
1. For further details of the Cornerstone Investors, please refer to the section headed "Cornerstone
Investors" in the Prospectus.

Allottees who are customer(s) or client(s) / supplier(s) of the issuer
Investor
No. of shares
allocated
% of offer
shares
% of total issued
share capital after the
Global Offering

Relationship*
Wuxi Lvlian  4,805,200 2.85% 0.71%
Supplier of the
issuer
Wuxi Hexiang  4,805,200 2.85% 0.71%
Supplier of the
issuer
Total 9,610,400 5.71% 1.43%

Allotees with Waivers/Consents Obtained
Investor
No. of Offer
Shares allocated
% of total number
of Offer Shares
(assuming the
Over-allotment
Option is not
exercised)
% of total issued
share capital after
the Global
Offering
(assuming the
Over-allotment
Option is not
exercised) Relationship
Allotees with consent under paragraph 5(1) of the Placing Guidelines and Chapter 4.15 of the Guide for
New Listing Applicants in relation to allocations to connected clients Note 1
Anji Liangshan 12,493,200 7.42% 1.86% Connected client
CITIC Securities
International Capital
Management
Limited (“CITIC
Capital”)
860,000 0.51% 0.13% Connected client

Note:


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Investor
No. of Offer
Shares allocated
% of total number
of Offer Shares
(assuming the
Over-allotment
Option is not
exercised)
% of total issued
share capital after
the Global
Offering
(assuming the
Over-allotment
Option is not
exercised) Relationship
1. For details of the consent under paragraph 5(1) of the Placing Guidelines and Chapter 4.15 of
the Guide for New Listing Applicants in relation to allocations to connected clients, please refer
to the section headed “Waivers from Strict Compliance with the Listing Rules  – Consent in
relation to Allocation of Offer Shares to Connected Clients of Distributors” of the Prospectus and
the section headed “Others / Additional Information – Placing to connected clients with a prior
consent under paragraph 5(1) of the Placing Guidelines” in this announcement.

LOCK-UP UNDERTAKINGS
Controlling Shareholders
 Name
Number of shares held
in the Company subject
to lock-up
undertakings upon
listing
% of total issued shares
after the Global Offering
subject to lock-up
undertakings upon
listing (assuming the
Over-allotment Option is
not exercised)
Last day subject to
the lock-up
undertakings
Time Sonic Investments
Limited Note 1
365,600,000 54.29% 15 November 2025
(First Six-Month
Period) Note 2
15 May 2026
(Second Six-Month
Period) Note 3
Notes:
(1) Immediately following the completion of the Global Offering (assuming that the  Over-allotment
Option is not exercised), Mr. Wang, his wholly-owned holding company Yielding Sky, Ms. Lu, her
wholly-owned holding company Contemporary Global Investments  and Time Sonic, which is
controlled by Mr. Wang and Ms. Lu as it is owned as to 99.9% by Absolute Smart Ventures, which
is in turn wholly owned by East Superstar, both the holding vehicles used by Vistra Trust, will be
entitled to exercise voting rights of approximately  54.29% of the issued share capital of our
Company. Accordingly, Mr. Wang, Yielding Sky, Ms. Lu, Contemporary Global Investments, Time
Sonic, Absolute Smart Ventures, East Superstar  and Vistra T rust are a group of controlling
shareholders after the Listing.
(2) The Controlling Shareholder may dispose of or transfer Shares after 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.

Cornerstone Investors


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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
Wuxi Zixian  33,636,400 4.99% 15 November 2025
Anji Liangshan

12,493,200 1.86% 15 November 2025
Action Chain  12,619,600 1.87% 15 November 2025
Chia Tai  6,882,000 1.02% 15 November 2025
Sino Top  6,057,600 0.90% 15 November 2025
Wuxi Hexiang  4,805,200 0.71% 15 November 2025
Wuxi Lvlian  4,805,200 0.71% 15 November 2025
Wuxi Qinyu  2,882,800 0.43% 15 November 2025
Subtotal 84,182,000 12.50%

Existing Shareholder
 Name
Number of shares held
in the Company subject
to lock-up
undertakings upon
listing
% of total issued shares
after the Global Offering
subject to lock-up
undertakings upon
listing (assuming the
Over-allotment Option is
not exercised)
Last day subject to
the lock-up
undertakings
Partners Group Gourmet
House Limited ("Partners
Gourmet")
106,140,800 15.76% 15 November 2025

Note:
1. Partners Gourmet has entered into a deed of lock -up undertaking in favor of the  Company and
the Joint Sponsors pursuant to which certain lock-up restrictions have been imposed on its Shares
during the period ending on the date that is 6 months from the Listing Date. For details, please
refer to the section headed “ Underwriting –  Undertaking by Partners Gourmet” of the
Prospectus.


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PLACEE CONCENTRATION ANALYSIS
Placees
Number of Shares
allotted

Allotment as % of
International Offering
(assuming no exercise of
the Over-allotment
Option)




Allotment as % of
International Offering
(assuming the Over-
allotment Option is fully
exercised)
Allotment as % of total
Offer Shares (assuming no
exercise of the Over-
allotment Option)





Allotment as % of total
Offer Shares (assuming the
Over-allotment Option is
fully exercised)
Number of
 Shares held upon Listing)

% of total issued share
capital upon Listing
(assuming no exercise of
the Over-allotment
Option)


% of total issued share
capital upon Listing
(assuming the Over-
allotment Option is fully
exercised )
Top 1 33,636,400 39.96% 30.74% 19.98% 17.37% 33,636,400 4.99% 4.81%
Top 5 71,688,800 85.16% 65.51% 42.58% 37.03% 71,688,800 10.64% 10.26%
Top 10 89,822,000 106.70% 82.08% 53.35% 46.39% 89,822,000 13.34% 12.86%
Top 25 105,121,600 124.87% 96.06% 62.44% 54.29% 105,121,600 15.61% 15.05%

Note:
(1) Ranking of placees is based on the number of Shares allotted to the placees.


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SHAREHOLDERS CONCENTRATION ANALYSIS
Shareholders*
Number of Shares
allotted

Allotment as % of
International Offering
(assuming no exercise of
the Over-allotment
Option)






Allotment as % of
International Offering
(assuming the Over-
allotment Option is
fully exercised)
Allotment as % of total
Offer Shares (assuming
no exercise of the Over-
allotment Option)






Allotment as % of total
Offer Shares (assuming
the Over-allotment
Option is fully
exercised)
Number of Shares held
upon Listing

% of total issued
Shares capital upon
Listing (assuming no
exercise of the Over-
allotment Option)
% of total issued share
capital upon Listing
(assuming the Over-
allotment Option is
fully exercised)
 Top 1 0 0.00% 0.00% 0.00% 0.00% 365,600,000 54.29% 52.33%
 Top 5 46,256,000 54.95% 42.27% 27.47% 23.89% 551,346,800 81.87% 78.91%
 Top 10 81,299,200 96.58% 74.29% 48.29% 41.99% 586,390,000 87.07% 83.92%
 Top 25 103,912,000 123.44% 94.95% 61.72% 53.67% 609,002,800 90.43% 87.16%

Note:
* Ranking of Shareholders is based on the number of Shares held by the Shareholders upon Listing.


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BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
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:




Number of
Shares applied
for




Number of
valid
applications






Basis of allocation/ballot


Approximate
percentage  allotted
of the total number
of Shares applied
for

Pool A


400 26,390 10,556 out of 26,390 applicants
to receive 400 shares
40.00%
800 7,149 3,705 out of 7,149 applicants to
receive 400 shares
25.91%
1,200 9,197 5,546 out of 9,197 applicants to
receive 400 shares
20.10%
1,600 3,786 2,542 out of 3,786 applicants to
receive 400 shares
16.79%
2,000 4,120 3,007 out of 4,120 applicants to
receive 400 shares
14.60%
2,400 1,812 1,416 out of 1,812 applicants to
receive 400 shares
13.02%
2,800 2,613 2,163 out of 2,613 applicants to
receive 400 shares
11.83%
3,200 1,536 1,337 out of 1,536 applicants to
receive 400 shares
10.88%
3,600 831 756 out of 831 applicants to
receive 400 shares
10.11%
4,000 6,514 6,189 out of 6,514 applicants to
receive 400 shares
9.50%
6,000 3,938 400 shares plus 365 out of 3,938
applicants to receive an
additional 400 shares
7.28%
8,000 2,234 400 shares plus 503 out of 2,234
applicants to receive an
additional 400 shares
6.13%
10,000 6,447 400 shares plus 2,137 out of
6,447 applicants to receive an
additional 400 shares
5.33%
20,000 4,573 400 shares plus 3,315 out of
4,573 applicants to receive an
additional 400 shares
3.45%
30,000 2,503 800 shares 2.67%
40,000 1,997 800 shares plus 469 out of 1,997
applicants to receive an
additional 400 shares
2.23%
50,000 1,154 800 shares plus 495 out of 1,154
applicants to receive an
additional 400 shares
1.94%


--- page 12 ---
60,000 1,034 800 shares plus 621 out of 1,034
applicants to receive an
additional 400 shares
1.73%
70,000 873 800 shares plus 659 out of 873
applicants to receive an
additional 400 shares
1.57%
80,000 838 800 shares plus 751 out of 838
applicants to receive an
additional 400 shares
1.45%
90,000 408 1,200 shares 1.33%
100,000 2,534 1,200 shares plus 372 out of
2,534 applicants to receive an
additional 400 shares
1.26%
200,000 1,384 1,600 shares 0.80%
300,000 705 1,600 shares plus 525 out of 705
applicants to receive an
additional 400 shares
0.63%
400,000 451 2,000 shares plus 127 out of 451
applicants to receive an
additional 400 shares
0.53%
500,000 279 2,400 shares 0.48%
600,000 408 2,400 shares plus 123 out of 408
applicants to receive an
additional 400 shares
0.42%

           95,708  Total number of Pool A
successful applicants:
68,977




Pool B
             700,000


              1,642


10,400 shares plus 381 out of
1,642 applicants to receive an
additional 400 shares
1.50%


             800,000                   220  11,600 shares 1.45%
             900,000                     92  12,800 shares 1.42%
          1,000,000                   431  14,000 shares 1.40%
          2,000,000                   178  24,000 shares 1.20%
          3,000,000                     63  33,200 shares 1.11%
          4,000,000                     44  41,600 shares 1.04%
          5,000,000                     20  49,600 shares 0.99%
          6,000,000                     12  57,200 shares 0.95%
          7,000,000                     16  64,800 shares 0.93%
          8,418,000                     56  74,800 shares 0.89%

 2,774 Total number of Pool B
successful applicants: 2,774


--- page 13 ---
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.

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, no rebate has been, directly or indirectly,
provided by the Company, Directors or syndicate members to any placees or the public (as the case
may be) and the consideration paid by them for each Offer Share subscribed for or purchased by them
was the same as the Offer Price in addition to any brokerage, AFRC transaction levy, SFC transaction
levy and Stock Exchange trading fee payable.
OTHERS / ADDITIONAL INFORMATION

Reallocation
As the Hong Kong Public Offering has been oversubscribed by more than 100 times of the total number
of Offer Shares initially available under the Hong Kong Public Offering, the reallocation procedure as
disclosed in the section headed "Structure of the Global Offering – The Hong Kong Public Offering –
Reallocation" of the Prospectus has been applied.

As a result of such reallocation, the final number of Offer Shares under the Hong Kong Public Offering
is adjusted to 84,182,000 Shares, representing 50% of the total number of Offer Shares available under
the Global Offering (assuming the Over -allotment Option is not exercised) , and the final number of
Offer Shares under the International Offering is adjusted to  84,182,000 Shares, representing 50% of
the total number of Offer Shares available under the Global Offering (assuming the Over -allotment
Option is not exercised).

Placing to connected clients with a prior consent under paragraph 5(1) of the Placing Guidelines

The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a consent
under paragraph 5(1) of the Placing Guidelines to permit Anji Liangshan to participate in the Global
Offering as a Cornerstone  Investor, please refer to the section headed “Allotment Results Details –
International Offering – Cornerstone Investors” in this announcement.

In addition, under the International Offering, certain Offer Shares were placed to connected client of
its connected distributor pursuant to the Placing Guidelines. Details of the placement to connected
client are set out below.


--- page 14 ---
No
.
Connected
Distributor
Connected
Client
Relationship
with the
Connected
Distributor
Identities of the
ultimate beneficial
owners of the Offer
Shares or, where
applicable, details of the
structured products
under which the
subscription by the
Connected Client was
made (e.g. OTC total
return swaps)
Whether the
Connected Client is a
collective investment
scheme which is not
authorised by the
SFC or is expected to
hold the Offer Shares
on behalf of such
scheme
Whether the
connected client will
hold the beneficial
interests of the Offer
Shares on a non-
discretionary basis or
discretionary basis
for independent third
partis
Number of
Offer
Shares to
be allocated
to the
connected
client
Appropriate
percentage of
total number of
Offer Shares
(assuming the
Over-allotment
Option is not
exercised)
Approximate
percentage of total
Shares in issue
immediately following
the completion of
Global Offering
(assuming the Over -
allotment Option is
not exercised)
1. CITIC
Securities
Brokerage
(HK) Limited
(“CITIC
Brokerage”)
CITIC
Capital
CITIC
Capital is a
member of
the same
group of
CITIC
Brokerage
Please refer to Note
(1) below.
N Non-discretionary
basis
860,000 0.51%  0.13%

Note:

(1) CITIC Capital  is to invest on non -discretionary basis  on behalf of its ultimate client (the “CITIC
Ultimate Client”) of the Offer Shares, namely Shanghai Harmony Visione Asset Management Co.,
Ltd. (上海和諧匯一資產管理有限公司) which is ultimately owned by Lin Peng ( 林鹏) as to 37.1%,
Sichuan HEXIE Shuangma Co., Ltd. ( 四川和谐双马有限公司) (a company listed on the Shenzhen
Stock Exchange, stock code: 000935) as to 28.9%, Beijing Compass Technology Development Co.,
Ltd. (北京指南针科技发展股份有限公司) (a company listed on the Shenzhen Stock Exchange, stock
code: 300803) as to 10%, Shanghai Huiyong Enterprise Management Partnership (Limited Partnership)
(上海荟永企业管理合伙企业(有限合伙)) as to 8.4%, Sun Xidong ( 孙曦东) as to 3.4% and Liang
Shuang (梁爽) as to 2.5%, each being an Independent Third Party. CITIC Capital entered into a series
of cross border delta -one OTC swap transactions (the “OTC Swaps”) with CITIC Ultimate Client ,
pursuant to which CITIC Capital will hold the Offer Shares on a non -discretionary basis to hedge the
OTC Swaps while the economic risks and returns of the underlying Offer Shares are passed to CITIC
Ultimate Client, and the OTC Swaps are fully funded by CITIC Ultimate Client. To the best of
knowledge of CITIC Capital, CITIC Ultimate Client and its shareholders are independent third parties
of CITIC Brokerage and the companies which are members of the same group of companies of CITIC
Brokerage and no proprietary money is used for the placing.


--- page 15 ---
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a consent
under paragraph 5(1) of the Placing Guidelines to permit the Company to allocate such Offer Shares
in the International Offering to the connected client listed above. The allocation of Offer Shares to
such connected client is in complian ce with all the conditions under the consent granted by the
Stock Exchange.

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 ment ioned
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 securities may not be offered or sold in the United States
except pursuant to an exemption from the registra tion requirements of the U.S. Securities Act and in
compliance with any applicable state securities laws, or outside the United States unless in
compliance 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 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 8 May 2025 issued by Green Tea Group Limited  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 Joint Representatives (for themselves
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
– Hong Kong Public Offering – Hong Kong Underwriting Agreement – 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 16 May 2025).


--- page 16 ---
3
PUBLIC FLOAT
Immediately following the completion of the Global Offering and without taking into account of
the Over-allotment Option, an aggregate of 168,364,000 Shares or approximately 25% of the total
issued share capital of the Company will be held in the public hands, satisfying the minimum
percentage requirement in compliance with Rule 8.08(1) of the Listing Rules.
The Directors confirm that, immediately following the completion of the Global Offering, (i)
no placee will, individually, be placed more than 10% of the enlarged issued share capital of
the Company immediately after the Global Offering; (ii) there will not be any new substantial
Shareholder immediately after the Global Offering; (iii) the three largest public Shareholders
do not hold more than 50% of the Shares held in the public hands at the time of the Listing in
compliance with Rules 8.08(3) and 8.24 of the Listing Rules; and (iv) there will be at least 300
Shareholders at the time of the Listing in compliance with Rule 8.08(2) of the Listing Rules.
COMMENCEMENT OF DEALINGS
The Share certificates will only become valid evidence of title at 8:00 a.m. on Friday, May 16,
2025 (Hong Kong time), provided that the Global Offering has become unconditional and the right
of termination described in the paragraph headed “Underwriting – Underwriting Arrangements –
Hong Kong Public Offering – Grounds for Termination ” in the Prospectus has not been exercised.
Investors who trade the Shares on the basis of publicly available allocation details prior to the
receipt of Share certificates or prior to the Share certificates becoming valid evidence of title do so
entirely at their own risk.
Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. on Friday, May
16, 2025 (Hong Kong time), it is expected that dealings in the Shares on the Stock Exchange will
commence at 9:00 a.m. on Friday, May 16, 2025 (Hong Kong time). The Shares will be traded in
board lots of 400 Shares each, and the stock code of the Shares will be 6831.
By order of the Board
Green Tea Group Limited
Mr. Wang Qinsong
Chief Executive Officer, Chairman of the Board and Executive Director
Hong Kong, May 15, 2025
As at the date of this announcement, the directors of the Company are: (i) Mr. Wang Qinsong, Ms.
Yu Liying and Mr. Wang Jiawei as executive Directors; (ii) Ms. Lu Changmei, Mr. Liu Sheng and
Ms. Xu Ruijie as non-executive Directors; and (iii) Mr. Shao Xiaodong, Mr. Bruno Robert Mercier
and Mr. Fan Yongkui as independent non-executive Directors.
