--- 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, capitalised terms used in this announcement shall have the same meanings as those
defined in the prospectus dated December 17, 2024 (the “Prospectus ”) issued by Minieye Technology Co., Ltd ( ଉέ
ʮ̡ ) (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 securities. This announcement is not a prospectus. Potential
investors should read the Prospectus for detailed information about the Global Offering described below before
deciding whether or not to invest in the Offer Shares.
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 to sell or solicitation 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 United States Securities Act of 1933, as amended from time to time (the “U.S. Securities Act ”) or any states
securities laws of the United States. The securities may not be offered or sold in the United States except pursuant to
an effective registration statement or in accordance with an available exemption from, or in a transaction not subject
to, the registration requirements of the U.S. Securities Act. It is not currently intended for there to be any 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.
In connection with the Global Offering, CLSA Limited, as stabilizing manager ( “Stabilizing Manager ”), its affiliates
or any person acting for it, on behalf of the Underwriters, may effect transactions with a view to stabilizing or
supporting the market price of the H Shares at a level higher than that which might otherwise prevail in an open market
for a limited period after the Listing Date. However, there is no obligation on the Stabilizing Manager, its affiliates or
any person acting for it, to conduct any such stabilizing action, which, if commenced, will be conducted at the sole and
absolute discretion of the Stabilizing Manager, its affiliates or any person acting for it, and may be discontinued at any
time. Any such stabilizing activity is required to be brought to an end on the 30th day after the last date for lodging
applications under the Hong Kong Public Offering. Any market purchases of H Shares will be effected in compliance
with all applicable laws and regulatory requirement. 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, as amended, made under the Securities
and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).
Potential investors should be aware that stabilizing actions cannot be taken to support the price of the H Shares for
longer than the stabilization period which will begin on the Listing Date and expire on Sunday, January 19, 2025,
being the 30th day after the last date for lodging applications under the Hong Kong Public Offering. After this date, no
further stabilizing action may be taken and demand for the H Shares and the price of the H Shares could fall.
Potential investors of the Offer Shares should note that the Joint Sponsors and CLSA Limited and China International
Capital Corporation Hong Kong Securities Limited (for themselves and as representative 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 at or prior to 8:00
a.m. on the Listing Date.


--- page 2 ---
2
Minieye Technology Co., Ltd
ʮ̡
(a joint stock company incorporated in the People ’s Republic of China with limited liability)
GLOBAL OFFERING
Number of Offer Shares under the
Global Offering
: 39,190,000 H Shares (subject to the
 Over-allotment Option)
Number of Hong Kong Offer Shares : 3,919,000 H Shares
Number of International Placing Shares : 35,271,000 H Shares (subject to
 the Over-allotment Option)
Final Offer Price : HK$17.00 per H Share, plus brokerage
 of 1.0%, SFC transaction levy of
 0.0027%, AFRC transaction levy of
 0.00015% and Hong Kong Stock
 Exchange trading fee of 0.00565%
 (payable in full on application in
 Hong Kong dollars and subject to refund)
Nominal value : RMB1.00 per H Share
Stock code : 2431
Joint Sponsors, Overall Coordinators,
Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers
Overall Coordinators, Joint Global Coordinators,
Joint Bookrunners and Joint Lead Managers
Joint Bookrunners and Joint Lead Managers
Joint Lead Managers


--- page 3 ---
3


Minieye Technology Co., Ltd
深圳佑駕創新科技股份有限公司
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 December 17, 2024 (the “Prospectus”) issued by Minieye Technology
Co., Ltd (the “Company”).


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

Company information
Stock code  2431
Stock short name  MINIEYE
Dealings commencement date December 27, 2024*
*see note at the end of the announcement

Price Information
Final Offer Price HK$17.00
Offer Price Range HK$17.00 – HK$20.20
Offer Price Adjustment exercised No

Offer Shares and Share Capital
Number of Offer Shares (subject to the Over-allotment
Option)
39,190,000
Number of Offer Shares in Hong Kong Public Offering
(subject to the Over-allotment Option)
3,919,000
Number of offer shares in International Placing (subject to
the Over-allotment Option)
35,271,000
Number of issued shares upon Listing (before any exercise
of the Over-allotment Option)
399,190,000
Over-allocation
No. of Offer Shares over-allocated 776,800

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
Gross proceeds (Note) HK$666.23 million
Less: Estimated listing expenses payable based on Final
Offer Price
HK$60.61 million
Net proceeds HK$605.62 million

Note: Gross proceeds refer to the amount which the Company is entitled to receive. For details of the use
of proceeds, 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.


--- page 4 ---
4


ALLOTMENT RESULTS DETAILS

HONG KONG PUBLIC OFFERING


No. of valid applications 11,407
No. of successful applications 7,899
Subscription level 14.04 times
Claw-back triggered No
No. of Offer Shares initially available under the Hong Kong Public
Offering
3,919,000
Final no. of Offer Shares under the Hong Kong Public Offering  3,919,000
% of Offer Shares under the Hong Kong Public Offering to the Global
Offering (after reallocation)
10%

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

INTERNATIONAL PLACING


No. of placees 115
Subscription Level 1.09 times
No. of Offer Shares initially available under the International Placing 35,271,000
Final no. of Offer Shares under the International Placing  35,271,000
% of Offer Shares under the International Placing to the Global
Offering
90%

The Directors confirm that, to the best of their knowledge, information and belief, save for a waiver from strict
compliance with Rule 10.04 of the Listing Rules and a consent under paragraph 5(2) of Appendix F1 to the
Listing Rules (the “Placing Guidelines”) granted by the Stock Exchange to permit the Company to allocate
certain Offer Shares in the International Placing to a close associate of the existing shareholder as cornerstone
investor, (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, Supervisors, chief executive of the Company, substantial
Shareholders, existing Shareholders 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, Supervisors, chief executive of the Company, substantial Shareholders,
existing Shareholders or any of its subsidiaries or their respective close associates in relation to the acquisition,
disposal, voting or other disposition of H Shares registered in his/her/its name or otherwise held by him/her/it.


--- page 5 ---
5


The placees in the International Placing include the following:

Cornerstone Investors

Investor
No. of
Offer Shares
allocated
% of Offer
Shares
% of total
issued H
Shares after
the Global
Offering
(assuming no
exercise of the
Over-allotment
Option)
% of total
issued share
capital after the
Global Offering
(assuming no
exercise of the
Over-allotment
Option)
Existing
shareholders or
their close
associates
KCH
International
Investment
Limited
31,092,800 79.34% 10.04% 7.79% Yes (Note)
Horizon
Together
Holding Ltd.
685,800 1.75% 0.22% 0.17% No
Total 31,778,600 81.09% 10.26% 7.96%

Note: KCH International Investment Limited is a close associate of Kangchengheng, a Pre -IPO Investor
through the Pre-IPO Investments by Jiaxin Yuande and Kangchengheng Ruixiang. For further details of the
Cornerstone Investors, please refer to the section headed “Cornerstone Investors” of the Prospectus.


--- page 6 ---
6


Allottee with waivers/consents obtained

Investor
No. of
Offer Shares allocated
% of Offer
Shares
% of total
issued H
Shares after
the Global
Offering
(assuming
no exercise
of the Over-
allotment
Option)
% of total
issued share
capital after
the Global
Offering
(assuming
no exercise
of the Over-
allotment
Option) Relationship
Allottee with waiver from strict compliance with Rule 10.04 of the Listing Rules and consent under
paragraph 5(2) of the Placing Guidelines in relation to subscription for H Shares by a close associate of
the existing shareholder as cornerstone investor (Note 1)
KCH
International
Investment
Limited
31,092,800 79.34% 10.04% 7.79% KCH International
Investment Limited
is a close associate
of Kangchengheng,
a Pre-IPO Investor
through the Pre-IPO
Investments by
Jiaxin Yuande and
Kangchengheng
Ruixiang (Note 2)

Notes:

1. The Company has applied for, and the Exchange has granted, a waiver from strict compliance with
Rule 10.04 of the Listing Rules and a consent under Paragraph 5(2) of the Placing Guidelines. Please
refer to the “Waivers From Strict Compliance With The Hong Kong Listing Rules” section in the
Prospectus and the section headed “Others/ Additional Information – Placing to a close associate of
the existing shareholder as cornerstone investor with a waiver from the strict compliance with Rule
10.04 of the Listing Rules and a prior consent under paragraph 5(2) of the Placing Guidelines” in this
announcement for further details.

2. See “History, Development and Corporate Structure — Pre-IPO Investments — Information about
our Major Pre-IPO Investors — 9. Kangchengheng” in the Prospectus for details of Kangchengheng.


--- page 7 ---
7


LOCK-UP UNDERTAKINGS

Single Largest Group of Shareholders

Name
Number of
shares held in the
Company subject
to lock-up
undertakings
upon listing
% of total issued H
Shares after the
Global Offering
subject to lock-up
undertakings upon
listing (assuming no
exercise of the Over-
allotment Option)
% of shareholding
in the Company
subject to lock-up
undertakings upon
listing (assuming
no exercise of the
Over-allotment
Option)
Last day
subject to
the lock-up
undertakings
(Note 1)
Concert Party Group
Dr. Liu Guoqing(Note 2) 34,283,503
Shares
(including
17,141,752 H
Shares)
5.54% 8.59% December 26,
2025
Mr. Yang Guang(Note 2) 14,928,508
Shares
(including
7,464,254 H
shares)
2.41% 3.74% December 26,
2025
Mr. Zhou Xiang(Note 2) 14,928,508
Shares
(including
7,464,254 H
shares)
2.41% 3.74% December 26,
2025
Mr. Wang Qicheng(Note 2) 13,348,191
Shares
(including
6,674,096 H
Shares)
2.16% 3.34% December 26,
2025
Mr. Yan Shengye(Note 2) 5,993,470
Shares
(including
2,996,735 H
Shares)
0.97% 1.50% December 26,
2025
Mr. Wu Jianxin(Note 2) 4,195,615
Shares
(including
2,097,808 H
Shares)
0.68% 1.05% December 26,
2025
ESOP Holding Entities
Youjia Qingcheng(Note 2) 12,386,181
Shares
(including
6,193,091 H
Shares)
2.00% 3.10% December 26,
2025
Youjia Zhongcheng(Note 2) 5,815,267
Shares
(including
2,907,634 H
Shares)
0.94% 1.46% December 26,
2025
Youjia Licheng(Note 2) 2,907,634
Shares
(including
0.47% 0.73% December 26,
2025


--- page 8 ---
8


1,453,817 H
Shares)
Subtotal 108,786,877
Shares
(including
54,393,441 H
Shares)
17.58% 27.25%
Notes:

1. According to the PRC Company Law, all the Shares held by existing Shareholders (including the
Single Largest Group of Shareholders) prior to the Global Offering are subject to a lock-up period
of one year from the Listing Date.

2. Dr. Liu Guoqing, Mr. Yang Guang, Mr. Zhou Xiang, Mr. Wang Qicheng, Mr. Yan Shengye and
Mr. Wu Jianxin entered into the Concert Party Agreement in June 2019, as amended and replaced
by the Amended Concert Party Agreement entered into in May 2024. The Amended Concert Party
Agreement served to reaffirm their concert party arrangement, to confirm and formalize the
effective date and termination date of the concert party arrangem ent, and to clarify that only the
Shares beneficially owned by the members of the Concert Party Group are subject to the concert
party arrangement, and it does not affect the ownership continuity of our Company as required
under Rule 8.05(3)(c) of the List ing Rules. Pursuant to the Amended Concert Party Agreement,
each of Dr. Liu Guoqing, Mr. Yang Guang, Mr. Zhou Xiang, Mr. Wang Qicheng, Mr. Yan Shengye
and Mr. Wu Jianxin agreed to be parties acting in concert (i) aligning their votes in the board
meetings of our Company, and (ii) aligning their votes in the Shareholders’ meeting of our
Company in respect of the Shares in our Company beneficially owned by each of them from time
to time, since they became and remained as Directors or Shareholders of our Company, and that
members of the Concert Party Group will follow Dr. Liu Guoqing’s vote to arrive at a unanimous
consent in case of any disagreement.

Dr. Liu Guoqing acts as the general partner of each of the ESOP Holding Entities, and is therefore
deemed to be interested in the Shares held by the ESOP Holding Entities in our Company. The
ESOP Holding Entities are not parties to the Concert Party Agreement or the Amended Concert
Party Agreement, and do not form part of the Concert Party Group.

Accordingly, the Concert Party Group and the ESOP Holding Entities collectively form the Single
Largest Group of Shareholders.


--- page 9 ---
9


Cornerstone Investors

Name
Number of
shares held in the
Company subject
to lock-up
undertakings
upon listing
% of total issued H
Shares after the
Global Offering
subject to lock-up
undertakings upon
listing (assuming no
exercise of the Over-
allotment Option)
% of
shareholding
in the Company
subject to lock-up
undertakings
upon
listing (assuming
no exercise of the
Over-allotment
Option)
Last day
subject to
the lock-up
undertakings
(Note 1)
KCH International
Investment Limited (Note
2)
31,092,800  10.04% 7.79% June 27,
2025
Horizon Together
Holding Ltd. 685,800 0.22% 0.17% June 27,
2025
Subtotal 31,778,600  10.26% 7.96%
Notes:

1. In accordance with the Cornerstone Investment Agreement, the required lock-up ends on June 27,
2025. The Cornerstone Investors will cease to be prohibited from disposing of or transferring H
Shares subscribed for pursuant to their respective Cornerstone Investment Agreement after the
indicated date.

2. KCH International Investment Limited is a close associate of the existing Shareholder of the
Company. Please refer to the “Waivers From Strict Compliance With The Hong Kong Listing
Rules” section in the Company’s Prospectus and the section headed “Others/ Additional
Information – Placing to a close associate of the existing shareholder as cornerstone investor with
a waiver from the strict compliance with Rule 10.04 of the Listing Rules and a prior consent under
paragraph 5(2) of the Placing Guidelines” in this announcement for further details. Shares
subscribed by KCH International Investment Limited as a cornerstone investor are subject to lock-
up undertakings as indicated above.


--- page 10 ---
10


Pre-IPO Investors (as defined in the section headed “History, Development and Corporate Structure —
Pre-IPO Investments” in the Prospectus)

Name
Number of
shares held in the
Company subject
to lock-up
undertakings
upon listing
% of total issued H
Shares after the
Global Offering
subject to lock-up
undertakings upon
listing (assuming no
exercise of the
Over-allotment
Option)
% of shareholding
in the Company
subject to lock-up
undertakings upon
listing (assuming
no exercise of the
Over-allotment
Option)
Last day
subject to
the lock-up
undertakings
(Note 1)
Pre-IPO Investors (Note 2) 247,134,537 Shares
(including
216,029,667 H
Shares)
69.77% 61.91% December 26,
2025
Subtotal 247,134,537 Shares
(including
216,029,667 H
Shares)
69.77% 61.91% December 26,
2025
Notes:

(1) According to the PRC Company Law, all the Shares held by existing Shareholders (including the
Pre-IPO Investors) prior to the Global Offering are subject to a lock-up period of one year from the
Listing Date.

(2) Please refer to the section headed “History, Development and Corporate Structure — Pre-IPO
Investments” in the Prospectus for details.


--- page 11 ---
11

PLACEE CONCENTRATION ANALYSIS
Placees
(Note 1)
Number of H Shares
allotted
Allotment as % of
International Placing
(assuming no exercise of the
Over-allotment Option)
Allotment as % of
International Placing
(assuming the Over-allotment
Option is fully exercised and
new H Shares are issued)
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 and new H Shares
are issued)
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
and new H Shares
are issued)
Top 1 31,092,800 88.15% 86.25% 79.34% 77.80% 45,520,095 (Note 2) 11.40% 11.38%
Top 5 35,651,200 101.08% 98.90% 90.97% 89.20% 50,078,495 (Note 2) 12.55% 12.52%
Top 10 36,026,800 102.14% 99.94% 91.93% 90.14% 50,454,095 (Note 2) 12.64% 12.61%
Top 25 36,029,800 102.15% 99.95% 91.94% 90.15% 50,457,095 (Note 2) 12.64% 12.62%

Notes:
1. Ranking of placees is based on the number of H Shares allotted to the placees
2. One of the Cornerstone Investors, KCH International Investment Limited, is the close associate of Kangchengheng (a Pre-IPO Investor through the Pre-IPO Investments by
Jiaxin Yuande and Kangchengheng Ruixiang). When compiling this placee concentration analysis, KCH International Investment Limited ( a Pre-IPO Investor through the
Pre-IPO Investments by Jiaxin Yuande and Kangchengheng Ruixiang) and Kangchengheng ( a Pre-IPO Investor through the Pre -IPO Investments by Jiaxin Yuande and
Kangchengheng Ruixiang) are treated as one shareholder. Ther efore, the number of Shares referred here also includes the number of Shares held by Kangchengheng ( a
Pre-IPO Investor through the Pre-IPO Investments by Jiaxin Yuande and Kangchengheng Ruixiang) upon the completion of the Global Offering.


--- page 12 ---
12
H SHAREHOLDERS CONCENTRATION ANALYSIS

H
Shareholders
(Note  1) Number of H
Shares allotted
Allotment as % of
International
Placing (assuming
no exercise of the
Over-allotment
Option)
Allotment as % of
International Placing
(assuming the Over-
allotment Option is fully
exercised and new H
Shares are issued)
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
and new H Shares are
issued)
Number of H
Shares held
upon Listing
% of total issued H
Shares capital upon
Listing (assuming
no exercise of the
Over-allotment
Option)
% of total issued H
Shares capital
upon Listing
(assuming the
Over-allotment
Option is fully
exercised and new
H Shares are
issued)
Top 1 0 0.00% 0.00% 0.00% 0.00% 54,393,441 17.57% 17.52%
Top 5 31,092,800 88.15% 86.25% 79.34% 77.80% 173,963,507 56.19% 56.05%
Top 10 31,092,800 88.15% 86.25% 79.34% 77.80% 234,044,878 75.59% 75.40%
Top 25 34,033,800 96.49% 94.41% 86.84% 85.16% 296,543,190 95.78% 95.54%

Note:

1. Ranking of H Shareholders is based on the number of H Shares held by the H  Shareholders upon Listing.


--- page 13 ---
13

SHAREHOLDER CONCENTRATION ANALYSIS

Shareholders (Note 1)
Number of H Share
s allotted
Allotment as % of
International
Placing (assuming
no exercise of the
Over-allotment
Option
Allotment as % of
International
Placing (assuming
the Over-allotment
Option is fully
exercised and new H
Shares are issued)
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 and
new H Shares are
issued)
Number of H
Shares held
upon Listing
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 and new H
Shares are issued)
Top 1 0 0.00% 0.00% 0.00% 0.00% 54,393,441 108,786,877 27.25% 27.20%
Top 5 31,092,800 88.15% 86.25% 79.34% 77.80% 153,946,575 228,888,654 57.34% 57.23%
Top 10 31,092,800 88.15% 86.25% 79.34% 77.80% 221,608,745 301,920,799 75.63% 75.49%
Top 25 34,033,800 96.49% 94.41% 86.84% 85.16% 290,543,164 379,110,422 94.97% 94.79%

Note:

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


--- page 14 ---
14
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:

    Approximate
percentage
allotted of the
total number
of H Shares
applied for
   Pool A

 Number
 of H Shares
 applied for
 Number
 of valid
applications
 Basis of allocation/ballot


200 5,303  2,652 out of 5,303 applicants to receive 200 H Shares 50.01%
400 1,356  814 out of 1,356 applicants to receive 200 H Shares 30.01%
600 511  368 out of 511 applicants to receive 200 H Shares 24.01%
800 297  238 out of 297 applicants to receive 200 H Shares 20.03%
1,000 570  476 out of 570 applicants to receive 200 H Shares 16.70%
1,200 136  122 out of 136 applicants to receive 200 H Shares 14.95%
1,400 84  80 out of 84 applicants to receive 200 H Shares 13.61%
1,600 114  113 out of 114 applicants to receive 200 H Shares 12.39%
1,800 71  200 H Shares 11.11%
2,000 835  200 H Shares plus 48 out of 835 applicants to receive an additional 200 H
Shares
10.57%
3,000 226  200 H Shares plus 47 out of 226 applicants to receive an additional 200 H
Shares
8.05%
4,000 314  200 H Shares plus 102 out of 314 applicants to receive an additional 200
H Shares
6.62%
5,000 208  200 H Shares plus 88 out of 208 applicants to receive an additional 200 H
Shares
5.69%
6,000 116  200 H Shares plus 60 out of 116 applicants to receive an additional 200 H
Shares
5.06%
7,000 52  200 H Shares plus 31 out of 52 applicants to receive an additional 200 H
Shares
4.56%
8,000 57  200 H Shares plus 38 out of 57 applicants to receive an additional 200 H
Shares
4.17%
9,000 59  200 H Shares plus 43 out of 59 applicants to receive an additional 200 H
Shares
3.84%
10,000 506  200 H Shares plus 396 out of 506 applicants to receive an additional 200
H Shares
3.57%
20,000 243  400 H Shares 2.00%
30,000 82  400 H Shares plus 45 out of 82 applicants to receive an additional 200 H
Shares
1.70%
40,000 51  400 H Shares plus 41 out of 51 applicants to receive an additional 200 H
Shares
1.40%
50,000 41  600 H Shares 1.20%
60,000 22  600 H Shares plus 10 out of 22 applicants to receive an additional 200 H
Shares
1.15%
70,000 11  800 H Shares 1.14%
80,000 13  800 H Shares plus 3 out of 13 applicants to receive an additional 200 H
Shares
1.06%
90,000 8  800 H Shares plus 4 out of 8 applicants to receive an additional 200 H
Shares
1.00%
100,000 59  800 H Shares plus 45 out of 59 applicants to receive an additio nal 200 H
Shares
0.95%
200,000 37  1,000 H Shares 0.50%

 Total   11,382   Total number of Pool A successful applicants: 7,874


--- page 15 ---
15
   Pool B Approximate
percentage
allotted of the
total number
of H Shares
applied for


 Number
 of H Shares
 applied for
 Number
 of valid
 pplications
 Basis of allocation/ballot


 300,000  9   51,800 H Shares 17.27%
 400,000  3   69,000 H Shares 17.25%
 500,000  11   86,000 H Shares 17.20%
600,000  1   102,200 H Shares 17.03%
1,400,000  1   238,000 H Shares 17.00%

 Total   25   Total number of Pool B successful applicants: 25

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 H 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, SFC transaction levy,  AFRC transaction levy and
Stock Exchange trading fee payable.

OTHERS / ADDITIONAL INFORMATION

Placing to a close associate of the existing shareholder as cornerstone investor with a waiver from the
strict compliance with Rule 10.04 of the Listing Rules and a prior consent under paragraph 5(2) of the
Placing Guidelines

Our Company has applied to the Stock Exchange, and the Stock Exchange has granted, a waiver from the strict
compliance with Rule 10.04 of the Listing Rules and a consent under paragraph 5(2) of the Placing Guidelines
to permit our Company to allow KCH International Investment Limited to participate in the Global Offering
as a cornerstone investor. The allocation of Offer Shares to such close associate of Kangchengheng, a Pre-IPO
Investor through the Pre-IPO Investments by Jiaxin Yuande and Kangchengheng Ruixiang, is in compliance
with all the conditions under the waiver/consent granted by the Stock Exchange, including but not limited to
(i) Kangchengheng holds less than 5% of the voting rights in the Company immediately before the completion
of the Global Offering; and (ii) Kangchengheng is not a core connected person of the Company nor a close
associate of a core connected person before the Listing.

For details of the allocations of O ffer Shares to a close associate of the existing shareholder as cornerstone
investor, please refer to the section headed “Allotment Results Details – International Placing – Allotees with
Waivers/Consents Obtained” in this announcement.


--- page 16 ---
16
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 securities may
not be offered or sold i
n 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.
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 December 17, 2024 issued by Minieye Technology Co., Ltd for detailed information
about the Global Offering described below before deciding whether or not to invest in the H Shares thereby
being offered.
*Potential investors of the Offer Shares should note that the Joint Sponsors and CLSA Limited and China
International Capital Corporation Hong Kong Securities Limited (for themselves and as representatives 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 – 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 December 27, 2024).


--- page 17 ---
17
PUBLIC FLOAT

Immediately after completion of the Global Offering, 209,699,572 H Shares, representing approximately 52.53%
of the issued Shares (assumin g the Over-allotment Option is not exercised) will be held in the public hands.
Therefore, the number of H Shares in the public hands represents no less than 25% of the total issued share
capital of the Company, 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 (after taking into
account the full exercise of the Offer Size Adjustment Option and before the exercise of the Over-allotment
Option), (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 H Share certificates will only become valid evidence of title at 8:00 a.m. on Friday, December 27, 2024,
provided that the Global Offering has become unconditional and the right of termination described in the
paragraph headed “Underwriting – Underwriting Arrangements and Expenses – Hong Kong Public Offering
– Grounds for Termination” in the Prospectus has not been exercised. Investors who trade the H Shares on the
basis of publicly available allocation details prior to the receipt of H Share certificates or prior to the H Share
certificates becoming valid evidence of title do so entirely at their own risk.

Assuming that the Global Offering becomes unconditional in all respects at or before 8:00 a.m. on Friday,
December 27, 2024, it is expected that dealings in the H Shares on the Stock Exchange will commence at 9:00
a.m. on Friday, December 27, 2024. The H Shares will be traded in board lots of 200 H Shares each. The stock
code of the H Shares is 2431.

By order of the Board
              Minieye Technology Co., Ltd
Liu Guoqing
Chairman of the Board, Executive Director and
General Manager

Hong Kong, December 24, 2024

As of the date of this announcement, the board of directors of the Company comprises: (i) Dr. Liu Guoqing,
Mr. Yang Guang, Mr. Zhou Xiang and Mr. Wang Qicheng, as executive directors; (ii) Mr. Bi Lei and Ms. Liu
Yiran, as non- executive d irectors; and (iii) Dr. Xiang Yang, Mr. Tan Kaiguo and Dr. Tan Mingkui as
independent non-executive directors.
