6d05056609
Request: - Use archivist to close the 137 T1 ipo_demand source-only gaps using extracted PDF text. Changes: - Add an incremental T1 demand text backfill script. - Parse existing allotment-result extracted text into ipo_demand. - Archive linked Summary PDFs from old HKEX HTML allotment-result pages. - Correct allotment-result selection to prefer primary result announcements over clarification or supplemental notices. - Add robust line-aware allotment parsing and document the workflow in archivist and README. - Record the backfill result in a report. Execution: - Selected 137 source-only T1 demand gaps. - Wrote 137 ipo_demand rows, increasing ipo_demand from 154 to 291 rows. - Archived 38 new HKEX allotment-result PDFs and extracted their text. - Confirmed an incremental rerun selects 0 gaps and writes 0 rows. Verification: - Ran git diff --cached --check. - Ran py_compile for archive_hkex_documents.py and backfill_t1_demand_from_text.py. - Checked SQLite integrity and foreign keys. - Confirmed DB row counts match CSV snapshots. - Verified no T1 complete row is missing ipo_demand. - Verified source_refs paths/files/hashes and PDF extracted-text manifest hashes. Next useful context: - T1 demand structure is complete for listed rows; 06106 and 06675 remain pending_not_due. - T2 grey-market and due price-performance gaps remain separate archivist priorities. - Analyst output should be regenerated before using the new T1 demand facts for scoring.
762 lines
29 KiB
Plaintext
762 lines
29 KiB
Plaintext
--- page 1 ---
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1
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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock Exchange ”)
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and Hong Kong Securities Clearing Company Limited ( “HKSCC ”) take no responsibility for the contents of this
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announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability
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whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this
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announcement.
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This announcement is not for release, publication, distribution, directly or indirectly, in or into the United States
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(including its territories and possessions, any state of the United States and the District of Columbia). This
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announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities
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in the United States or in any other jurisdictions. The securities mentioned herein have not been, and will not be,
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registered under the United States Securities Act of 1933 as amended from time to time (the “U.S. Securities Act ”) or
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securities law of any state or other jurisdiction of the United States. The securities may not be offered, sold, pledged
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or otherwise transferred within the United States except pursuant to an exemption from the registration requirements
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of the U.S. Securities Act and in compliance with any applicable state securities laws. The securities are being offered
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and sold outside the United States in offshore transactions in accordance with Regulation S under the U.S. Securities
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Act. There will be no public offer of securities in the United States.
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This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase
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or subscribe for securities. This announcement is not a prospectus. Potential investors should read the prospectus dated
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February 27, 2026 (the “Prospectus ”) issued by ALSCO Pooling Service Co., Ltd. (ࠢ
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ʮ̡) (the “Company ”) for detailed information about the Global Offering described below before deciding whether
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or not to invest in the H Shares thereby being offered. Any investment decision in relation to the Offer Shares should
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be taken solely in reliance on the information in the Prospectus. The Company has not been and will not be registered
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under the U.S. Investment Company Act of 1940, as amended.
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Unless otherwise defined in this announcement, capitalized terms used herein shall have the same meanings as those
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defined in the Prospectus.
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Potential investors of the Offer Shares should note that the Sponsor-Overall Coordinators (for themselves and
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on behalf of the Hong Kong Underwriters) shall be entitled to terminate their obligations under the Hong Kong
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Underwriting Agreement with immediate effect upon the occurrence of any of the events set out in the section headed
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“Underwriting – Underwriting Arrangements and Expenses – Hong Kong Public Offering – Grounds for Termination ”
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in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently expected to
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be on Monday, March 9, 2026).
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--- page 2 ---
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2
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ʮ̡
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ALSCO Pooling Service Co., Ltd.
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(A joint stock company incorporated in the People ’s Republic of China with limited liability)
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GLOBAL OFFERING
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Number of Offer Shares under
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the Global Offering
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: 20,336,000 H Shares
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Number of Hong Kong Offer Shares : 2,034,000 H Shares
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Number of International Offer Shares : 18,302,000 H Shares
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Final Offer Price : HK$11.0 per H Share, plus brokerage of
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1.0%, SFC transaction levy of 0.0027%,
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Hong Kong Stock Exchange trading fee of
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0.00565% and AFRC transaction levy of
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0.00015%
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Nominal value : RMB1.00 per H Share
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Stock code : 2649
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Sole Sponsor, Overall Coordinator, Joint Global Coordinator, Joint Bookrunner
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and Joint Lead Manager
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Overall Coordinator, Joint Global Coordinator, Joint Bookrunner, Joint Lead Manager
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and Financial Adviser
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Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager
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Joint Bookrunners and Joint Lead Managers
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(in alphabetical order)
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--- page 3 ---
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3
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ALSCO Pooling Service Co., Ltd.
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ʮ̡
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ANNOUNCEMENT OF FINAL OFFER PRICE AND ALLOTMENT RESULTS
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Unless otherwise defined herein, capitalised terms used in this announcement shall have the same
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meanings as those defined in the prospectus dated February 27, 2026 (the “Prospectus ”) issued by
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ALSCO Pooling Service Co., Ltd. (the “Company ”).
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Warning: In view of high concentration of shareholding in a small number of H
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Shareholders, H Shareholders and prospective investors should be aware that the price of
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the H Shares could move substantially even with a small number of H Shares traded and
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should exercise extreme caution when dealing in the H Shares.
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SUMMARY
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Company information
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Stock code 2649
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Stock short name ALSCO POOLING
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Dealings commencement date March 9, 2026 *
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* see note at the end of the announcement
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Price Information
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Final Offer Price HK$11.00
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Offer Price Range HK$11.00 – HK$14.00
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Offer Price Adjustment exercised No
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Offer Shares and Share Capital
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Number of Offer Shares 20,336,000
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Number of Offer Shares in Hong Kong Public Offering 2,034,000
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Number of Offer Shares in International Offering 18,302,000
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Number of issued Shares upon Listing 90,336,000
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--- page 4 ---
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4
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Proceeds
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Gross proceeds (Note) HK$223.70 million
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Less: Estimated listing expenses payable based on final
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Offer Price HK$(48.18) million
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Net proceeds HK$175.52 million
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Note: Gross proceeds refer to the amount which the Company is entitled to receive. For details of the use of
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proceeds, please refer to the section headed “Future Plans and Use of Proceeds ” of the Prospectus.
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ALLOTMENT RESULTS DETAILS
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HONG KONG PUBLIC OFFERING
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No. of valid applications 162,571
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No. of successful applications 4,068
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Subscription level 5,297.23 times
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Claw-back triggered No
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No. of Offer Shares initially available under the Hong Kong Public
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Offering 2,034,000
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Final no. of Offer Shares under the Hong Kong Public Offering 2,034,000
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% of Offer Shares under the Hong Kong Public Offering to the Global
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Offering 10%
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Note: For details of the final allocation of H Shares to the Hong Kong Public Offering, investors can refer to
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www.eipo.com.hk/eIPOAllotment to perform a search by name or identification number or www.eipo.com.hk/eIPOAllotment
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for the full list of allottees.
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INTERNATIONAL OFFERING
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No. of placees 162
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Subscription level 4.20 times
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No. of Offer Shares initially available under the International Offering 18,302,000
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Final no. of Offer Shares under the International Offering 18,302,000
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% of Offer Shares under the International Offering to the Global
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Offering 90%
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--- page 5 ---
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5
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The Directors confirm that, to the best of their knowledge, information and belief, (i) none of the
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Offer Shares subscribed by the placees and the public have been financed directly or indirectly
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by the Company, any of the Directors, Supervisors, chief executive of the Company, Controlling
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Shareholders, substantial Shareholders, existing Shareholders of the Company or any of its
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subsidiaries or their respective close associates; and (ii) none of the placees and the public who
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have purchased the Offer Shares are accustomed to taking instructions from the Company, any of
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the Directors, Supervisors, 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
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close associates in relation to the acquisition, disposal, voting or other disposition of H Shares
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registered in his/her/its name or otherwise held by him/her/it.
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Furthermore, the Directors confirm that, to the best of their knowledge, no rebate has been, directly
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or indirectly, provided by the Company, the Controlling Shareholders, Directors or syndicate
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members to any placees or the public (as the case may be) and the consideration payable by them
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for each Offer Share subscribed for or purchased by them is the same as the final Offer Price
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determined by the Company, in addition to any brokerage, AFRC transaction levy, SFC transaction
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levy and Stock Exchange trading fee payable. There is also no side agreement or arrangement
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between the Company or any of its subsidiaries, their directors, chief executive, its Controlling
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Shareholders, substantial shareholders, existing Shareholders, or any of their respective close
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associates, on one hand, and the public subscribers or the placees who have subscribed for the
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Offer Shares, on the other hand. The International Offering is in compliance with Appendix F1 to
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the Listing Rules (the “Placing Guidelines ”).
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The placees in the International Offer include the following:
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--- page 6 ---
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6
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Allotees with Waivers/Consents Obtained
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Investor
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No. of
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Offer Shares
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allocated
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% of Offer
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Shares
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% of total
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issued share
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capital after
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the Global
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Offering Relationship
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Allottees with consent under paragraph 5(1) of the Placing Guidelines in relation to subscription of
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shares by connected clients (Note 1)
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Bosera Asset Management
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(International) Co., Limited 175,000 0.86% 0.19% Connected client
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CHINA ASSET
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MANAGEMENT (HONG
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KONG) LIMITED 175,000 0.86% 0.19% Connected client
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Value Partners Limited and
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Value Partners Hong Kong
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Limited 213,000 1.05% 0.24% Connected client
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Note:
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1. For details of the consent under paragraph 1C(1) of the Placing Guidelines to permit the Company to allocate certain
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Offer Shares in the International Offering to connected clients, please refer to the section headed “Other Information ” in
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this announcement.
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--- page 7 ---
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7
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LOCK-UP UNDERTAKINGS
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Controlling Shareholders
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Name
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Number of
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Shares held
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in the Company
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subject to lock-up
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undertakings
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upon Listing
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H Shares as %
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of total issued
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H Shares after
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the Global
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Offering subject
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to lock-up
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undertakings
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upon Listing
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% of total
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issued share
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capital in the
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Company
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subject to
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lock-up
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undertakings
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upon Listing
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Last day
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subject to
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the lock-up
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undertakings Note
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Mr. Sun Yan ’an 36,093,750 H Shares 41.18% 39.96% March 9, 2027
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Suzhou Anhua Investment
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Co., Ltd. 3,318,924 H Shares 3.79% 3.67% March 9, 2027
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Total 39,412,674 H Shares 44.96% 43.63%
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Note: Under the applicable PRC laws, all existing Shareholders are subject to a lock-up period of twelve months
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following the Listing Date. The lock-up requirement under the applicable PRC laws is longer than the lock-up
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period required of Controlling Shareholders under Rule 10.07 of the Listing Rules.
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--- page 8 ---
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8
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Pre-IPO Investors (as defined in the “History and Corporate Structure ” section of the
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Prospectus)
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Name
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Number of
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Shares held
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in the Company
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subject to lock-up
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undertakings
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upon Listing
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H Shares as %
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of total issued
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H Shares after
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the Global
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Offering subject
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to lock-up
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undertakings
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upon Listing
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% of total
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issued share
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capital in the
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Company
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subject to
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lock-up
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undertakings
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upon Listing
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Last day
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subject to
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the lock-up
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undertakings Note
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Suzhou International
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Development Emerging
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Industry Venture
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Investment Enterprise
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(Limited Partnership) 3,645,833 H Shares 4.16% 4.04% March 9, 2027
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Suzhou Industrial Park
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Yuandian Zhengze No. 2
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Venture Capital Partnership
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(Limited Partnership) 2,604,163 H Shares 2.97% 2.88% March 9, 2027
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Suqian International
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Development Venture
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Capital Enterprise
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(Limited Partnership) 1,822,917 H Shares 2.08% 2.02% March 9, 2027
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Suzhou International
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Development Union Equity
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Investment Enterprise
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(Limited Partnership) 1,822,917 H Shares 2.08% 2.02% March 9, 2027
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Changzhou Shuguang
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Enterprise Management
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Consulting Partnership
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(Limited Partnership) 607,639 H Shares 0.69% 0.67% March 9, 2027
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Shanghai Qianjin Industrial
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Co., Ltd. 2,682,295 Shares – 2.97% March 9, 2027
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Hangzhou Jintou Zhihe
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Venture Capital Partnership
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(Limited Partnership) 1,312,500 H Shares 1.50% 1.45% March 9, 2027
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--- page 9 ---
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9
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Name
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Number of
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Shares held
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in the Company
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subject to lock-up
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undertakings
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upon Listing
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H Shares as %
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of total issued
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H Shares after
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the Global
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Offering subject
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to lock-up
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undertakings
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upon Listing
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% of total
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issued share
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capital in the
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Company
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subject to
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lock-up
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undertakings
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upon Listing
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Last day
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subject to
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the lock-up
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undertakings Note
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Fang Dianjun 492,188 H Shares 0.56% 0.54% March 9, 2027
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Yancheng Fusion Base
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Emerging Industry Fund
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(Limited Partnership) 1,750,000 H Shares 2.00% 1.94% March 9, 2027
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Suzhou Industrial Park
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Industry Investment Fund
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(Limited Partnership) 1,312,500 H Shares 1.50% 1.45% March 9, 2027
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Suzhou Shihu Minsheng
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Equity Investment
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Partnership
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(Limited Partnership) 875,000 H Shares 1.00% 0.97% March 9, 2027
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Suzhou Industrial Park Science
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and Technology Innovation
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Investment Partnership
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(Limited Partnership) 437,500 H Shares 0.50% 0.48% March 9, 2027
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Yu Yue 328,125 H Shares 0.37% 0.36% March 9, 2027
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Note: Under the applicable PRC laws, all existing Shareholders (including Pre-IPO Investors) are subject to a
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lockup period of twelve months following the Listing Date.
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--- page 10 ---
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10
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Other Existing Shareholders
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Name
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Number of
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Shares held
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in the Company
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subject to lock-up
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undertakings
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upon Listing
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H Shares as %
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of total issued
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H Shares after
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the Global
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Offering subject
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to lock-up
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undertakings
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upon Listing
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% of total
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issued share
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capital in the
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Company
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subject to
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lock-up
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undertakings
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upon Listing
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Last day
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subject to
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the lock-up
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undertakings Note 1
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Wang Yue 4,921,875 H Shares 5.62% 5.45% March 9, 2027
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Zhu Zhizhou 2,460,937 H Shares 2.81% 2.72% March 9, 2027
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Sun Wenhong 2,460,937 H Shares 2.81% 2.72% March 9, 2027
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Suzhou Sailing Enterprise
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Management Partnership
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(Limited Partnership) 1,050,000 H Shares 1.20% 1.16% March 9, 2027
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Note: Under the applicable PRC laws, all existing Shareholders are subject to a lockup period of twelve months
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following the Listing Date.
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PLACEE CONCENTRATION ANALYSIS
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Placees*
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Number of
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H Shares
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allotted
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Allotment
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as % of the
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International
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Offering
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Allotment as
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% of total
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Offer Shares
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Number of
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Shares held
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upon Listing
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% of total
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issued share
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capital upon
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Listing
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Top 1 3,600,000 19.67% 17.70% 3,600,000 3.99%
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Top 5 7,227,000 39.49% 35.54% 7,227,000 8.00%
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Top 10 10,588,500 57.85% 52.07% 10,588,500 11.72%
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Top 25 15,332,000 83.77% 77.39% 15,332,000 16.97%
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Notes:
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* Ranking of placees is based on the number of H Shares allotted to the placees.
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--- page 11 ---
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11
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H SHAREHOLDER CONCENTRATION ANALYSIS
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H Shareholder*
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Number of
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H Shares
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allotted
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Allotment
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as % of the
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International
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Offering
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Allotment
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as % of total
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Offer Shares
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Number of
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H Shares
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held upon
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Listing
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% of total
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issued
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H Shares
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capital upon
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Listing
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Number of
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Shares
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held upon
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Listing
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Top 1 0 0.00% 0.00% 39,412,674 44.96% 39,412,674
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Top 5 3,600,000 19.67% 17.70% 65,716,316 74.97% 65,716,316
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Top 10 6,327,000 34.57% 31.11% 72,216,753 82.39% 72,216,753
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Top 25 13,444,000 73.46% 66.11% 80,433,580 91.76% 80,433,580
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Notes:
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* Ranking of H Shareholders is based on the number of H Shares held by the H Shareholders upon Listing.
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SHAREHOLDER CONCENTRATION ANALYSIS
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H Shareholder*
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Number of
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H Shares
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allotted
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Allotment
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as % of the
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International
|
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Offering
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Allotment
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as % of total
|
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Offer Shares
|
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Number of
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H Shares
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held upon
|
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Listing
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Number of
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Shares held
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upon Listing
|
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% of total
|
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issued share
|
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capital upon
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Listing
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Top 1 0 0.00% 0.00% 39,412,674 39,412,674 43.63%
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Top 5 3,600,000 19.67% 17.70% 63,255,379 65,937,674 72.99%
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Top 10 5,418,000 29.60% 26.64% 71,307,753 73,990,048 81.91%
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Top 25 13,089,000 71.52% 64.36% 80,078,580 82,760,875 91.61%
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Notes:
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* Ranking of Shareholders is based on the number of Shares held by the Shareholders upon Listing.
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--- page 12 ---
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12
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BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
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Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made by
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the public will be conditionally allocated on the basis set out below:
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NO. OF
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H SHARES
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APPLIED FOR
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NO. OF VALID
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APPLICATIONS BASIS OF ALLOTMENT/BALLOT
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APPROXIMATE
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PERCENTAGE
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ALLOTTED OF
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THE TOTAL NO.
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OF H SHARES
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APPLIED FOR
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POOL A
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500 91,248 34 out of 91,248 to receive 500 Shares 0.04%
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1,000 8,071 6 out of 8,071 to receive 500 Shares 0.04%
|
||
1,500 4,772 6 out of 4,772 to receive 500 Shares 0.04%
|
||
2,000 3,056 5 out of 3,056 to receive 500 Shares 0.04%
|
||
2,500 2,617 5 out of 2,617 to receive 500 Shares 0.04%
|
||
3,000 1,845 4 out of 1,845 to receive 500 Shares 0.04%
|
||
3,500 3,518 9 out of 3,518 to receive 500 Shares 0.04%
|
||
4,000 1,754 5 out of 1,754 to receive 500 Shares 0.04%
|
||
4,500 916 3 out of 916 to receive 500 Shares 0.04%
|
||
5,000 4,197 16 out of 4,197 to receive 500 Shares 0.04%
|
||
6,000 1,076 5 out of 1,076 to receive 500 Shares 0.04%
|
||
7,000 1,730 9 out of 1,730 to receive 500 Shares 0.04%
|
||
8,000 986 6 out of 986 to receive 500 Shares 0.04%
|
||
9,000 636 5 out of 636 to receive 500 Shares 0.04%
|
||
10,000 2,708 22 out of 2,708 to receive 500 Shares 0.04%
|
||
15,000 1,865 21 out of 1,865 to receive 500 Shares 0.04%
|
||
20,000 1,424 22 out of 1,424 to receive 500 Shares 0.04%
|
||
25,000 1,343 25 out of 1,343 to receive 500 Shares 0.04%
|
||
30,000 1,038 24 out of 1,038 to receive 500 Shares 0.04%
|
||
35,000 931 25 out of 931 to receive 500 Shares 0.04%
|
||
40,000 938 28 out of 938 to receive 500 Shares 0.04%
|
||
45,000 669 23 out of 669 to receive 500 Shares 0.04%
|
||
50,000 1,428 54 out of 1,428 to receive 500 Shares 0.04%
|
||
60,000 795 36 out of 795 to receive 500 Shares 0.04%
|
||
70,000 800 42 out of 800 to receive 500 Shares 0.04%
|
||
80,000 707 43 out of 707 to receive 500 Shares 0.04%
|
||
90,000 558 38 out of 558 to receive 500 Shares 0.04%
|
||
100,000 2,156 163 out of 2,156 to receive 500 Shares 0.04%
|
||
150,000 1,723 195 out of 1,723 to receive 500 Shares 0.04%
|
||
200,000 1,312 198 out of 1,312 to receive 500 Shares 0.04%
|
||
250,000 1,069 201 out of 1,069 to receive 500 Shares 0.04%
|
||
300,000 881 200 out of 881 to receive 500 Shares 0.04%
|
||
350,000 2,107 556 out of 2,107 to receive 500 Shares 0.04%
|
||
Total 150,874 Total number of Pool A successful applicants: 2,034
|
||
|
||
|
||
--- page 13 ---
|
||
13
|
||
NO. OF
|
||
H SHARES
|
||
APPLIED FOR
|
||
NO. OF VALID
|
||
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
|
||
APPROXIMATE
|
||
PERCENTAGE
|
||
ALLOTTED OF
|
||
THE TOTAL NO.
|
||
OF H SHARES
|
||
APPLIED FOR
|
||
POOL B
|
||
400,000 3,412 343 out of 3,412 to receive 500 Shares 0.01%
|
||
450,000 791 90 out of 791 to receive 500 Shares 0.01%
|
||
500,000 1,164 146 out of 1,164 to receive 500 Shares 0.01%
|
||
600,000 733 111 out of 733 to receive 500 Shares 0.01%
|
||
700,000 625 110 out of 625 to receive 500 Shares 0.01%
|
||
800,000 485 98 out of 485 to receive 500 Shares 0.01%
|
||
900,000 412 93 out of 412 to receive 500 Shares 0.01%
|
||
1,017,000 4,075 1,043 out of 4,075 to receive 500 Shares 0.01%
|
||
Total 11,697 Total number of Pool B successful applicants: 2,034
|
||
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.
|
||
OTHER INFORMATION
|
||
Placing to connected clients with a prior consent under paragraph 1C(1) of the Placing
|
||
Guidelines
|
||
The Company has applied to the Stock Exchange, and the Stock Exchange has granted, a consent
|
||
under paragraph 1C(1) of the Placing Guidelines to permit the Company to allocate certain Offer
|
||
Shares in the International Offering to connected clients. The allocation of Offer Shares to such
|
||
connected clients is in compliance with all the conditions under the consent granted by the Stock
|
||
Exchange.
|
||
|
||
|
||
--- page 14 ---
|
||
14
|
||
Details of the placement to connected clients are set out below:
|
||
No. Connected client Connected distributor
|
||
Relationship with the
|
||
connected distributor
|
||
Basis of
|
||
holding
|
||
securities
|
||
Number
|
||
of Offer
|
||
Shares
|
||
Ultimate
|
||
beneficial
|
||
owner of the
|
||
Offer Shares
|
||
allocated to the
|
||
connected client
|
||
Percentage
|
||
of the
|
||
Offer Shares
|
||
Percentage of
|
||
total issued
|
||
Shares of
|
||
the Company
|
||
immediately upon
|
||
completion of the
|
||
Global Offering
|
||
1. Bosera Asset Management
|
||
(International) Co., Ltd
|
||
(“Bosera AM ”)
|
||
CMB International Capital
|
||
Limited ( “CMBI”), CMB
|
||
International Securities
|
||
Limited ( “CMBI Securities ”),
|
||
and CMB International
|
||
Global Markets Limited
|
||
(“CMBI Global Markets ”,
|
||
together with CMBI and
|
||
CMBI Securities, the “CMBI
|
||
Connected Distributors ”)
|
||
Bosera AM is a member of the same
|
||
group with CMBI, CMBI Securities
|
||
and CMBI Global Markets.
|
||
Discretionary 175,000 Please refer to
|
||
note 1 below.
|
||
0.86% 0.19%
|
||
2. Value Partners Limited
|
||
and Value Partners
|
||
Hong Kong Limited
|
||
(collectively, “Value
|
||
Partners ”)
|
||
GF Securities (Hong Kong)
|
||
Brokerage Limited ( “GF
|
||
Securities (Hong Kong)
|
||
Brokerage ”)
|
||
GF Securities (Hong Kong) Brokerage is
|
||
an indirect wholly-owned subsidiary
|
||
of GF Securities Co., Ltd. (Stock
|
||
Code: 1776) ( “GF Securities ”). Value
|
||
Partners is a wholly-owned subsidiary
|
||
of Value Partners Group Limited
|
||
(Stock Code: 806) ( “VPGL”).
|
||
GF Securities is interested in 20.04%
|
||
shareholding in VPGL which renders
|
||
VPGL and its subsidiaries “associates ”
|
||
of GF Securities, hence Value Partners
|
||
and GF Securities (Hong Kong)
|
||
Brokerage is a “member of the same
|
||
group of companies ”.
|
||
Discretionary 213,000 Please refer to
|
||
note 2 below.
|
||
3.93% 0.89%
|
||
|
||
|
||
--- page 15 ---
|
||
15
|
||
No. Connected client Connected distributor
|
||
Relationship with the
|
||
connected distributor
|
||
Basis of
|
||
holding
|
||
securities
|
||
Number
|
||
of Offer
|
||
Shares
|
||
Ultimate
|
||
beneficial
|
||
owner of the
|
||
Offer Shares
|
||
allocated to the
|
||
connected client
|
||
Percentage
|
||
of the
|
||
Offer Shares
|
||
Percentage of
|
||
total issued
|
||
Shares of
|
||
the Company
|
||
immediately upon
|
||
completion of the
|
||
Global Offering
|
||
3. CHINA ASSET
|
||
MANAGEMENT
|
||
(HONG KONG)
|
||
LIMITED ( “China
|
||
Asset Management ”)
|
||
CITIC Securities Brokerage (HK)
|
||
Limited ( “CITIC Brokerage ”)
|
||
China Asset Management is owned as to
|
||
62.2% by CITIC Securities Company
|
||
Limited, which is holding company
|
||
of CITIC Brokerage. China Asset
|
||
Management is a member of the
|
||
same group of companies as CITICS
|
||
Brokerage
|
||
Discretionary 175,000 Please refer to
|
||
note 3 below.
|
||
0.86% 0.19%
|
||
Notes:
|
||
1) Bosera AM will hold the Offer Shares in its capacity as a discretionary fund manager managing assets on behalf of its underlying clients. To the best of
|
||
knowledge of Bosera AM, the underlying clients of Bosera AM, together with its ultimate beneficial owners, is an independent third party of the Company, its
|
||
subsidiaries, its Controlling Shareholders, its substantial shareholders, Bosera AM, the CMBI Connected Distributors and the companies which are members of
|
||
the same group of the CMBI Connected Distributors.
|
||
2) Value Partners will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of their investors, each of which is
|
||
an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial shareholders, Value Partners, GF Securities and the
|
||
companies which are members of the same group of GF Securities. To the best of knowledge of Value Partners, the underlying clients of Value Partners, together
|
||
with its ultimate beneficial owners, is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial shareholders, Value
|
||
Partners, GF Securities (Hong Kong) Brokerage and the companies which are members of the same group of GF Securities (Hong Kong) Brokerage.
|
||
3) China Asset Management will subscribe for and hold the Offer Shares as a placee under the International Offering in accounts in its capacity as the discretionary
|
||
fund manager managing assets on behalf of its underlying clients. To the best of knowledge of China Asset Management, the underlying clients of China Asset
|
||
Management, together with its ultimate beneficial owners, is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its
|
||
substantial shareholders, China Asset Management, CITIC Brokerage and the companies which are members of the same group of CITIC Brokerage.
|
||
|
||
|
||
--- page 16 ---
|
||
16
|
||
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 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, AFRC
|
||
transaction levy, SFC transaction levy and Stock Exchange trading fee payable.
|
||
DISCLAIMERS
|
||
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and
|
||
Hong Kong Securities Clearing Company Limited 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 Offer Shares have
|
||
not been and will not be registered under the United States Securities Act of 1933, as amended
|
||
(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 (1) solely to qualified institutional buyers as defined in
|
||
Rule 144A in reliance on Rule 144A or another exemption from, or in a transaction not subject
|
||
to, 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 February 27, 2026 issued by ALSCO Pooling Service
|
||
Co., Ltd. ʮ̡ for detailed information about the Global Offering
|
||
described below before deciding whether or not to invest in the Offer Shares thereby being
|
||
offered.
|
||
* Potential investors of the Offer Shares should note that the Joint Sponsors and the Overall
|
||
Coordinators (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 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. (Hong Kong time) on the Listing
|
||
Date (which is currently expected to be on March 9, 2026).
|
||
|
||
|
||
--- page 17 ---
|
||
17
|
||
PUBLIC FLOAT AND FREE FLOAT
|
||
Immediately following the completion of the Global Offering, based on the Offer Price of
|
||
HK$11.00 per H Share: (1) 27,506,138 H Shares, representing approximately 30.45% of the total
|
||
number of issued Shares will be counted towards the public after Listing, which will satisfy the
|
||
public float requirement under Rule 19A.13A of the Listing Rules; and (2) the Company satisfies
|
||
the free float requirement pursuant to Rule 19A.13C(1) of the Listing Rules.
|
||
The Directors confirm that, immediately following completion of the Global Offering: (i) the
|
||
Shares will be held by at least 300 Shareholders at the time of Listing, in compliance with Rule
|
||
8.08(2) of the Listing Rules; (ii) the three largest public Shareholders will not hold more than
|
||
50% of the H Shares held in public hands at the time of Listing, in compliance with Rules 8.08(3)
|
||
and 8.24 of the Listing Rules; (iii) no placee will, individually, be placed more than 10% of the
|
||
enlarged issued share capital of the Company immediately after the Global Offering; and (iv) there
|
||
will not be any new substantial Shareholder (as defined in the Listing Rules) immediately after the
|
||
Global Offering.
|
||
COMMENCEMENT OF DEALINGS
|
||
The H Share certificates will only become valid evidence of title at 8:00 a.m. on Monday, March
|
||
9, 2026 (Hong Kong time), provided that the Global Offering has become unconditional and the
|
||
right of termination described in the section 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 at or before 8:00 a.m. on Monday,
|
||
March 9, 2026 (Hong Kong time), it is expected that dealings in the H Shares on the Stock
|
||
Exchange will commence at 9:00 a.m. on Monday, March 9, 2026 (Hong Kong time). The H
|
||
Shares will be traded in board lots of 200 H Shares each, and the stock code of the H Shares will
|
||
be 2649.
|
||
By order of the Board
|
||
ALSCO Pooling Service Co., Ltd.
|
||
Mr. Sun Yan ’an
|
||
Chairman and Director
|
||
Hong Kong, March 6, 2026
|
||
As of the date of this announcement, the board of directors of the Company comprises: (i)
|
||
Mr. Sun Yan ’an, Mr. Wang Yue and Mr. Xiang Yang as executive Directors; (ii) Dr. Fang Dianjun,
|
||
Mr. Ren Qingxiang and Dr. Dai Yuanyue as non-executive Directors; and (iii) Dr. Wang Rui,
|
||
Dr. Liu Dacheng and Ms. Hong Ting as independent non-executive Directors.
|