hk-ipo/data/extracted_text/00325/allotment_results_2025-01-09_2025010900829.txt

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1
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Hong Kong 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 in this announcement, capitalized terms used herein shall have the same meanings as those
defined in the prospectus dated Tuesday, December 31, 2024 (the “Prospectus ”) issued by Bloks Group Limited ( ̺ኁ
ʮ̡ ) (the “Company ”).
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase
or subscribe for any 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
Shares thereby being offered. 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). This
announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities
in the United States or in any other jurisdictions. The securities mentioned herein 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
securities law of any state or other jurisdiction of the United States. The securities may not be offered, sold, pledged or
otherwise transferred within the United States except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The Offer Shares are
being offered and sold (i) within the United States solely to “Qualified Institutional Buyers ” as defined in Rule 144A
pursuant to an exemption from registration under the U.S. Securities Act and (ii) outside the United States in offshore
transactions in accordance with Regulation S under the U.S. Securities Act.
In connection with the Global Offering, Goldman Sachs (Asia) L.L.C. as stabilizing manager (the “Stabilization
Manager ”) (or its affiliates or any person acting for it), on behalf of the Underwriters, the extent permitted by the
applicable laws and regulatory requirements of Hong Kong or elsewhere, may over-allocate or effect transactions with
a view to stabilizing or supporting the market price of the Shares at such price, in such amounts and in such manners
as the Stabilizing Manager, its affiliates or any person acting for it may determine and 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 its affiliates 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 its affiliates or any person
acting for it) and in what the Stabilizing Manager reasonably regards as the best interest of our 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 (which is Thursday, February 6, 2025). Such Stabilizing action,
if taken, 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 no stabilizing action can be taken to support the price of the Shares for longer
than the stabilization period, which will begin on the Listing Date, and is expected to expire on the 30th day after the
last day for lodging applications under the Hong Kong Public Offering (which is Thursday, February 6, 2025). After
this date, when 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 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 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 Friday, January 10, 2025).


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Bloks Group Limited
ʮ̡
(Incorporated in the Cayman Islands with limited liability)
GLOBAL OFFERING
Number of Offer Shares under the
Global Offering
: 27,738,300 Offer Shares (taking into
account the full exercise of the Offer Size
Adjustment Option and subject to the
Over-allotment Option)
Number of Hong Kong Offer Shares : 12,060,300 Offer Shares (as adjusted
after reallocation)
Number of International Offer Shares : 15,678,000 Offer Shares (taking into
account the full exercise of the Offer
Size Adjustment Option, as adjusted
after reallocation and subject to
the Over-allotment Option)
Final Offer Price : HK$60.35 per Offer Share, plus
brokerage of 1.0%, SFC transaction
levy of 0.0027%, AFRC transaction
levy of 0.00015% and Stock Exchange
trading fee of 0.00565%
Nominal value : US$0.0001 per Share
Stock code : 0325
Joint Sponsors, Overall Coordinators, Joint Global Coordinators,
 Joint Bookrunners and Joint Lead Managers
Joint Lead Manager


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BLOKS GROUP LIMITED/ʮ̡
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 31, 2024 (the “Prospectus ”) issued
by Bloks 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 0325
Stock short name BLOKS
Dealings commencement date January 10, 2025*
*see note at the end of the announcement
Price Information
Final Offer Price HK$60.35
Offer Price Range HK$55.65 - HK$60.35
Offer Price Adjustment exercised No
Offer Shares and Share Capital
Number of Offer Shares (taking into account the full exercise
of the Offer Size Adjustment Option and subject to the Over-
allotment Option)
27,738,300
Number of Offer Shares in Hong Kong Public Offering (after
reallocation)
12,060,300
Number of Offer Shares in International Offering (taking into
account the full exercise of the Offer Size Adjustment Option,
after reallocation and subject to the Over-allotment Option)
15,678,000
Number of issued Shares upon Listing (before any exercise of the
Over-allotment Option)
245,090,245
The number of Offer Shares above is determined after taking into account the additional Offer
Shares issued under the following Offer Size Adjustment Option.


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Offer Size Adjustment Option (Upsize Option)
Number of additional Shares issued under the option 3,618,000
 – Hong Kong Public Offering N/A
 – International Offering 3,618,000
The Offer Size Adjustment Option has been fully exercised by the Overall Coordinators,
pursuant to which the Company is issuing and allotting 3,618,000 additional Offer Shares,
representing approximately 15% of the total number of Offer Shares initially available under
the Global Offering, at the final Offer Price.
Over-allocation
No. of Offer Shares over-allocated 4,160,700
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$1,674 million
 Less: Estimated listing expenses payable based on
 Final Offer Price
HK$(117) million
Net proceeds HK$1,557 million
Note: Gross proceeds refers to the amount to which the Company is entitled 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 intends to apply the additional net proceeds from the exercise of the Offer Size Adjustment Option
and 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. During the Track Record Period, the Company incurred
RMB23.7 million of listing expenses, among which, RMB15.4 million was charged to the consolidated
statements of profit or loss of the Company.


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ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFERING
No. of valid applications 126,841
No. of successful applications 40,201
Subscription level 5,999.96 times
Claw-back triggered Yes
No. of Offer Shares initially available under the Hong Kong Public Offering 2,412,300
Final no. of Offer Shares under the Hong Kong Public Offering (as adjusted
after reallocation)
12,060,300
% of Offer Shares under the Hong Kong Public Offering to the Global
Offering (before any exercise of Over-allotment Option)
43.5%
Note: For details of the final allocation of Shares to the Hong Kong Public Offering, investors can refer to  www.eipo.
com.hk/eIPOAllotment   to perform a search by identification number or  www.eipo.com.hk/eIPOAllotment   for
the full list of allottees.
INTERNATIONAL OFFERING
No. of placees 198
Subscription Level 38.6 times
No. of Offer Shares initially available under the International Offering 21,708,000
Final no. of Offer Shares under the International Offering (taking into
account the full exercise of the Offer Size Adjustment Option and as
adjusted after reallocation)
15,678,000
% of Offer Shares under the International Offering to the Global Offering
(before any exercise of Over-allotment Option)
56.5%
The Directors confirm that, to the best of their knowledge, information and belief, save for (a) 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 Offering
to certain existing Shareholders and/or their close associates, and (b) a consent under paragraph
17 of Chapter 4.15 of the Guide for New Listing Applicants to permit the Company to allocate
certain Offer Shares in the International Offering to close associate of certain existing Shareholder
and Cornerstone Investors, (i) none of the Offer Shares subscribed by the placees and the public
have been financed directly or indirectly by the Company, any of the Directors, chief executive
of the Company, controlling shareholders, substantial shareholders, existing shareholders of the
Company or any of its subsidiaries or their respective close associates; and (ii) none of the placees
and the public who have purchased the Offer Shares are accustomed to taking instructions from
the Company, any of the Directors, chief executive of the Company, controlling shareholders,
substantial shareholders, existing shareholders of the Company or any of its subsidiaries or their
respective close associates in relation to the acquisition, disposal, voting or other disposition of
Shares registered in his/her/its name or otherwise held by him/her/it.


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The placees in the International Offering include the following:
Cornerstone Investors
Investor Note 1
No. of
Offer Shares
allocated
Approximate
% of Offer
Shares Note 2
Approximate
% of total
issued share
capital after
the Global
Offering Note 2
Existing
Shareholders
or their close
associates
Greenwoods Asset
Management Hong Kong
Limited
2,574,600 9.28% 1.05% No
UBS Asset Management
(Singapore) Ltd. 2,574,600 9.28% 1.05% No
Fullgoal Fund Management
Co., Ltd. 900,900 3.25% 0.37% No
Fullgoal Asset Management
(HK) Limited 386,100 1.39% 0.16% No
Total 6,436,200 23.20% 2.63%
Notes:
(1) For further details of the Cornerstone Investors, please refer to the section headed “Cornerstone Investors ” in
the Prospectus.
(2)
Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
Allotees with waiver/consents obtained
Investor
No. of
Offer Shares
allocated
Approximate
% of Offer
Shares Note 1
Approximate
% of total
issued share
capital after
the Global
Offering Note 1
Relationship
Allotees 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 Offer
Shares by existing Shareholders and/or their close associate Note 2
Gaintex Investment
Limited 642,600 2.3% 3.6% An existing Shareholder
Plus Force
Enterprise Limited
258,000 0.9% 0.8%
A close associate of
Hongshan Limited, an
existing Shareholder


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Investor
No. of
Offer Shares
allocated
Approximate
% of Offer
Shares Note 1
Approximate
% of total
issued share
capital after
the Global
Offering Note 1
Relationship
Allotees with consent under paragraph 17 of Chapter 4.15 of the Guide for New Listing
Applicants in relation to allocations of Offer Shares to (a) close associate of an existing
Shareholder and (b) Cornerstone Investors Note 2
Merron Ventures
Limited
1,929,000 7.0% 5.8%
A close associate of
BlueCo Investment L.P.,
an existing Shareholder
UBS Asset
Management
(Singapore) Ltd.
642,000 2.3% 1.3% A Cornerstone
Investor Note 3
Greenwoods Asset
Management Hong
Kong Limited
255,000 0.9% 1.2% A Cornerstone
Investor Note 3
Allotee 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 client Note 2
Huatai Capital
Investment Limited
(“HTCI”)
53,400 0.19% 0.02% Connected client
Notes:
(1) Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
(2) For details of (i) the 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 Offer Shares by existing Shareholders
and/or their close associate, (ii) the consent under paragraph 17 of Chapter 4.15 of the Guide for New Listing
Applicants in relation to allocations of Offer Shares to (a) close associate of an existing Shareholder and (b)
Cornerstone Investors, and (iii) 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 client, please refer to the
section headed “Other Information ” in this announcement.
(3) The number of Offer Shares allocated to such investors only represents the number of Offer Shares
allocated to the investors as placees in the International Offering. For allocations of Offer Shares to the
relevant investors as Cornerstone Investors, please refer to the section headed “Allotment Results Details –
International Offering – Cornerstone Investors ” in this announcement.


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LOCK-UP UNDERTAKINGS
Controlling Shareholders
Name
Number of
Shares held in
the Company
subject to lock-up
undertakings upon
Listing
% of shareholding
in the Company
subject to lock-up
undertakings upon
Listing Note 1
Last day subject
to the lock-up
undertakings
Next Bloks Limited Note 2 110,639,460 45.14% July 9, 2025
(First Six-Month
Period) Note 3
January 9, 2026
(Second Six-
Month Period) Note 4
Smart Bloks Limited Note 2 8,805,846 3.59% July 9, 2025
(First Six-Month
Period) Note 3
January 9, 2026
(Second Six-
Month Period) Note 4
Subtotal 119,445,306 48.73%
Notes:
(1)
Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
(2)
Next Bloks Limited directly holds 110,639,460 Shares in the Company and is owned as to 99% by Wit
Bright Limited under the Wise Global Trust and 1% by Playcreation Holding Limited, and Smart Bloks
Limited holds 8,805,846 Shares in the Company and is wholly owned by Mr. Zhu. The Wise Global Trust is
a discretionary trust established by Mr. Zhu as the settlor for the benefit of Mr. Zhu and his family. As such,
Mr. Zhu, Next Bloks Limited, Smart Bloks Limited, Wit Bright Limited and Playcreation Holding Limited
will be the Controlling Shareholders of the Company after Listing.
(3)
In accordance with the relevant Listing Rule/guidance materials, the required lock-up for the First Six-
Month Period ends on July 9, 2025. The Controlling Shareholders may dispose of or transfer Shares after the
indicated date provided that the Controlling Shareholders will not cease to be a Controlling Shareholder.
(4)
In accordance with the relevant Listing Rule/guidance materials, the required lock-up for the Second Six-
Month Period ends on January 9, 2026.


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Pre-IPO Investors
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 Note 1
Last day subject
to the lock-up
undertakings Note 2
WAY ELEGANCE LIMITED 2,193,550 0.89% July 9, 2025
GAINTEX INVESTMENT
LIMITED
8,097,779 3.30% July 9, 2025
QI Daqing 1,755,705 0.72% July 9, 2025
JYCP Holding Limited 8,024,070 3.27% July 9, 2025
JYMB Holding Limited 877,420 0.36% July 9, 2025
Beihai Kmind Management
Consulting Limited
2,193,550 0.89% July 9, 2025
NAW Investment Co., Ltd. 1,658,065 0.68% July 9, 2025
SinoMedia (Asia Pacific)
Company Limited
5,352,255 2.18% July 9, 2025
HFHI investment Limited 1,253,445 0.51% July 9, 2025
BlueCo Investment L.P. 12,258,535 5.00% July 9, 2025
IDEA GREAT LIMITED 14,601,680 5.96% July 9, 2025
Gaorong BLK Holding limited 2,581,622 1.05% July 9, 2025
Yunfeng Blocks Management
Limited
6,839,440 2.79% July 9, 2025
Hongshan Limited 1,604,205 0.65% July 9, 2025
DRAGON RIDGE LIMITED 223,823 0.09% July 9, 2025
LC Fund IX, L.P. 671,470 0.27% July 9, 2025
Lenient Investment L.P. 671,470 0.27% July 9, 2025
Subtotal 70,858,084 28.88%
Notes:
(1)
Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
(2)
Each of the Pre-IPO Investors has entered into a deed of lock-up undertakings in favor of the Company, the
Joint Sponsors and the Overall Coordinators pursuant to which certain lock-up restrictions have been imposed
on its Relevant Shares during the period ending on the date that is six months from the Listing Date. For
details, please refer to the section headed “Underwriting – Undertakings by other existing Shareholders ” of
the Prospectus.


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10
Other Existing Shareholders
Name
Number of
Shares held in
the Company
subject to lock-up
undertakings upon
Listing
% of shareholding
in the Company
subject to lock-up
undertakings upon
Listing Note 1
Last day subject
to the lock-up
undertakings Note 2
ShawnXF Limited 4,363,650 1.78% July 9, 2025
Bloks Is Coming Limited 1,363,650 0.56% July 9, 2025
First Prosperity Limited 21,321,255 8.70% July 9, 2025
Subtotal 27,048,555 11.04%
Notes:
(1)
Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
(2)
Each of the other existing Shareholders has entered into a deed of lock-up undertakings in favor of the
Company, the Joint Sponsors and the Overall Coordinators pursuant to which certain lock-up restrictions
have been imposed on its Relevant Shares during the period ending on the date that is six months from the
Listing Date. For details, please refer to the section headed “Underwriting – Undertakings by other existing
Shareholders ” of the Prospectus.


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Cornerstone Investors
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 Note 1
Last day subject
to the lock-up
undertakings Note 2
Greenwoods Asset
Management Hong Kong
Limited
2,574,600 1.05% July 9, 2025
UBS Asset Management
(Singapore) Ltd.
2,574,600 1.05% July 9, 2025
Fullgoal Fund Management
Co., Ltd.
900,900 0.37% July 9, 2025
Fullgoal Asset Management
(HK) Limited
386,100 0.16% July 9, 2025
Subtotal 6,436,200 2.63%
Notes:
(1)
Taking into account the full exercise of the Offer Size Adjustment Option and before any exercise of the
Over-allotment Option.
(2)
The expiry day of the lock-up period shown in the table above is pursuant to the relevant Cornerstone
Investment Agreements.


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PLACEE CONCENTRATION ANALYSIS
Placees
Number of
Shares allotted
Allotment
as % of
International
Offering
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
Allotment
as % of
International
Offering
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Allotment as
% of total
Offer Shares
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
Allotment as %
of Offer Shares
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Number of
Shares held
upon Listing
% of total
issued share
capital upon
Listing
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
% of total
issued share
capital upon
Listing
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Top 1 3,216,600 20.52% 16.21% 11.60% 10.08% 3,216,600 1.31% 1.29%
Top 5 10,552,200 67.31% 53.19% 38.04% 33.08% 22,810,735 9.31% 9.15%
Top 10 13,048,800 83.23% 65.77% 47.04% 40.91% 33,405,114 13.63% 13.40%
Top 25 15,968,400 101.85% 80.49% 57.57% 50.06% 37,928,919 15.48% 15.22%
Note
* Ranking of placees is based on the number of Offer Shares allotted to the placees.
12


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SHAREHOLDER CONCENTRATION ANALYSIS
Shareholders
Number of
Offer Shares
allotted
Allotment
as % of
International
Offering
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
Allotment
as % of
International
Offering
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Allotment as
% of total
Offer Shares
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
Allotment as
% of total
Offer Shares
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Number of
Shares held
upon Listing
% of total
issued share
capital upon
Listing
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming no
exercise of the
Over-allotment
Option)
% of total
issued share
capital upon
Listing
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is
exercised in
full)
Top 1 – 0.00% 0.00% 0.00% 0.00% 119,445,306 48.74% 47.92%
Top 5 1,929,000 12.30% 9.72% 6.95% 6.05% 179,128,736 73.09% 71.87%
Top 10 5,788,200 36.92% 29.18% 20.87% 18.15% 207,641,060 84.72% 83.31%
Top 25 12,925,800 82.45% 65.15% 46.60% 40.52% 230,053,922 93.86% 92.30%
Note
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.
13


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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, 126,841 valid applications
made by the public will be conditionally allocated on the basis set out below:
NO. OF SHARES
APPLIED FOR
NO.OF VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE ALLOTTED
OF THE TOTAL NO. OF
SHARES APPLIED FOR
POOL A
300 37,497 3,750 out of 37,497 to receive 300 Shares 10.00%
600 5,683 580 out of 5,683 to receive 300 Shares 5.10%
900 2,637 277 out of 2,637 to receive 300 Shares 3.50%
1,200 1,480 160 out of 1,480 to receive 300 Shares 2.70%
1,500 3,930 432 out of 3,930 to receive 300 Shares 2.20%
1,800 1,136 130 out of 1,136 to receive 300 Shares 1.91%
2,100 1,801 214 out of 1,801 to receive 300 Shares 1.70%
2,400 526 63 out of 526 to receive 300 Shares 1.50%
2,700 378 48 out of 378 to receive 300 Shares 1.41%
3,000 5,145 669 out of 5,145 to receive 300 Shares 1.30%
4,500 1,867 252 out of 1,867 to receive 300 Shares 0.90%
6,000 2,397 336 out of 2,397 to receive 300 Shares 0.70%
7,500 1,864 280 out of 1,864 to receive 300 Shares 0.60%
9,000 1,907 297 out of 1,907 to receive 300 Shares 0.52%
10,500 1,514 244 out of 1,514 to receive 300 Shares 0.46%
12,000 1,304 214 out of 1,304 to receive 300 Shares 0.41%
13,500 988 173 out of 988 to receive 300 Shares 0.39%
15,000 2,401 456 out of 2,401 to receive 300 Shares 0.38%
18,000 1,847 410 out of 1,847 to receive 300 Shares 0.37%
21,000 1,842 464 out of 1,842 to receive 300 Shares 0.36%
24,000 1,303 365 out of 1,303 to receive 300 Shares 0.35%
27,000 946 289 out of 946 to receive 300 Shares 0.34%
30,000 6,137 2,025 out of 6,137 to receive 300 Shares 0.33%
45,000 3,101 1,488 out of 3,101 to receive 300 Shares 0.32%
60,000 2,566 1,591 out of 2,566 to receive 300 Shares 0.31%
75,000 6,524 4,894 out of 6,524 to receive 300 Shares 0.30%
98,721 Total number of Pool A successful applicants: 20,101


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15
NO. OF SHARES
APPLIED FOR
NO.OF VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE ALLOTTED
OF THE TOTAL NO. OF
SHARES APPLIED FOR
POOL B
90,000 3,655 1,754 out of 3,655 to receive 300 Shares 0.16%
105,000 1,287 676 out of 1,287 to receive 300 Shares 0.15%
120,000 992 556 out of 992 to receive 300 Shares 0.14%
135,000 729 426 out of 729 to receive 300 Shares 0.13%
150,000 1,619 971 out of 1,619 to receive 300 Shares 0.12%
180,000 1,622 1,071 out of 1,622 to receive 300 Shares 0.11%
210,000 1,176 823 out of 1,176 to receive 300 Shares 0.10%
240,000 1,145 733 out of 1,145 to receive 300 Shares 0.08%
270,000 835 541 out of 835 to receive 300 Shares 0.07%
300,000 5,000 3,250 out of 5,000 to receive 300 Shares 0.07%
600,000 3,305 2,644 out of 3,305 to receive 300 Shares 0.04%
900,000 1,301 1,201 out of 1,301 to receive 300 Shares 0.03%
1,206,000 5,454 300 Shares 0.02%
28,120 Total number of Pool B successful applicants: 20,100
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, 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.


--- page 16 ---
16
OTHER INFORMATION
Offer Size Adjustment Option and Reallocation
As the Hong Kong Public Offering has been oversubscribed by more than 100 times, the
reallocation as described in the section headed “Structure of the Global Offering – The Hong Kong
Public Offering – Reallocation ” of the Prospectus has been applied.
The Offer Size Adjustment Option has been fully exercised by the Overall Coordinators, pursuant
to which the Company is issuing and allotting 3,618,000 additional Offer Shares, representing
approximately 15% of the total number of Offer Shares initially available under the Global
Offering, at the final Offer Price. All of the additional Offer Shares that would be allotted and
issued by the Company pursuant to the full exercise of the Offer Size Adjustment Option will
be allocated to the International Offering. Accordingly, the total number of Offer Shares finally
available under the Global Offering (taking into account the full exercise of the Offer Size
Adjustment Option and before any exercise of the Over-allotment Option) that would be allotted
and issued by the Company is 27,738,300 Offer Shares and the total issued share capital of the
Company upon Listing (taking into account the full exercise of the Offer Size Adjustment Option
and before any exercise of the Over-allotment Option) will be 245,090,245 Shares.
As a result of the above, the final number of Offer Shares under the Hong Kong Public Offering
is adjusted to 12,060,300 Shares, representing approximately 43.5% 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 15,678,000
Shares, representing approximately 56.5% of the total number of Offer Shares under the Global
Offering (assuming the Over-allotment Option is not exercised).
Allocations of Offer Shares to (a) close associate of an existing Shareholder and (b)
Cornerstone Investors with a consent under paragraph 17 of Chapter 4.15 of the Guide for
New Listing Applicants
The Company has applied to, and the Stock Exchange has granted, a consent under paragraph 17
of Chapter 4.15 of the Guide for New Listing Applicants to permit the Company to allocate further
Offer Shares in the International Offering to (a) close associate of certain existing Shareholder and
(b) Cornerstone Investors as placees, subject to the following conditions:
(a) the final offering size of the Global Offering, excluding any over-allocation, will be of a total
value of at least HK$1 billion;
(b) the Offer Shares allocated to all existing Shareholders and their close associates as permitted
under the Size-based Exemption (as defined in the Guide for New Listing Applicants) do not
exceed 30% of the total number of the Shares offered under the Global Offering;
(c) each Director, chief executive and Controlling Shareholders of the Company confirms that no
Offer Shares have been allocated to them or their respective close associates under the Size-
based Exemption;
(d) the allocation to close associate of certain existing Shareholder and Cornerstone Investors
will not affect the Company ’s ability to satisfy the public float requirement as prescribed by
the Stock Exchange under Rule 8.08 of the Listing Rules; and


--- page 17 ---
17
(e) details of the allocation to close associate of certain existing Shareholder and Cornerstone
Investors under the Size-based Exemption will be disclosed in this announcement.
Such allocations of Offer Shares are in compliance with all the conditions under the consent
granted by the Stock Exchange.
For details of the allocations of Offer Shares to close associate of existing Shareholder and
Cornerstone Investors, please refer to the section headed “Allotment Results Details – International
Offering – Allotees with Waivers/Consents Obtained ” in this announcement.
Placing to existing Shareholders and/or their close associates 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
The 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 the Company to allocate such Offer Shares in the International
Offering to the existing Shareholders and/or their close associates listed above. The allocation of
Offer Shares to such existing Shareholders and/or their close associates is in compliance with all
the conditions under the waiver/consent granted by the Stock Exchange, including but not limited
to (i) each of such existing Shareholders, together with its close associate (if applicable), has
less than 5% of the Company ’s voting rights prior to the Listing, and (ii) each of such existing
Shareholders or its respective close associate (if applicable) is not or will not be a core connected
person of the Company or its close associate upon Listing. For details of the allocations of Offer
Shares to existing Shareholders and/or their close associates, please refer to the section headed
“Allotment Results Details – International Offering – Allotees with Waivers/Consents Obtained ” in
this announcement.
Placing to connected client 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 HTCI to participate in the Global
Offering. Details of the placement to connected client are set out below. The allocation of Offer
Shares to such connected client is in compliance with all the conditions under the consent granted
by the Stock Exchange.


--- page 18 ---
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
Number of Offer
Shares allocated
to the connected
client
Appropriate
percentage of total
number of Offer
Shares (taking
into account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is not
exercised)
Approximate
percentage of
total Shares in
issue immediately
following the
completion of
Global Offering
(taking into
account the
full exercise of
the Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is not
exercised)
1. Huatai Financial
Holdings (Hong
Kong) Limited
(“HTFH”)
HTCI
(Note 1) HTCI is a member
of the same group
of HTFH.
Please refer to Note (1). No Juming Ruiyi:
19,200
0.069% 0.008%
Juming Zhangyu:
12,000
0.043% 0.005%
United Advance
Capital: 19,200
0.069% 0.008%
Weining Qihang:
1,500
0.005% 0.001%
Shanghai Qinchen:
1,500
0.005% 0.001%
18


--- page 19 ---
19
Note:
(1) PRC investors are currently not permitted under applicable PRC laws to participate directly in initial public
offerings ( “IPOs”) in Hong Kong. However, PRC investors are permitted to invest in products issued by
appropriate
 domestic securities firms licensed to undertake cross-border derivatives trading activities. In
connection with such products, the licensed domestic securities firms, through their Hong Kong affiliates, may
participate in Hong Kong IPOs either as placees or cornerstone investors (the “Cross-border Derivatives
Trading Regime ”).
Huatai Securities Co., Ltd. ( “Huatai Securities ”), the shares of which are listed on both the Shanghai Stock
Exchange (stock code: 601688) and the Stock Exchange (stock code: 6886), is one of the domestic securities
firms licensed to undertake cross-border derivatives trading activities. Huatai Securities entered into an ISDA
agreement (the “ISDA Agreement ”) with its indirectly wholly-owned subsidiary, HTCI, to set out the principal
terms of any future total return swap between Huatai Securities and HTCI.
HTFH is an Overall Coordinator in connection with the Global Offering. Pursuant to the ISDA Agreement,
HTCI, which intends to participate in the Global Offering as a placee, will hold the Offer Shares on
a non-discretionary basis as the single underlying holder under a back-to-back total return swap (the
“Back-to-back TRS ”) to be entered by HTCI in connection with a Client TRS (as defined below) placed by
and fully funded (i.e. with no financing provided by HTCI) by the Huatai Ultimate Clients (as defined below),
by which, HTCI will pass the full economic exposure of the Offer Shares to the Huatai Ultimate Clients, which
in effect, HTCI will hold the beneficial interest of the Offer Shares on behalf of the Huatai Ultimate Clients.
HTCI is a member of the same group of companies as HTFH, the Overall Coordinator. Accordingly, HTCI is
considered as a “connected client ” of HTFH pursuant to paragraph 13(7) of the Placing Guidelines.
Pursuant to the Cross-border Derivatives Trading Regime, the onshore investors (the “Huatai Ultimate
Clients ”) cannot directly subscribe for the Offer Shares but may invest in derivative products issued by
domestic securities firms licenced to undertake cross-border derivatives trading activities, such as Huatai
Securities, with the Offer Shares as the underlying assets. Instead of directly subscribing for the Offer Shares,
the Huatai Ultimate Clients will place a total return swap order (the “Client TRS ”) with Huatai Securities in
connection with the Company ’s IPO and Huatai Securities will place a Back-to-back TRS order to HTCI on the
terms of the ISDA Agreement. In order to hedge its exposure under the Back-to-back TRS, HTCI participates in
the Company ’s IPO and subscribes the Offer Shares through placing order with HTFH during the International
Offering.
The Huatai Ultimate Clients for purpose of this place subscription include (i) Juming Ruiyi Private Equity
Investment Fund* (ږ“( ) Juming Ruiyi ”); (ii) Juming Zhangyu Value Growth Private
Equity Investment Fund* (ږ“( ) Juming Zhangyu ”); (iii) United Advance
Capital Company Limited* (ʮ̡ ) ( “United Advance Capital ”); (iv) Weining
Qihang No. 1 Private Equity Investment Fund* ( ሊྐྵ઼ঘ 1 ږ“( ) Weining Qihang ”); and
(v) Shanghai Qinchen Private Equity Fund Management Partnership (Limited Partnership)* (ږ
၍ଣΥྫΆุ (Υྫ )) ( “Shanghai Qinchen ”). LIANG Ruilin holds approximately 41.08% of the interest
in Juming Ruiyi, and no other participating shareholders of Juming Ruiyi holds 30% or more of the interest in
Juming Ruiyi. None of the participating shareholders of Juming Zhangyu holds 30% or more of the interest in
Juming Zhangyu. Guan Huayu is interested in approximately 67% of the shares of United Advance Capital, and
no other shareholders control more than 30% shareholding in United Advance Capital. WANG Jun is interested
in 50% of the shares of Weining Qihang, and no other shareholders of Weining Qihang control more than 30%
shareholding in Weining Qihang. ZHANG Hang is interested in 32.82% of the shares of Shanghai Qinchen, and
no other shareholders of Shanghai Qinchen controls more than 30% shareholding in Shanghai Qinchen.
To the best of knowledge of HTCI and after making all reasonable enquiries, each of the Huatai Ultimate
Clients is an independent third party of the Company, HTCI, HTFH and the companies which are members of
the same group of companies as HTFH.


--- page 20 ---
20
The purpose of HTCI to subscribe for the Offer Shares is for hedging the Back-to-back TRS in connection
with the Client TRS order placed by the Huatai Ultimate Clients. Pursuant to the terms of the contracts of
the Back-to-back TRS and the Client TRS, during the tenor of the Back-to-back TRS and the Client TRS, all
economic returns of the Offer Shares will be passed to the Huatai Ultimate Clients through the Back-to-back
TRS and the Client TRS and all economic loss shall be borne by the Huatai Ultimate Clients. HTCI will not
take any economic return or bear any economic loss in relation to the Offer Shares.
Investment in the Back-to-back TRS and the Client TRS is similar to the investment in a qualified domestic
institutional investor fund ( “QDII”) in the way that the Huatai Ultimate Clients would reap all the economic
benefits of the underlying Offer Shares, except that a QDII fund would pass through the exchange rate exposure
on both the notional value of the investment and the profit and loss of the investment. In contrast, the profit and
loss of the Back-to-back TRS and the Client TRS factor into account the fluctuation in RMB exchange rate upon
termination of the Client TRS by converting the profit and loss using the current exchange rate at the time of
termination. As such, the Huatai Ultimate Clients would bear the exchange rate exposure of the profit and loss
on settlement date.
The Huatai Ultimate Clients may exercise an early termination right to terminate the Client TRS at any time
from the issue date of the Client TRS which should be on or after the date on which the Offer Shares are listed
on the Stock Exchange. Upon the termination upon maturity or early termination of the Client TRS by the
Huatai Ultimate Clients, HTCI will dispose the Offer Shares on the secondary market and the Huatai Ultimate
Clients will receive a final termination amount of the Back-to-back TRS which should have taken into account
all the economic returns or economic loss in relation to the Offer Shares. If upon the maturity of the Client TRS,
the Huatai Ultimate Clients intend to extend the investment period, subject to further agreement between Huatai
Securities and the relevant Huatai Ultimate Clients, the term of the Client TRS could be extended by way of a
new issuance or a tenor extension. Accordingly, Huatai Securities will extend the term of the Back-to-back TRS
by way of a new issuance or a tenor extension.
It is proposed that HTCI will hold the legal title and the voting right of the Offer Shares by itself, and pass
through the economic exposure to the Huatai Ultimate Clients, each being an onshore client who places a Client
TRS order with Huatai Securities in connection with the IPO of the Company. Due to its internal policy, HTCI
will not exercise the voting right of the Offer Shares during the tenor of the Back-to-back TRS.
During the life of the Client TRS and Back-to-back TRS, HTCI may continue to hold the Offer Shares in its
custodian account, or to hold some or all of the Offer Shares in a prime brokerage account for stock borrowing
purposes (as further described below).
As permitted under the contractual arrangement with the Huatai Ultimate Clients, HTCI will lend out its holding
of underlying Offer Shares in the form of stock borrowing loans consistent with market practice to lower its
finance costs, provided that HTCI has the ability to call back the Offer Shares on loan at any time in order to
satisfy its obligations under the Back-to-back TRS to ensure the economic interests to be passed to the Huatai
Ultimate Clients will remain unchanged.


--- page 21 ---
21
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 in the United
States except pursuant to an exemption from the registration requirements of the U.S. Securities
Act and in compliance with any applicable state securities laws, or outside the United States
unless in 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 31, 2024 issued by Bloks 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 Sponsors and 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 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 January 10, 2025).


--- page 22 ---
22
PUBLIC FLOAT
Immediately following the completion of the Global Offering (before any exercise of the
Over-allotment Option), approximately 48.93% of the issued share capital of the Company, will
be held in the public hands, satisfying the minimum percentage as prescribed by Rule 8.08 of the
Listing Rules.
The Directors confirm that, immediately following the completion of the Global Offering (before
any 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 (as defined in the Listing Rules) 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
Share certificates for the Offer Shares will only become valid evidence of title at 8:00 a.m. on
Friday, January 10, 2025 (Hong Kong time), provided that (i) the Global Offering has become
unconditional in all respects, and (ii) the right of termination as 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 Shares on
the basis of publicly available allocation details before the receipt of Share certificates or before
the Share certificates become valid evidence of title do so entirely at their own risk.
Assuming that the Hong Kong Public Offering becomes unconditional at or before 8:00 a.m. in
Hong Kong on Friday, January 10, 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, January 10, 2025 (Hong
Kong time). The Shares will be traded in board lots of 300 Shares each and the stock code of the
Shares will be 0325.
By order of the board
Bloks Group Limited
Mr. Zhu Weisong
Chairman of the Board, Executive Director and
Chief Executive Officer
Hong Kong, January 9, 2025
As of the date of this announcement, the Board comprises Mr. Zhu Weisong, Mr. Sheng Xiaofeng
as executive Directors; Mr. Chang Kaisi and Mr. Chen Rui as the non-executive Directors; and Mr.
Gao Pingyang, Ms. Huang Rong and Mr. Shang Jian as independent non-executive Directors.