hk-ipo/data/extracted_text/00470/allotment_results_2026-02-10_2026021001338.txt

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1
Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “Stock Exchange ”)
and Hong Kong Securities Clearing Company Limited ( “HKSCC ”) take no responsibility for the contents of this
announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this
announcement.
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, and is not intended to, constitute or form a part of any offer or solicitation to purchase or
subscribe for securities in the United States or in any other jurisdiction. The Offer Shares have not been and will not
be registered under the United States Securities Act of 1933, as amended from time to time (the “U.S. Securities
Act”) or securities law of any state or other jurisdiction of the United States and may not be offered, sold, pledged or
otherwise transferred within the United States, except in transactions exempt from, or not subject to, the registration
requirements of the U.S. Securities Act and in compliance with any applicable 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.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase
or subscribe for securities. Potential investors should read the Prospectus for detailed information about the Company
and the Global Offering described below before deciding whether or not to invest in the Offer Shares.
Unless otherwise defined herein, capitalized terms used in this announcement shall have the same meanings as those
defined in the prospectus dated February 3, 2026 (the “Prospectus ”) issued by Wuxi Lead Intelligent Equipment Co.,
Ltd. (ʮ̡ ) (the “Company ”).
In connection with the Global Offering, J.P. Morgan Securities (Asia Pacific) Limited 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, being Sunday, March 8, 2026. 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 H 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. After this date, when no further
stabilizing action may be taken, demand for the H Shares, and therefore the price of the H Shares, could fall.
The Hong Kong Offer Shares will be offered to the public in Hong Kong subject to the terms and conditions set out
in the Prospectus. The Hong Kong Offer Shares will not be offered to any person who is outside Hong Kong and/
or not resident in Hong Kong. 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.


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2
WUXI LEAD INTELLIGENT EQUIPMENT CO., LTD.
ʮ̡
(A joint stock company incorporated in the People ’s Republic of China with limited liability)
Global Offering
Number of Offer Shares under the
Global Offering
: 107,658,400 H 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 : 9,361,600 H Shares
Number of International Offer Shares : 98,296,800 H Shares (taking into account
the full exercise of the Offer Size
Adjustment Option and subject to
the Over-allotment Option)
Offer Price : HK$45.80 per H Share, plus brokerage
of 1.0%, SFC transaction levy
of 0.0027%, Hong Kong Stock
Exchange trading fee of 0.00565% and
AFRC transaction levy of 0.00015%
(payable in full on application in Hong
Kong dollars and subject to refund)
Nominal value : RMB1.00 per H Share
Stock code : 0470
Joint Sponsors, Sponsor-Overall Coordinators, Joint Global Coordinators,
Joint Bookrunners and Joint Lead Managers
(in alphabetical order)
Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers
Joint Bookrunners and Joint Lead Managers


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WUXI LEAD INTELLIGENT EQUIPMENT CO., LTD.
無錫先導智能裝備股份有限公司
ANNOUNCEMENT OF ALLOTMENT RESULTS

Unless otherwise defined herein, capitalized terms used in this announcement shall have the
same meanings as those defined in the prospectus dated February 3, 2026 (the “Prospectus”)
issued by WUXI LEAD INTELLIGENT EQUIPMENT CO., LTD. (無錫先導智能裝備股份有
限公司) (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 H Shares could move substantially even with a small number of H Shares traded
and should exercise extreme caution when dealing in the H Shares.
SUMMARY

Company Information
Stock Code 0470
Stock Short Name WUXI LEAD
Dealings commencement date February 11, 2026*
* see note at the end of the announcement

Price Information
Final Offer Price HK$45.80
Maximum Offer Price HK$45.80
Offer Price Adjustment exercised N/A

Offer Shares and Share Capital
Number of Offer Shares 107,658,400
Number of Offer Shares in Hong Kong
Public Offering
9,361,600
Number of Offer Shares in International
Offering (taking into account the full
exercise of the Offer Size Adjustment
Option)
98,296,800
Number of issued Shares upon Listing
(before exercise of the Over -allotment
Option)
1,673,821,434
The number of Offer Shares above is determined after taking into account the additional
Offer Shares issued under the following Offer Size Adjustment Option.

Offer Size Adjustment Option (Upsize option)
Number of additional shares issued
under the option
14,042,400


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- Hong Kong Public Offering N/A
- International Offering 14,042,400
The Offer Size Adjustment Option has been exercised in full, pursuant to which the Company
is issuing and allotting 14,042,400  additional Offer Shares, representing approximately
15.00% 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 16,148,700
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$4,930.8 million
Less: Estimated listing expenses
payable based on Final Offer
Price
HK$134.4 million
Net Proceeds HK$4,796.4 million
Note: Gross proceeds refers to the amount which the Company is entitled to receive. For
details of the use of proceeds, please refer to the section headed “Future Plans and Use of
Proceeds” of the Prospectus. The Company will adjust the allocation of the n et proceeds
from the exercise of the Over-allotment Option (if any) for the purposes as set out in the
section headed “Future Plans and Use of Proceeds” of the Prospectus on a pro rata basis.

ALLOTMENT RESULTS DETAILS

HONG KONG PUBLIC OFFERING


No. of valid applications 57,322
No. of successful applications 28,577
Subscription level 79.54 times
Claw-back triggered N/A
No. of Offer Shares initially available under the Hong Kong
Public Offering
9,361,600
Final no. of Offer Shares under the Hong Kong Public
Offering
9,361,600
% of Offer Shares under the Hong Kong Public Offering to
the Global Offering  (after taking into account the full
exercise of the Offer Size Adjustment Option)
8.7%
Note: For details of the final allocation of H Shares to the Hong Kong Public Offering,
investors can refer to www.eipo.com.hk/eIPOAllotment to perform a search by identification


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number or www.eipo.com.hk/eIPOAllotment for the full list of allottees.

INTERNATIONAL OFFERING


No. of placees 127
Subscription Level (before taking into account the Offer Size
Adjustment Option)
10.47x
No. of Offer Shares initially available under the International Offering 84,254,400
Final no. of Offer Shares under the International Offering (after taking
into account the full exercise of the Offer Size Adjustment Option)
98,296,800
% of Offer Shares under the International Offer ing to the Global
Offering (after taking into account the full exercise of the Offer Size
Adjustment Option)
91.3%

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 1C of Appendix F1 to the Listing Rules (the “Placing Guidelines”) granted by the
Stock Exchange to permit H Shares in the International Offering to be placed to certain
Existing Minority Shareholders and/or their close associates, and (b) a consent under Chapter
4.15 of the Guide for New Listing Applicants t o permit the Company to, among other things,
allocate further H Shares in the International Offering to certain Cornerstone Investors and/or
their respective close associates, (i) none of the Offer Shares subscribed by the placees and the
public have been financed directly or indirectly by the Company, any of the Directors,
Supervisors, chief executive of the Company, substantial Shareholders, existing Shareholders
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, Supervisors, chief executive of the
Company, 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 H Shares registered in his/her/its name or otherwise held by him/her/it.

The placees in the International Offering include the following:

Cornerstone Investors

Investor
No. of Offer
Shares
allocated
% of total
issued H Shares
after the Global
Offering (after
taking into
account the full
exercise of the
Offer Size
% of total issued
share capital
after the Global
Offering (after
taking into
account the full
exercise of the
Offer Size
Existing
shareholders or
their close
associates Note 2


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Adjustment
Option and
assuming the
Over-allotment
Option is not
exercised) Note 1
Adjustment
Option and
assuming the
Over-allotment
Option is not
exercised)
Oaktree
Capital
Management
, L.P.
(“Oaktree”) 5,106,200 4.74% 0.31% No
Pinpoint
Asset
Management
Limited
(“Pinpoint”) 3,404,100 3.16% 0.20% No
Aspex
Master Fund
(“AMF”) 17,020,700 15.81% 1.02% No
MY Asian
Opportunities
Master Fund,
L.P . (“MY
Asian”) 5,106,200 4.74% 0.31% No
Morgan
Stanley &
Co.
International
plc
(“MSIP”) 3,404,100 3.16% 0.20% Yes
Ovata
Capital
Management
Limited
(“Ovata
Capital”) 3,404,100 3.16% 0.20% No
Qube Master
Fund Ltd
(“QRT”) 3,404,100 3.16% 0.20% No
Wuxi Jinchou
and GTHT
(in
connection
with Wuxi 2,553,100 2.37% 0.15% No


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Jinchou OTC
Swaps) (as
defined in the
Prospectus)
Integrated
Core
Strategies
(Asia) Pte.
Ltd.
(“Millenniu
m ICSA”) 1,702,000 1.58% 0.10% No
Rome
Garden
Holding
Limited
(“Rome
Garden”) 1,702,000 1.58% 0.10% No
Total 46,806,600 43.48% 2.80% -
Notes:

(1) The number of H Shares immediately after the Global Offering is the same as the number of Offer Shares to
be issued under the Global Offering.

(2) In addition to the Offer Shares subscribed for as Cornerstone Investors,  Pinpoint, AMF , MY Asian, MSIP ,
Ovata Capital, Q RT, Millennium ICSA and Rome Garden and/or their respective close associates, where
applicable, were allocated further Offer Shares as plac ees in the International Offering. Please refer to the
section headed “Allotment Results Details – International Offer – Allotees with Waivers/Consents Obtained” in
this announcement for details. Only the Offer Shares subscribed for as Cornerstone Investors are subject to lock-
up as indicated below. For details, please refer to the section headed “Lock -up Undertakings – Cornerstone
Investors” in this announcement.


Allottee with waivers/consents obtained

Investor
No. of Offer
Shares allocated
% of total
issued H
Shares after
the Global
Offering
(after
taking into
account the
full exercise
of the Offer
% of total
issued share
capital after
the Global
Offering
(after taking
into account
the full
exercise of
the Offer Relationship


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Size
Adjustment
Option and
assuming
the Over-
allotment
Option is
not
exercised
Note 4
Size
Adjustment
Option and
assuming
the Over-
allotment
Option is
not
exercised
Note 5
Allotees with waiver from strict compliance with Rule 10.04 of the Listing Rules and
consent under paragraph 1C(2) of the Placing Guidelines in relation to subscription for H
Shares by Existing Minority Shareholders and their close associates Note 1
Nil Note 1 Nil Nil Nil Nil
Allotees with consent under Chapter 4.15 of the Guide for New Listing Applicants in
relation to allocations of further H Shares to investors who will participate in the Proposed
Listing both as (i) a cornerstone investor and (ii) a placee in the International Offering Note
2
Pinpoint 1,727,900  1.60% 0.10%
A Cornerstone
Investor
AMF 8,510,000 7.90% 0.51%
A Cornerstone
Investor
MY Asian 1,079,300 1.00% 0.06%
A Cornerstone
Investor
MY Total Return
Offshore SP3 112,500 0.10% 0.01%
A close associate of
a Cornerstone
Investor
MSIP 1,159,700 1.08% 0.07%
An Existing
Minority
Shareholder and a
Cornerstone Investor
Ovata Capital 600,000 0.56% 0.04%
A Cornerstone
Investor
QRT 930,000  0.86% 0.06%
A Cornerstone
Investor
Millennium
ICSA 900,000 0.84% 0.05%
A Cornerstone
Investor
Rome Garden 680,600 0.63% 0.04%
A Cornerstone
Investor
Guotai Junan
Investments
(Hong Kong)
Limited
(“GTINV”) 850,000 0.79% 0.05%
For further informa
tion of GTINV, ple
ase refer to the sec
tion named “Corner
stone Investors ”


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Allotees with consent under paragraph 1C(1) of the Placing Guidelines and Chapter 4.15
of the Guide for New Listing Applicants in relation to allocations to connected clients Note
3
Huatai Capital
Investment
Limited
(“HTCI”) 1,300,000 1.21% 0.08% Connected client
CITIC Securities
Asset
Management
Company
Limited
(“CITIC AM”) 34,000 0.03% 0.00%*  Connected client
CITIC Securities
Asset
management
(HK) Limited
(“CITIC AM
HK”) 34,000 0.03%  0.00%*  Connected client
CITIC Securities
International
Capital
Management
Limited (“CSI”) 8,500 0.01%  0.00%*  Connected client
Bosera Asset
Management
(International)
Co. Limited
(“Bosera AM”) 68,000 0.06% 0.00%* Connected client
China Southern
Asset
Management
Co., Ltd.
(“China
Southern”) 930,000 0.86% 0.06% Connected client
Nomura Asset
Management
Taiwan Ltd.
(“Nomura
AM”) 300,000 0.28% 0.02% Connected client
Notes:
* Percentage less than 0.01%

1. Among the Cornerstone Investors, MSIP is an Existing Minority Shareholder of the Company. The Stock


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Exchange has granted a waiver from  strict compliance with the requirements under Rule 10.04 of the
Listing Rules and consent under  Paragraph 1(C)(2) of the Placing Guidelines to permit H Shares in the
International Offering to be placed to  Existing Minority Shareholders and their close asso ciates. Please
refer to the section headed  “Waivers and Exemptions – Allocation of H Shares to Existing Minority
Shareholders and Their Close Associates” of the Prospectus for details.

The Stock Exchange granted the waiver on the condition that, among others, details of the allocation to the
Existing Minority Shareholders holding more than 1% of the issued share capital of the Company
immediately prior to the completion of the Global Offering will be disclosed in the Prospectus and/or  the
allotment results announcement.

2. The number of Offer Shares allocated to the relevant investors listed in this subsection 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 Offer – Cornerstone Investors” in this announcement. For
details of the consent under Chapter 4.15 of the Guide for New Listing Applicants in relation to allocations
of further H Shares to the investors who will participate in the Proposed Listing both as (i) a cornerstone
investor and (ii) a placee in the International Offering, please refer to the section headed
“Others/Additional Information – Allocation of H Shares to investors who will participate in the Proposed
Listing both as (i) a cornerstone investor and (ii) a placee in the International Offering with consents under
Chapter 4.15 of the Guide for New Listing Applicants ” in this announcement.

3. For details of the consent under paragraph 1C(1) of the Placing Guidelines and Chapter 4.15 of the Guide
for New Listing Applicants in relation to allocations to connected clients, please refer to the section headed
“Others / Additional Information – Placing to connected clients with prior consents under paragraph 1C(1)
of the Placing Guidelines” in this announcement.

4. The number of H Shares immediately after the Global Offering is the same as the number of Offer Shares
to be issued under the Global Offering.

5. Only taking into account the H Shares allocated to the relevant investors under the Global Offering.


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LOCK-UP UNDERTAKINGS

Controlling Shareholders

Name
Number of Shares
held in the Company
subject to lock-up
undertakings upon
Listing
Number of
H Shares
held in the
Company
subject to
lock-up
undertakings
upon Listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon Listing
(after taking
into account
the full
exercise of
the Offer
Size
Adjustment
Option and
assuming
the Over-
allotment
Option is not
exercised Note
1
% of
shareholding
in the
Company
subject to lock-
up
undertakings
upon Listing
(after taking
into account
the full
exercise of the
Offer Size
Adjustment
Option and
assuming the
Over-allotment
Option is not
exercised
Last day
subject to the
lock-up
undertakings
Controlling
Shareholders
Note 2 506,331,703 0 0 30.29%
August 10,
2026 (First
Six-month
Period) Note 3
February 10,
2027
(Second Six-
month
Period) Note 4
Note:

1. The number of H Shares immediately after the Global Offering is the same as the number of Offer Shares
to be issued under the Global Offering.

2. Mr. Wang Yanqing (王燕清), Lhasa Xindao, Wuxi Yuxi and Shanghai Zhuoao held 8,836,057, 336,039,506,
69,414,157 and 92,041,983 Shares subject to lock-up undertakings upon Listing, respectively.


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3. The Controlling Shareholders may dispose of or transfer Shares after the indicated date subject to that the
Controlling Shareholders will not cease to be a Controlling Shareholder.

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

Cornerstone Investors

Name
Number of H Shares
held in the Company
subject to lock-up
undertakings upon
Listing
% of total
issued H
Shares after
the Global
Offering
subject to
lock-up
undertakings
upon Listing
(after taking
into account
the full
exercise of
the Offer
Size
Adjustment
Option and
assuming the
Over-
allotment
Option is not
exercised Note
1
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon Listing
(after taking
into account
the full
exercise of
the Offer
Size
Adjustment
Option and
assuming
the Over-
allotment
Option is not
exercised
Last day
subject to the
lock-up
undertakings
Note 2
Oaktree 5,106,200 4.74% 0.31% August 10,
2026
Pinpoint 3,404,100 3.16% 0.20% August 10,
2026
AMF 17,020,700 15.81% 1.02% August 10,
2026
MY Asian 5,106,200 4.74% 0.31% August 10,
2026
MSIP 3,404,100 3.16% 0.20% August 10,
2026
Ovata Capital 3,404,100 3.16% 0.20% August 10,
2026
QRT 3,404,100 3.16% 0.20% August 10,


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2026
Wuxi Jinchou and
GTHT (in
connection with
Wuxi Jinchou OTC
Swaps) (as defined
in the Prospectus)
2,553,100 2.37% 0.15% August 10,
2026
Millennium ICSA 1,702,000 1.58% 0.10% August 10,
2026
Rome Garden 1,702,000 1.58% 0.10% August 10,
2026
Notes:

1. The number of H Shares immediately after the Global Offering is the same as the number
of Offer Shares to be issued under the Global Offering.

2. In accordance with the relevant cornerstone investment agreements, the required lock -
up ends on August 10, 2026. The Cornerstone Investors will cease to be prohibited from
disposing of or transferring H Shares subscribed for pursuant to the relevant cornerstone
investment agreements after the indicated date.

PLACEE CONCENTRATION ANALYSIS

Placee
s*
Numbe
r of H
Shares
allotted
Allotment
as % of
Internatio
nal
Offering
(assuming
no
exercise
of the
Over-
allotment
Option)
Allotment
as % of
Internatio
nal
Offering
(assuming
the Over-
allotment
Option is
fully
exercised
and new
H Shares
are
issued)
Allotm
ent
as % of
total
Offer
Shares
(assumi
ng no
exercise
of the
Over-
allotme
nt
Option)
Allotm
ent
as % of
total
Offer
Shares
(assumi
ng the
Over-
allotme
nt
Option
is fully
exercise
d and
new H
Shares
are
issued)
Numbe
r of H
Shares
held
upon
Listing
% of
total
issued
share
capital
upon
Listing
(assumi
ng no
exercise
of the
Over-
allotme
nt
Option)
% of
total
issued
share
capital
upon
Listing
(assumi
ng the
Over-
allotme
nt
Option
is fully
exercise
d and
new H
Shares
are
issued)
Top 1 25,530,7 25.97% 22.31% 23.71% 20.62% 25,530,7 1.53% 1.51%


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00 00
Top 5 51,936,7
00
52.84% 45.38% 48.24% 41.95% 51,936,7
00
3.10% 3.07%
Top 10 72,844,9
00
74.11% 63.65% 67.66% 58.84% 72,844,9
00
4.35% 4.31%
Top 25 96,900,2
00
98.58% 84.67% 90.01% 78.27% 96,900,2
00
5.79% 5.73%

Note
* Ranking of placees is based on the number of H Shares allotted to the placees.

H SHAREHOLDERS CONCENTRATION ANALYSIS

H
Sharehol
ders *
Numbe
r of H
Shares
allotted
Allotmen
t as % of
Internati
onal
Offering
(assumin
g no
exercise
of the
Over-
allotment
Option)
Allotmen
t as % of
Internati
onal
Offering
(assumin
g the
Over-
allotment
Option is
fully
exercised
and new
H Shares
are
issued)
Allotm
ent
as %
of total
Offer
Shares
(assum
ing no
exercis
e of the
Over-
allotm
ent
Option
)
Allotm
ent
as %
of total
Offer
Shares
(assum
ing the
Over-
allotme
nt
Option
is fully
exercis
ed and
new H
Shares
are
issued)
Numbe
r of H
Shares
held
upon
Listing
% of
total
issued
H
share
capital
upon
Listing
(assum
ing no
exercis
e of the
Over-
allotme
nt
Option
)
% of
total
issued
H
share
capital
upon
Listing
(assum
ing the
Over-
allotme
nt
Option
is fully
exercis
ed and
new H
Shares
are
issued)
Top 1 25,530,
700 25.97% 22.31% 23.71% 20.62% 25,530,
700 23.71% 20.62%
Top 5 51,936,
700 52.84% 45.38% 48.24% 41.95% 51,936,
700 48.24% 41.95%
Top 10 72,844,
900 74.11% 63.65% 67.66% 58.84% 72,844,
900 67.66% 58.84%
Top 25 96,900,
200 98.58% 84.67% 90.01% 78.27% 96,900,
200 90.01% 78.27%

Note


--- page 15 ---
* Ranking of H Shareholders is based on the number of H Shares held by the H Shareholders
upon Listing.

SHAREHOLDER CONCENTRATION ANALYSIS

Shareh
older s*
Nu
mbe
r of
H
Shar
es
allot
ted
Allotme
nt as %
of
Internat
ional
Offering
(assumi
ng no
exercise
of the
Over-
allotmen
t
Option)
Allotme
nt as %
of
Internat
ional
Offering
(assumi
ng the
Over-
allotmen
t Option
is fully
exercise
d and
new H
Shares
are
issued)
Allot
ment
as %
of
total
Offer
Share
s
(assu
ming
no
exerci
se of
the
Over-
allotm
ent
Optio
n)
Allot
ment
as %
of
total
Offer
Share
s
(assu
ming
the
Over-
allotm
ent
Optio
n is
fully
exerci
sed
and
new H
Share
s are
issued
)
Numb
er of
H
Share
s held
upon
Listin
g
Numb
er of
Shares
held
upon
Listing
% of
total
issued
share
capita
l upon
Listin
g
(assu
ming
no
exerci
se of
the
Over-
allotm
ent
Optio
n)
% of
total
issued
share
capita
l upon
Listin
g
(assu
ming
the
Over-
allotm
ent
Optio
n is
fully
exerci
sed
and
new H
Share
s are
issued
)
Top 1 - 0.0% 0.0% 0.0% 0.0% -

506,331
,703
30.3% 30.0%
Top 5

25,530
,700
26.0% 22.3% 23.7% 20.6%

25,530
,700

637,573
,535
38.1% 37.7%
Top 10

40,506
,700
41.2% 35.4% 37.6% 32.7%

40,506
,700

678,521
,125
40.5% 40.1%
Top 25

69,944
,900
71.2% 61.1% 65.0% 56.5%

69,944
,900

745,844
,836
44.6% 44.1%

Note


--- page 16 ---
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the
Shareholder upon Listing.


--- page 17 ---
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING

Subject to the satisfaction of the conditions set out in the Prospectus, valid applications made
by the public will be conditionally allocated on the basis set out below:

NO. OF SHARES
APPLIED FOR
NO. OF V ALID
APPLICATIONS
BASIS OF
ALLOTMENT /
BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF
THE TOTAL NO.
OF H SHARES
APPLIED FOR
POOL A
100 17,015
3,063 out of 17,015 to
receive 100 Shares 18.00%
200 8,294
1,659 out of 8,294 to
receive 100 Shares 10.00%
300 1,911
516 out of 1,911 to
receive 100 Shares 9.00%
400 1,355
434 out of 1,355 to
receive 100 Shares 8.01%
500 1,685
632 out of 1,685 to
receive 100 Shares 7.50%
600 696
305 out of 696 to
receive 100 Shares 7.30%
700 666
336 out of 666 to
receive 100 Shares 7.21%
800 614
344 out of 614 to
receive 100 Shares 7.00%
900 622
381 out of 622 to
receive 100 Shares 6.81%
1,000 7,322
4,566 out of 7,322 to
receive 100 Shares 6.24%
2,000 3,187
2,550 out of 3,187 to
receive 100 Shares 4.00%
3,000 1,645
1,481 out of 1,645 to
receive 100 Shares 3.00%
4,000 1,072 100 Shares 2.50%
5,000 1,118
100 Shares plus 56 out
of 1,118 to receive
additional 100 Shares 2.10%
6,000 659
100 Shares plus 53 out
of 659 to receive
additional 100 Shares 1.80%
7,000 492 100 Shares plus 59 out 1.60%


--- page 18 ---
of 492 to receive
additional 100 Shares
8,000 456
100 Shares plus 91 out
of 456 to receive
additional 100 Shares 1.50%
9,000 372
100 Shares plus 97 out
of 372 to receive
additional 100 Shares 1.40%
10,000 2,417
100 Shares plus 725 out
of 2,417 to receive
additional 100 Shares 1.30%
20,000 1,309 200 Shares 1.00%
30,000 475 300 Shares 1.00%
40,000 477 400 Shares 1.00%
50,000 368 500 Shares 1.00%
60,000 251 600 Shares 1.00%
70,000 196 700 Shares 1.00%
80,000 152 800 Shares 1.00%
90,000 181 900 Shares 1.00%
100,000 936 1,000 Shares 1.00%

55,943
Total number of
Pool A successful
applicants: 27,198

POOL B
150,000 715
2,700 Shares plus 57
out of 715 to receive
additional 100 Shares 1.81%
200,000 219 2,900 Shares 1.45%
250,000 90 3,100 Shares 1.24%
300,000 66 3,300 Shares 1.10%
350,000 20 3,500 Shares 1.00%
400,000 49 3,700 Shares 0.93%
450,000 38 3,900 Shares 0.87%
500,000 97 4,100 Shares 0.82%
1,000,000 47 6,100 Shares 0.61%
1,500,000 12 8,100 Shares 0.54%
2,000,000 5 10,100 Shares 0.51%
2,500,000 5 12,100 Shares 0.48%
3,000,000 3 14,100 Shares 0.47%
4,000,000 2 18,700 Shares 0.47%
4,680,800 11 21,900 Shares 0.47%
 1,379
Total number of
Pool B successful


--- page 19 ---
applicants: 1,379

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 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 ad dition to any brokerage, AFRC
transaction levy, SFC transaction levy and trading fee payable.

OTHERS / ADDITIONAL INFORMATION

Offer Size Adjustment Option and reallocation

The Offer Size Adjustment Option has been fully exercised by the Company, pursuant to which
the Company is issuing and allotting 14,042,400 additional Offer Shares, representing
approximately 15.0% 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 finall y 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
107,658,400 Offer Shares and the tota l 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 1,673,821,434 Shares.

As a result of the above, the final number of Offer Shares under the Hong Kong Public Offering
is 9,361,600 Shares, representing approximately 8.7% 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 Of fer Shares under the International Offering is adjusted to 98,296,800
Shares, representing approximately 91.3% of the total number of Offer Shares under the Global
Offering (assuming the Over-allotment Option is not exercised).

Allocation of H Shares to existing minority Shareholders and their close associates


--- page 20 ---
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted, a
waiver from strict compliance with the requirements under Rule 10.04 and consent under
Paragraph 1(C)(2) of Appendix F1 to the Listing Rules to permit H Shares in the International
Offering to be placed to certain existing minority Shareholders who (i) hold less than 5% of
the voting rights in the Company prior to the completion of the Global Offering and (ii) are not
and will not become (upon the completion of the Global Offering) core connected persons of
the Company or the close associates of any such core connected person (together, the “Existing
Minority Shareholders”) and/or their close associates, subject to the conditions, among others,
as follows:

(a) each Existing Minority Shareholder to whom the Company may allocate the H Shares
under the International Offering holds less than 5% of the voting rights in the Company
prior to the completion of the Global Offering;

(b) each Existing Minority Shareholder is not, and will not be, a core connected person of the
Company or any close associate of any core connected person immediately prior to or
following the Global Offering; and

(c) none of the Existing Minority Shareholders has the right to appoint any Directors nor have
any other special rights in the Company.

Please refer to the section headed “Waivers and Exemptions  – Allocation of H Shares to
Existing Minority Shareholders and their Close Associates” in the Prospectus for further details
of the waiver and consent.

Each of the Joint Sponsors , the Overall Coordinators  and the Company has provided the
required confir mations as  elaborated in the Prospectus. In particular, as the Company’s A
Shares are listed on the Shenzhen Stock Exchange since May 2015, the Company has a highly
extensive base of existing Shareholders and disclosure of details of allocations to all Exi sting
Minority Shareholders will not be meaningful to investors, the proposed disclosure threshold,
i.e. condition (f) of the waiver and consent which provides that details of the allocation to the
Existing Minority Shareholders holding more than 1% of the  total issued share capital of the
Company immediately prior to the completion of the Global Offering  and/or their close
associates will be disclosed in this announcement, is appropriate. Nonetheless, as no allocation
has been made to any such Existing Minority Shareholders holding more than 1% of the issued
share capital of the Company, no disclosure has been made in this announcement.

All allocation of Offer Shares to the Existing Minority Shareholders are in compliance with all
the conditions under the wavier and consent granted by the Stock Exchange.

Allocation of Offer Shares to Investors Who Will Participate in the Proposed Listing both as
(i) a Cornerstone Investor and (ii) a Placee in the International Offering with consents under
Chapter 4.15 of the Guide for New Listing Applicants


--- page 21 ---
The Company has applied for, and the Stock Exchange has granted, a waiver/consent under
paragraph 18 of Chapter 4.15 of the Guide for New Listing Applicants with respect to possible
allocations to investors who will pa rticipate in the Proposed Listing both as (i) a cornerstone
investor and (ii) a placee in the International Offering  (the “Double-Dipping Participants”),
subject to the following conditions:

(a) the final offering size of the Proposed Listing, excluding any over-allocation, will be of a
total value of at least HK$1 billion;

(b) the Offer Shares allocated to any Double -Dipping Participant who is also an existing
Shareholder (“ Double-Dipping Existing Shareholder Participant ”) and the close
associates of such Double -Dipping Existing Shareholder Participant (as cornerstone
investors and placees  in the International Offering) as permitted under this exemption
(being Morgan Stanley & Co. International plc only)  do not exceed 30% of the total
number of the H Shares offered;

(c) each Director, chief executive and Controlling Shareholder of the Company confirms that
no securities have been allocated to them or their respective close associates under the
exemption as required by paragraph 18(iii) of Chapter 4.15 of the Guide for New Listing
Applicants;

(d) allocation to the Double-Dipping Participants and/or their respective close associates will
not affect the Company’s ability to satisfy the public float requirement; and

(e) details of the allocation to the Double -Dipping Participants and/or their respective close
associates under the exemption will be disclosed in the allotment results 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 investors who will participate in the Proposed
Listing both as (i) a cornerstone investor and (ii) a placee in the International Offering
Cornerstone Investors, please refer to the section headed “Allotment Results Details –
International Offering – Allotees with Waivers/Consents Obtained” in this announcement.

Placing to connected clients with prior consents under paragraph 1C (1) of the Placing
Guidelines

The Company has applied for, and the Stock Exchange has granted, consents under paragraph
1C of the Placing Guidelines to permit allocation to connected clients pursuant to the Placing
Guidelines. The allocation of Offer Shares to such connected clients is in compliance with all
the conditions under the consents granted by the Stock Exchange. Details of the placement to
connected clients (including the cornerstone tranche and placing tranche) are set out below.


--- page 22 ---
No. Connected Distributor
Connected
Client Relationship
Whether the
Connected
Client will hold
the beneficial
interests of the
Offer Shares on
a non-
discretionary
basis or
discretionary
basis for
independent
third partis
Number of
Offer Shares
to be
allocated to
the connected
client
Approximate
percentage
of Offer
Shares (after
taking into
account the
full exercise
of the Offer
Size
Adjustment
Option and
assuming no
exercise of
the Over-
allotment
Option)
Approximate
percentage
of total
issued share
capital after
the Global
Offering
(after taking
into account
the full
exercise of
the Offer
Size
Adjustment
Option and
assuming no
exercise of
the Over-
allotment
Option)
1.  Huatai Financial Holdings
(Hong Kong) Limited
(“HTFH”)
HTCI Note 1 HTFH and HTCI are members of the
same group.
Non-discretionary
basis
1,300,000 1.21% 0.08%
2.  CLSA Limited (“CLSA”) CITIC AM Note 2 CITIC Asset Management is a member
of the same group of companies as
CLSA.
Discretionary
basis
34,000 0.03% 0.00%*


--- page 23 ---
3.  CLSA CITIC AM HK
Note 3
CITIC Asset Management HK is a
member of the same group of
companies as CLSA.
Discretionary
basis
34,000 0.03%  0.00%*
4.  CLSA CSI Note 4 CSI is a member of the same group of
companies as CLSA.
Non-
discretionary
basis
8,500 0.01%  0.00%*
5.  CMB International Capital
Limited, CMB International
Securities Limited and CMB
International Global Markets
Limited (“CMBI Connected
Distributors”)
Bosera AM Note 5  Bosera AM is a member of the same
group of companies as CMBI Connected
Distributors.
Discretionary
basis
68,000 0.06% 0.00%*
6.  HTFH China Southern
Note 6
China Southern is a member of the
same group of companies as HTFH.
Discretionary
basis
930,000 0.86% 0.06%
7.  Nomura Singapore Limited Nomura Asset
Management
Taiwan Ltd.
(“Nomura
AM”)
Nomura AM is a member of the same
group of companies  as Nomura
Singapore Limited
Discretionary
basis
300,000 0.28% 0.02%

Notes:

* percentage less than 0.01%

(1) HTCI


--- page 24 ---
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 place es 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, Huatai Capital Investment Limited (“ HTCI”) to set out the principal terms of any future total return swap
between Huatai Securities and HTCI.

HTFH is the Joint Global Coordinator, Joint Bookrunner, Joint Lead Manager and Capital Market Intermediary 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 beneficial interest of 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, subject to customary fees and commissions, pass
the full economic exposure of the Offer Shares ultimately to the Huatai Ultimate Clients, which in effect, HTCI will hold the beneficial interest of the Offer Shares on behalf o f
the Huatai Ultimate Clients. HTFH and HTCI are indirectly wholly-owned subsidiaries of Huatai Securities. 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, through their investment manager, 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.

To the best of our knowledge and after making all reasonable enquiries, each of the Huatai Ultimate Clients is an independent  third party of (i) the Company, the connected
person or the associates thereof, and (ii) HTCI, HTFH and the companies which are members of the same group of HTCI.

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.


--- page 25 ---
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, subject to customary fees and
commissions, all economic returns of the Offer Shares will be ultimately passed to the Huatai Ultimate Clients through the Back -to-back TRS and the Client TRS and all
economic loss shall be ultimately borne by the Huatai Ultimate Clients. HTCI will not take any economic return or bear any economic loss in relation to t he 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 thro ugh the excha nge 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 shoul d be on or after
the date on which the Offer Shares are listed on the Stock Exchange at their own discretion. Upon the termi nation 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 rece ive a final settlement amount in cash in
accordance with the ter ms and conditions of the Back -to-back TRS and the Client 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 exten d 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 issu ance 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. HTCI will not exercise the voting right of the Offer
Shares during the tenor of the Back-to-back TRS.

The Huatai Ultimate Clients are certain domestic private funds (each being an Independent Third Party) managed by Shanghai Greenwoods Asset Manag ement Co., Ltd. (上
海景林资产管理有限公司), namely (i) Greenwoods Harvest Fund No.2 ( 景林丰收 2 号基金), (ii) Greenwoods Harvest Fund No.3 ( 景林丰收 3 号基金), (iii) Greenwoods
Harvest No. 1 Private Securities Investment Fund ( 景林丰收 6 号私募证券投资基金) and (iv) Greenwoods Jingtai Harvest Private Equity Investment Fund ( 景林景泰丰收
私募证券投资基金 ), of which no single ultimate beneficial owner holds 30% or more interest therein. The ulti mate beneficial owner of Shanghai Greenwoods Asset
Management Co., Ltd. is Jiang Jinzhi ( 蒋锦志). Each of the ultimate clients listed in (i) to (iv) above is entitled to economic returns of 42,200,  716,700, 56,200 and 484,900
Offer Shares, respectively.


--- page 26 ---
(2) CITIC Asset Management

CITIC Asset Management will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of its underlying clients, namely (i) CITIC
SECURITIES COMP ANY LIMITED-XINHANG ZHIYUAN NO.1 ( 中信證券信航致遠 1 號集合資産管理計劃); (ii) CITIC SECURITIES COMP ANY LIMITED-XINHANG
ZHIYUAN NO.3 ( 中信證券信航致遠 3 號集合資産管理計劃); and (iii) CITIC Securities AM-Guibinfengyuan No.118 QDII ( 中信證券資管貴賓豐元 118 號 QDII 集合資
産管理計劃), none of which has an ultimate beneficial owner holding 30% or more interest t herein and each of which is, to the best  knowledge of CITIC Asset Management,
an independent third party of the Company, the connected person or the associates thereof, CITIC Asset Management, CLSA and the companies which are members of the same
group of CLSA. CITIC Asset Management will hold 7,000, 16,200 and 10,800 Offer Shares on behalf of each of the ultimate clients listed in (i) to (iii) above, respectively.

The ultimate beneficial owner of CITIC Asset Management is CITIC Securities Company Limited (中信證券股份有限公司, 6030.HK).

(3) CITIC Asset Management HK

CITIC Asset Management  HK will hold the Offer Shares in its capacity as the discretionary fund manager managing the fund on behalf of its underlying client, namely
CDNETWORKS HOLDINGS SINGAPORE PTE, LTD., of which the ultimate beneficial owner holding 30% or more interest therein is Wangsu Science & Technology Co., Ltd.
(300017.SZ), and of which is, to the best knowledge of CITIC Asset Management HK, an independent third party of the Company, the connected person or the associates thereof,
CITIC Asset Management HK, CLSA and the companies which are members of the same group of CLSA.

The ultimate beneficial owner of CITIC Asset Management HK is CITIC Securities Company Limited (中信證券股份有限公司, 6030.HK).

(4) CSI

CSI and CITIC Securities Company Limited will enter into a series of cross border OTC swap transactions (“OTC Swaps”) with Black Crystal Capital Management Co., Ltd.
(黑晶資本管理有限公司), of which the ultimate beneficial owners holding 30% or more interest therein are Li Chuxin (李出新) and Shao Yukai (邵宇開), pursuant to which
CSI will hold the Offer Shares to be subscribed for and on behalf of Black Crystal Capital Management Co., Ltd. on a  non-discretionary basis to hedge the OTC Swaps while
the economic risks and returns of the underlying Offer Shares are passed to the ultimate c lients, subject to  customary fees and commissions. CSI will not take part in any
economic returns or bear any economic losses in relation to the Offer Shares. The OTC Swaps will be fully funded by Black Crystal Capital Management Co., Ltd.

The ultimate beneficial owner of CSI is CITIC Securities Company Limited (中信證券股份有限公司, 6030.HK).


--- page 27 ---
(5) Bosera AM

Bosera AM will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of its underlying clients, namely (i) Bosera Global Select
Equity Fund SP , of which the ultimate beneficial owner holding 30% or more therein is Zhang Lei (张雷); and (ii) Bosera Hong Kong Equity Plus Fund, of which there is no
ultimate beneficial owner holding 30% or more interest therein, and each of which is, to the best knowledge of Bosera AM, an independent third party of the Company, the
connected person or the associates thereof, Bosera AM, CMBI Connected Distributors and the companies which are members of the same group of CMBI. Bosera AM will hold
3,900 and 64,100 Offer Shares on behalf of each of the ultimate clients listed in (i) to (ii) above, respectively.

The ultimate beneficial owner of Bosera AM is China Merchants Group.

(6) China Southern

China Southern will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of its underlying c lients, namely (i) China Southern
Hong Kong Growth Dynamic Allocation Hybrid Fund (南方香港成长灵活配置混合), (ii) China Southern Hong Kong Digital Economy Hybrid Initiating Fund (QDII) (南方
港股数字经济混合发起(QDII)), (iii) China Southern China New Economy 9 -Month Holding Period Hybrid Fund (QDII) ( 南方中国新兴经济 9 个月持有期混合(QDII)),
(iv) China Southern Hong Kong Select Equity Fund (南方香港 LOF) and (v) China Southern Global Dynamic Allocation Fund (南方全球精选配置股票(QDII-FOF)), each
of which there is no ultimate beneficial owner holding 30% or more interest therein, and each of which is, to the best knowledge of China Southern, an independent third party
of the Company, the connected person or the associates thereof, China Southern, HTFH and the companies which are members of the same group of HTFH. China Southern
will hold 431,800, 23,300, 265,700, 159,400 and 49,800 Offer Shares on behalf of each of the ultimate clients liste d in (i) to (v) above, respectively.

The ultimate beneficial owner of China Southern is Huatai Securities.

(7) Nomura AM

Nomura AM will hold the Offer Shares in its capacity as the discretionary fund manager managing the fund on behalf of its underlying cl ient, namely GSAM Greater China
Equity Fund, of which there is no ultimate beneficial owner holding 30% or more interest therein, and of which is, to the best knowledge of Nomura AM, an independent third
party of the Company, the connected person or the associates thereof, Nomura AM, Nomura Singapore Limited and the companies which are members of the same group of
Nomura Singapore Limited.


--- page 28 ---
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
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 St ates 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 February 3, 2026  issued by WUXI
LEAD INTELLIGENT EQUIPMENT CO., LTD. for detailed information about the Global
Offering described below before deciding whether or not to invest in the H Shares thereby
being offered.
*Potential investors of the Offer Shares should note that the Joint Sponsors and 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 – Hong Kong Public Offering – Hong Kong Underwriting
Agreement – Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m.
(Hong Kong time) on the Listing Da te (which is currently expected to be on February 11,
2026).


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PUBLIC FLOAT

Immediately after the completion of the Global Offering (after taking into account the full
exercise of the Offer Size Adjustment Option and before any exercise of the Over -allotment
Option), the total market value of the H Shares to be held by the public is expected to be above
HK$4,930.8 million, calculated based on the final Offer Price of HK $45.80, which is higher
than the prescribed expected market value of H Shares required to be held in public hands of
not less than HK$3,000,000,000 under Rule 19A.13A(2)(b) of the Listing Rules, thereby
satisfying Rule 19A.13A of the Listing Rules.

Each of the Cornerstone Investors has agreed to a lock -up period of six months following the
Listing Date. As such, H Shares held by the Cornerstone Investors upon the Listing shall not
be counted towards the free float of the H Shares of the Company at the time of Listing. Based
on the final Offer Price of HK$ 45.80 per H Share, the Company satisfies the free float
requirement under Rule 19A.13C(1)(b) of the Listing Rules.

The Directors confirm that, immediately following the completion of the Global Offering (after
taking into account the full exercise of the Offer Size Adjustment Option and before 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 immediately after the Global Offering;
(iii) the three largest public shareholders of the Company do not hold more than 50% of the H
shares in public hands at the time of the Listing in compliance with Rules 8.08(3) and 8.24 of
the Listing Rules; and (iv) there will be at least 300 Shareholders at the time of the Listing in
compliance with Rule 8.08(2) of the Listing Rules.

COMMENCEMENT OF DEALINGS

The H Share certificates will only become valid evidence of title at 8:00 a.m. on Wednesday,
February 11, 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 – 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 Wednesday,
February 11, 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 Wednesday, February 11, 2026 (Hong Kong time).
The H Shares will be traded in board lots of 100 H Shares each, and the stock code of the H
Shares will be 0470.

By order of the Board
Wuxi Lead Intelligent Equipment Co., Ltd.


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Mr. Wang Yanqing
Chairman of the Board, Executive Director and
Chief Executive Officer

Hong Kong, February 10, 2026
As at the date of this announcement, the Board comprises: (i) Mr. Wang Yanqing, Mr.
Wang Jianxin, Mr. You Zhiliang and Mr. Wang Lei as executive directors; and (ii) Ms.
Zhang Mingyan,  Mr. Dai Jianjun and Ms. Wong Sze Wing as independent non -executive
directors.