hk-ipo/data/extracted_text/00501/allotment_results_2026-01-09_2026010901581.txt

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Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”, or 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 herein, capitalized terms used in this announcement shall have the same meanings as those defined
in the prospectus dated December 31, 2025 (the “ Prospectus ”) of OmniVision Integrated Circuits Group, Inc.  (ණϓཥ
༩(ණྠ)ʮ̡) (the “ Company”). This announcement is made by the order of the board (the “ Board”) of directors
(the “ Directors”) of the Company. The Board collectively and individually accept responsibility for the accuracy of this
announcement.
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 Offer Shares.
Any investment decision in relation to the Offer Shares should be taken solely in reliance on the information provided in the
Prospectus.
This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States (including
its territories and possessions, any state of the United States and the District of Columbia or any other jurisdiction where such
distribution is prohibited by laws). 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 the registration requirements of the U.S. Securities Act
and in compliance with any applicable state securities laws, or outside the United States unless in compliance with Regulation S
under the U.S. Securities Act. There will be no public offer of securities in the United States.
In connection with the Global Offering, China International Capital Corporation Hong Kong Securities Limited as stabilizing
manager (the “ Stabilizing Manager ”) (or its affiliates or any person acting for it), on behalf of the Underwriters, to 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 H 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 Stabilizing Manager (or its affiliates or any person acting for it) and in what
the Stabilizing Manager reasonably regards as the best interest of the Company, (b) may be discontinued at any time and (c) is
required to be brought to an end within 30 days of the last day for lodging applications under the Hong Kong Public Offering
(which is Friday, February 6, 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 (which is Friday, February 6, 2026). 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 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 the Hong Kong Underwriting Agreement with immediate
effect upon the occurrence of any of the events set out in the section headed “Underwriting — Underwriting Arrangements and
Expenses — Hong Kong Public Offering — Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m. on the
Listing Date.


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OmniVision Integrated Circuits Group, Inc.
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
: 45,800,000 H Shares (subject to the Over-
allotment Option)
Number of Hong Kong Offer Shares : 4,580,000 H Shares
Number of International Offer Shares : 41,220,000 H Shares (subject to the Over-
allotment Option)
Final Offer Price : HK$104.80 per H Share, plus brokerage
of 1%, SFC transaction levy of 0.0027%,
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 : RMB1.0 per H Share
Stock code : 0501
Joint Sponsors, Overall Coordinators, Joint Global Coordinators,
Joint Bookrunners and Joint Lead Managers
UBS CICC PASCHK GF Securities
Overall Coordinators, Joint Global Coordinators, Joint Bookrunners and
Joint Lead Managers
Haitong International  CITIC Securities
Joint Lead Manager
TMS


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OmniVision Integrated Circuits Group, Inc.
ණϓཥ༩ ( ණྠ )ʮ̡
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 December 31, 2025 (the “ Prospectus ”) issued
by OmniVision Integrated Circuits Group, Inc. (ʮ̡ ) (the
“Company”).
Warning: In view of high concentration of shareholding in a small number of H
Shareholders, H Shareholders and prospective investors should be aware that the price of
the H Shares could move substantially even with a small number of H Shares traded and
should exercise extreme caution when dealing in the H Shares.
SUMMARY
Company information
Stock code 0501
Stock short name OMNIVISION
Dealings commencement date January 12, 2026*
* see note at the end of the announcement
Price Information
Final Offer Price HK$104.8
Offer Shares and Share Capital
Number of Offer Shares 45,800,000
Number of Offer Shares in Hong Kong Public Offering 4,580,000
Number of Offer Shares in International Offering (before exercise
of the Over-allotment Option)
41,220,000
Number of issued Shares upon Listing (before exercise of the
Over-allotment Option)
(1)
1,255,474,412
Note:
(1) The number of issued Shares upon Listing includes 3,921,163 repurchased A Shares which
are held by the Company as treasury Shares


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Over-allocation
Number of Offer Shares over-allocated 6,870,000
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 HK$4,799.8 million
Less: Estimated listing expenses payable based on Final
Offer Price
HK$106.7 million
Net proceeds HK$4,693.2 million
Note: (1) 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 net proceeds from the
exercise of the Over-allotment Option (if any) for the purposes as set out in the section headed
“Future Plans and Use of Proceeds” of the Prospectus on a pro rata basis.
ALLOTMENT RESULTS DETAILS
HONG KONG PUBLIC OFFERING
Number of valid applications 14,551
Number of successful applications 14,551
Subscription level 9.28 times
Claw-back triggered N/A
Number of Offer Shares initially available under the Hong Kong
Public Offering
4,580,000
Final number of Offer Shares under the Hong Kong Public
Offering
4,580,000
% of final number of Offer Shares under the Hong Kong Public
Offering to the Global Offering
10%
Note: For details of the final allocation of shares to the Hong Kong Public Offering, investors
can refer to https://www.hkeipo.hk/iporesult to perform a search by identification number or
https://www.hkeipo.hk/iporesult for the full list of allottees.


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INTERNATIONAL OFFERING
Number of placees 127
Subscription level 9.73 times
Number of Offer Shares initially available under the
International Offering
41,220,000
Final number of Offer Shares under the International Offering 41,220,000
% of final number of Offer Shares under the International
Offering to the Global Offering
90%
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(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 Minority Shareholders and/or their close associates, and (b) a consent under
paragraph 18 of Chapter 4.15 of the Guide for New Listing Applicants to permit the Company
to, among other things, allocate further H Shares in the International Offering to certain existing
Shareholders and/or their close associates 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 its Directors, chief executive, 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 its Directors, chief executive, substantial Shareholders,
Controlling 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.


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The placees in the International Offering include the following:
Cornerstone Investors
Investor
No. of Offer
Shares
allocated
Approximate
% of total
issued H
Shares after
the Global
Offering
(1) (2)
Approximate
% of total
issued share
capital after
the Global
Offering
(2) (3)
Existing
Shareholders
or their close
associates
Wildlife Willow Limited
(“Wildlife”)
(4)
5,196,600 11.35% 0.41% No
UBS Asset Management
(Singapore) Ltd. (“ UBS AM
Singapore”)
(4)
2,969,500 6.48% 0.24% Yes
Formosa Opportunity Limited
(“FOL”)
(4)
2,500,000 5.46% 0.20% Yes
Huaqin Telecom Hong Kong
Limited
2,227,100 4.86% 0.18% No
SKY ROYAL TRADING
LIMITED (“ Sky Royal ”)
(4)
1,908,300 4.17% 0.15% No
Pudong Science and Technology
(Cayman) Co., Ltd. (“ PST”)
(4)
1,855,900 4.05% 0.15% No
JSC International Investment Fund
SPC (acting for and on behalf of
Yongxin I SP)
1,484,700 3.24% 0.12% No
Ghisallo Fund Master Ltd
(“Ghisallo”)
(4)
1,113,500 2.43% 0.09% No
Dajia Life Insurance Co., Ltd.
(“Dajia Life ”)
(4)
742,300 1.62% 0.06% Yes
PSBC Wealth Management Co.,
Ltd. (“PSBC Wealth ”) (through
GF Securities Asset Management
(Guangdong) Co., Ltd (“ GF
Securities AM ”) as the qualified
domestic institutional investor)
(4)
742,300 1.62% 0.06% No
Total 20,740,200 45.28% 1.65%


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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) Assuming the Over-allotment Option is not exercised.
(3) The total issued share capital after the Global Offering includes 3,921,163 A Shares being
held as treasury Shares as of the date of this announcement.
(4) In addition to the Offer Shares subscribed for as Cornerstone Investors, Wildlife, UBS
AM Singapore, FOL, Sky Royal, PST, Ghisallo, Dajia Life and PSBC Wealth (through
GF Securities AM as the qualified domestic institutional investor), were allocated further
Offer Shares as placees in the International Offering. Please refer to the section headed
“Allotment Results Details — International Offering — Allottees 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.


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Allottees with waivers/consents obtained
Investor
No. of Offer
Shares
allocated
Approximate
% of total
issued H
Shares after
the Global
Offering
(1) (2)
Approximate
% of total
issued share
capital after
the Global
Offering
(2) (3)
Relationship
Allottees 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 holding more than 1% of the issued share capital of the Company immediately prior to the
completion of the Global Offering and/or their close associates
(4)
Nil Nil Nil Nil Nil
Allottees with consent under paragraph 18 of Chapter 4.15 of the Guide for New Listing Applicants in
relation to allocations of further H Shares to Cornerstone Investors
(5)
Wildlife 2,128,000 4.65% 0.17% Same entity as the
Cornerstone Investor
UBS AM Singapore 2,128,000 4.65% 0.17% Same entity as the
Cornerstone Investor and an
existing Shareholder
PST 558,000 1.22% 0.04% Same entity as the
Cornerstone Investor
FOL 758,000 1.66% 0.06% Same entity as the
Cornerstone Investor and an
existing Shareholder
Sky Royal 1,880,000 4.10% 0.15% Same entity as the
Cornerstone Investor
Ghisallo 333,800 0.73% 0.03% Same entity as the
Cornerstone Investor
Dajia Life 222,800 0.49% 0.02% Same entity as the
Cornerstone Investor and an
existing Shareholder
PSBC Wealth (through
GF Securities AM as
the qualified domestic
institutional investor)
222,800 0.49% 0.02% Same entity as the
Cornerstone Investor
Allottees 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
(6)


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Investor
No. of Offer
Shares
allocated
Approximate
% of total
issued H
Shares after
the Global
Offering
(1) (2)
Approximate
% of total
issued share
capital after
the Global
Offering
(2) (3)
Relationship
UBS AM Singapore 2,128,000 4.65% 0.17% Connected client as a placee
2,969,500 6.48% 0.24% Connected client as a
Cornerstone Investor
Fullgoal Asset
Management (HK)
Limited
9,700 0.02% 0.00% Connected client as a placee
PSBC Wealth (through
GF Securities AM as
the qualified domestic
institutional investor)
222,800 0.49% 0.02% Connected client as a placee
742,300 1.62% 0.06% Connected client as a
Cornerstone Investor
CITIC Securities Asset
Management (HK)
Limited
74,400 0.16% 0.01% Connected client as a placee
Guotai Junan
Investments (Hong
Kong) Limited
556,700 1.22% 0.04% Connected client as a placee
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) Assuming the Over-allotment Option is not exercised.
(3) The total issued share capital after the Global Offering includes 3,921,163 A Shares being
held as treasury Shares as of the date of this announcement.


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Investor
No. of Offer
Shares
allocated
Approximate
% of total
issued H
Shares after
the Global
Offering
(1) (2)
Approximate
% of total
issued share
capital after
the Global
Offering
(2) (3)
Relationship
(4) Among the Cornerstone Investors, UBS AM Singapore, Formosa Opportunity Limited and
Dajia Life Insurance Co., Ltd. are Existing Minority Shareholders or their close associate,
none of which holds more than 1% of the issued share capital of the Company (including
the treasury Shares) immediately prior to the completion of the Global Offering. The Stock
Exchange has granted a waiver from strict compliance with the requirements under Rule
10.04 of the Listing Rules and consent under Paragraph 1C(2) of the Placing Guidelines
to permit H Shares in the International Offering to be placed to such Existing Minority
Shareholders. Please refer to the section headed “Waivers and Exemptions — Allocation
of H Shares to Existing Minority Shareholders and/or Their Close Associates” of the
Prospectus for details.
The Stock Exchange has 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 (including the treasury Shares) immediately prior to the
completion of the Global Offering will be disclosed in the Prospectus and/or allotment
results announcement.
(5) 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 Offering — Cornerstone Investors” in this announcement. For details of the
consent under paragraph 18 of Chapter 4.15 of the Guide for New Listing Applicants in
relation to allocations of further H Shares to the Cornerstone Investors, please refer to
the section headed “Others/Additional Information — Allocations of Offer Shares to the
Cornerstone Investors with a consent under paragraph 18 of Chapter 4.15 of the Guide for
New Listing Applicants” in this announcement.
(6) 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 sections headed “Others/Additional Information — Placing to connected
clients with a consent under paragraph 1C(1) of the Placing Guidelines” and “Others/
Additional Information — Allocations of Offer Shares to the Cornerstone Investors with a
consent under paragraph 18 of Chapter 4.15 of the Guide for New Listing Applicants” in
this announcement.


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LOCK-UP UNDERTAKINGS
Controlling Shareholders
Name
(6)
Number of
Shares held in
the Company
subject to
lock-up
undertakings
upon Listing
% of
total issued
H Shares after
the Global
Offering
subject to
lock-up
undertakings
upon
Listing
(1)(2)
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon
Listing
(2)
Last day subject
to the lock-up
undertakings
(3)
Mr. YU Renrong 303,472,250 — 24.17% July 11, 2026
(First Six-Month
Period)
(4)
January 11, 2027
(Second Six-Month
Period)
(5)
Shaoxing Weihao Equity
Investment Funds Management
Partnership (Limited Partnership)
74,132,662 — 5.90% July 11, 2026
(First Six-Month
Period)
(4)
January 11, 2027
(Second Six-Month
Period)
(5)
Mr. YU Xiaorong 972,000 — 0.08% July 11, 2026
(First Six-Month
Period)
(4)
January 11, 2027
(Second Six-Month
Period)
(5)


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Name
(6)
Number of
Shares held in
the Company
subject to
lock-up
undertakings
upon Listing
% of
total issued
H Shares after
the Global
Offering
subject to
lock-up
undertakings
upon
Listing
(1)(2)
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon
Listing
(2)
Last day subject
to the lock-up
undertakings
(3)
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) Assuming the Over-allotment Option is not exercised.
(3) In accordance with the applicable Listing Rules, the required lock-up for the first six month
period will end on July 11, 2026 and for the second six-month period will end on January
11, 2027.
(4) Each member of the Controlling Shareholders may dispose of or transfer Shares (which
includes the Convertible Bonds held by Shaoxing Weihao Management and the underlying
Shares that may be converted from such Convertible Bonds in the event of the exercise of its
conversion rights, as applicable) after the indicated date subject to that the any member of
Controlling Shareholders will not cease to be a controlling shareholder (as defined in the
Listing Rules).
(5) The Controlling Shareholders will cease to be prohibited from disposing of or transferring
Shares after the indicated date.
(6) For illustrative purposes only, this subsection lists only those members of the Controlling
Shareholders who hold Shares directly in the Company. Pursuant to Rule 10.07 of the
Listing Rules, each of the Controlling Shareholders (namely, Mr. Yu Renrong, Shaoxing
Weihao Management, Shanghai Qingen, Qingdao Qingen and Mr. Yu Xiaorong) has
undertaken to the Company and the Stock Exchange that, except in connection with the
Global Offering (including the Over-allotment Option), he or it shall, and shall procure
that the relevant registered holders of the Shares in which he or it is beneficially interested
shall, comply with the applicable lock-up requirements. For further details, please refer
to the section headed “Underwriting —  Underwriting Arrangements and Expenses —
Undertakings to the Stock Exchange pursuant to the Listing Rules” in the Prospectus.


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13
Cornerstone Investors
Name
Number of
Shares held in
the Company
subject to
lock-up
undertakings
upon Listing
% of
total issued
H Shares after
the Global
Offering
subject to
lock-up
undertakings
upon
Listing
(1)(2)
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon
Listing
(2)
Last day subject
to the lock-up
undertakings
(3)
Wildlife 5,196,600 11.35% 0.41% July 11, 2026
UBS AM Singapore 2,969,500 6.48% 0.24% July 11, 2026
Formosa Opportunity Limited 2,500,000 5.46% 0.20% July 11, 2026
Huaqin Telecom
 Hong Kong Limited
2,227,100 4.86% 0.18% July 11, 2026
SKY ROYAL TRADING
 LIMITED
1,908,300 4.17% 0.15% July 11, 2026
PST 1,855,900 4.05% 0.15% July 11, 2026
JSC International Investment
 Fund SPC (acting for and
 on behalf of Yongxin I SP)
1,484,700 3.24% 0.12% July 11, 2026
Ghisallo Fund Master Ltd 1,113,500 2.43% 0.09% July 11, 2026
Dajia Life Insurance Co., Ltd. 742,300 1.62% 0.06% July 11, 2026
PSBC Wealth (through GF
 Securities AM as the qualified
 domestic institutional investor)
742,300 1.62% 0.06% July 11, 2026


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Name
Number of
Shares held in
the Company
subject to
lock-up
undertakings
upon Listing
% of
total issued
H Shares after
the Global
Offering
subject to
lock-up
undertakings
upon
Listing
(1)(2)
% of
shareholding
in the
Company
subject to
lock-up
undertakings
upon
Listing
(2)
Last day subject
to the lock-up
undertakings
(3)
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) Assuming the Over-allotment Option is not exercised.
(3) In accordance with the respective cornerstone investment agreements, the required lock-
up periods will end on July 11, 2026. The Cornerstone Investors will cease to be prohibited
from disposing of or transferring the Shares subscribed for pursuant to their respective
cornerstone investment agreements after the indicated date.


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PLACEE CONCENTRATION ANALYSIS
Placees*
Number of
H Shares
allotted
Allotment
as % of
International
Offering
(assuming no
exercise of the
Over-allotment
Option)
Allotment
as % of
International
Offering
(assuming the
Over-allotment
Option is
exercised and
new H Shares
are issued)
Allotment
as % of
total Offer
Shares
(assuming no
exercise of the
Over-allotment
Option)
Allotment
as % of
total Offer
Shares
(assuming the
Over-allotment
Option is
exercised and
new H Shares
are issued)
Number of
H Shares held
upon Listing
% of total
issued share
capital upon
Listing
(assuming no
exercise of the
Over-allotment
Option)
% of total
issued share
capital upon
Listing
(assuming the
Over-allotment
Option is
exercised and
new H Shares
are issued)
Top 1 7,324,600 17.77% 15.23% 15.99% 13.91% 7,324,600 0.58% 0.58%
Top 5 21,882,300 53.09% 45.50% 47.78% 41.55% 21,882,300 1.74% 1.73%
Top 10 32,621,400 79.14% 67.83% 71.23% 61.94% 32,621,400 2.60% 2.58%
Top 25 45,185,000 109.62% 93.96% 98.66% 85.79% 45,185,000 3.60% 3.58%
Note
* Ranking of placees is based on the number of H Shares allotted to the placees.
H SHAREHOLDERS CONCENTRATION ANALYSIS
H
Shareholders*
Number of
H Shares
allotted
Allotment
as % of
International
Offering
(assuming
no exercise
of the
Over-allotment
Option)
Allotment
as % of
International
Offering
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Allotment
as % of
total Offer
Shares
(assuming
no exercise
of the
Over-allotment
Option)
Allotment
as % of
total Offer
Shares
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Number of
H Shares
held upon
Listing
% of
total issued
H Shares
capital upon
Listing
(assuming
no exercise
of the
Over-allotment
Option)
% of
total issued
H Shares
capital upon
Listing
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Number of
Shares
held upon
Listing
Top 1 7,324,600 17.77% 15.23% 15.99% 13.91% 7,324,600 0.58% 0.58% 7,324,600
Top 5 21,882,300 53.09% 45.50% 47.78% 41.55% 21,882,300 1.74% 1.73% 21,882,300
Top 10 32,621,400 79.14% 67.83% 71.23% 61.94% 32,621,400 2.60% 2.58% 32,621,400
Top 25 45,185,000 109.62% 93.96% 98.66% 85.79% 45,185,000 3.60% 3.58% 45,185,000
Note
* Ranking of H Shareholders is based on the number of H Shares held by the Shareholder upon Listing.


--- page 16 ---
16
SHAREHOLDER CONCENTRATION ANALYSIS
Shareholders *
Number of
H Shares
allotted
Allotment
as % of
International
Offering
(assuming
no exercise
of the
Over-allotment
Option)
Allotment
as % of
International
Offering
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Allotment
as % of
total Offer
Shares
(assuming
no exercise
of the
Over-allotment
Option)
Allotment
as % of
total Offer
Shares
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Number of
H Shares
held upon
Listing
Number of
Shares held
upon Listing
% of total
issued share
capital upon
Listing
(assuming
no exercise
of the
Over-allotment
Option)
% of
total issued
share capital
upon Listing
(assuming the
Over-allotment
Option is
exercised
and new
H Shares
are issued)
Top 1 0 0.00% 0.00% 0.00% 0.00% 0 378,576,912 30.15% 29.99%
Top 5 0 0.00% 0.00% 0.00% 0.00% 0 615,684,344 49.04% 48.77%
Top 10 3,258,000 7.90% 6.77% 7.11% 6.19% 3,258,000 671,561,816 53.49% 53.20%
Top 25 19,468,400 47.23% 40.48% 42.51% 36.96% 19,468,400 754,076,473 60.06% 59.74%
Note
* Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.


--- page 17 ---
17
BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING
Subject to the satisfaction of the conditions set out in the Prospectus, 14,551 valid applications
made by the public will be conditionally allocated on the basis set out below:
NO. OF
H SHARES
APPLIED FOR
NO. OF
VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF
THE TOTAL NO.
OF H SHARES
APPLIED FOR
POOL A
100 7,028 100 H Shares 100.00%
200 1,230 100 H Shares plus 246 out of 1,230 applicants to receive an additional
100 H Shares
60.00%
300 728 100 H Shares plus 255 out of 728 applicants to receive an additional
100 H Shares
45.01%
400 1,146 100 H Shares plus 659 out of 1,146 applicants to receive an additional
100 H Shares
39.38%
500 561 100 H Shares plus 392 out of 561 applicants to receive an additional
100 H Shares
33.98%
600 160 100 H Shares plus 129 out of 160 applicants to receive an additional
100 H Shares
30.10%
700 83 100 H Shares plus 75 out of 83 applicants to receive an additional 100
H Shares
27.19%
800 122 100 H Shares plus 120 out of 122 applicants to receive an additional
100 H Shares
24.80%
900 367 200 H Shares 22.22%
1,000 1,120 200 H Shares plus 150 out of 1,120 applicants to receive an additional
100 H Shares
21.34%
1,500 403 200 H Shares plus 177 out of 403 applicants to receive an additional
100 H Shares
16.26%
2,000 288 200 H Shares plus 196 out of 288 applicants to receive an additional
100 H Shares
13.40%
2,500 92 200 H Shares plus 82 out of 92 applicants to receive an additional 100
H Shares
11.57%
3,000 144 300 H Shares 10.00%
3,500 54 300 H Shares plus 12 out of 54 applicants to receive an additional 100
H Shares
9.21%


--- page 18 ---
18
NO. OF
H SHARES
APPLIED FOR
NO. OF
VALID
APPLICATIONS BASIS OF ALLOTMENT/BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF
THE TOTAL NO.
OF H SHARES
APPLIED FOR
4,000 68 300 H Shares plus 25 out of 68 applicants to receive an additional 100
H Shares
8.42%
4,500 39 300 H Shares plus 20 out of 39 applicants to receive an additional 100
H Shares
7.81%
5,000 176 300 H Shares plus 110 out of 176 applicants to receive an additional
100 H Shares
7.25%
6,000 63 300 H Shares plus 54 out of 63 applicants to receive an additional 100
H Shares
6.43%
7,000 38 400 H Shares 5.71%
8,000 32 400 H Shares plus 4 out of 32 applicants to receive an additional 100
H Shares
5.16%
9,000 36 400 H Shares plus 9 out of 36 applicants to receive an additional 100
H Shares
4.72%
10,000 261 400 H Shares plus 105 out of 261 applicants to receive an additional
100 H Shares
4.40%
20,000 89 600 H Shares 3.00%
30,000 51 800 H Shares 2.67%
40,000 44 1,000 H Shares 2.50%
Total 14,423 Total number of Pool A successful applicants: 14,423


--- page 19 ---
19
NUMBER OF
H SHARES
APPLIED FOR
NUMBER OF
VALID
APPLICATIONS BASIS OF ALLOCATION/BALLOT
APPROXIMATE
PERCENTAGE
ALLOTTED OF
THE TOTAL
NUMBER
OF H SHARES
APPLIED FOR
POOL B
50,000 59 4,300 H Shares plus 48 out of 59 applicants to receive an additional
100 H Shares
8.76%
60,000 10 5,200 H Shares plus 4 out of 10 applicants to receive an additional 100
H Shares
8.73%
70,000 4 6,100 H Shares 8.71%
80,000 6 6,900 H Shares plus 3 out of 6 applicants to receive an additional 100
H Shares
8.69%
90,000 3 7,800 H Shares 8.67%
100,000 20 8,600 H Shares plus 12 out of 20 applicants to receive an additional
100 H Shares
8.66%
200,000 8 17,300 H Shares 8.65%
300,000 3 25,900 H Shares 8.63%
400,000 1 34,400 H Shares 8.60%
500,000 4 42,900 H Shares plus 2 out of 4 applicants to receive an additional 100
H Shares
8.59%
600,000 1 51,500 H Shares 8.58%
700,000 2 60,000 H Shares 8.57%
1,000,000 1 85,600 H Shares 8.56%
1,500,000 2 128,100 H Shares 8.54%
2,290,000 4 195,200 H Shares 8.52%
Total 128 Total number of Pool B successful applicants: 128


--- page 20 ---
20
COMPLIANCE WITH LISTING RULES AND GUIDANCE
The Directors confirm that, except for the Listing Rules that have been waived and/or in respect of
which consent has been obtained, the Company has complied with the Listing Rules and guidance
materials in relation to the placing, allotment and listing of the Company’s H Shares.
The Directors confirm that, to the best of their knowledge, the consideration paid by the placees
or the public (as the case may be) directly or indirectly for each Offer Share subscribed for or
purchased by them was the same as the final Offer Price in addition to any brokerage, AFRC
transaction levy, SFC transaction levy and Stock Exchange trading fee payable.
OTHERS/ADDITIONAL INFORMATION
Allocation of H Shares to Existing Minority Shareholders and/or Their Close Associates
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted to the
Company, a waiver from strict compliance with the requirements under Rule 10.04 and consent
under Paragraph 1C(2) of Appendix F1 to the Listing Rules to permit H Shares in the International
Offering to be placed to certain existing minority Shareholders (including holders of our GDRs)
and/or their close associates who will participate only as either cornerstone investors or placees (but
not both) in the International Offering (together, the “ Existing Minority Shareholders ”) on the
conditions that each of them:
(a) together with their close associates, holds less than 5% of the voting rights in our Company
prior to the completion of the Global Offering;
(b) is not and will not become a core connected person of the Company or the close associate of
any such core connected person upon the completion of the Global Offering;
(c) does not have the right to appoint a Director and/or has any other special rights;
(d) allocation to the Existing Minority Shareholders or their close associates will not affect the
Company’s ability to satisfy the public float requirement as prescribed by the Stock Exchange
under Rule 19A.13A(2) of the Listing Rules;
(e) that no preferential treatment is given to the Existing Minority Shareholders or their respective
close associates (other than the assured entitlement for a cornerstone investor); and
(f) details of the allocation to the Existing Minority Shareholders and/or their respective close
associates holding more than 1% of the issued share capital of the Company immediately prior
to the completion of the Global Offering has been disclosed in this announcement.
Please refer to the section headed “Waivers and Exemptions — Allocation of H Shares to Existing
Minority Shareholders and/or Their Close Associates” in the Prospectus for further details of the
waiver and consent.


--- page 21 ---
21
Each of the Joint Sponsors and the Company has provided the required confirmations as elaborated
in the Prospectus. In particular, as the Company’s A Shares are listed on the Shanghai Stock
Exchange since 2017, the Company has a highly extensive base of existing Shareholders and
disclosure of details of allocations to all Existing Minority Shareholders and/or their respective
close associates 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 and/or their respective close associates 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 this announcement, is appropriate.
All allocations of Offer Shares to the Existing Minority Shareholders are in compliance with all the
conditions under the waiver and consent granted by the Stock Exchange.
Allocations of Offer Shares to the Cornerstone Investors with a consent under paragraph 18 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 18
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 certain Cornerstone Investors as placees, subject to the
following conditions (“ Allocation to Size-based Exemption Participants ”):
(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 (whether as cornerstone investors and
as placees) as permitted under this exemption do not exceed 30% of the total number of the H
Shares offered under the Global Offering;
(c) the Allocation to Size-based Exemption Participants will not affect the Company’s ability to
satisfy its public float requirement as prescribed by the Stock Exchange under the waiver from
strict compliance with the requirements of Rule 19A.13A(2) of the Listing Rules;
(d) each of the Directors, chief executive of the Company and the Controlling Shareholders
confirms that no securities have been allocated to them or their respective close associates
under this exemption; and
(e) details of the allocation to Cornerstone Investors under this exemption has been disclosed in
this announcement.


--- page 22 ---
22
Such allocations of Offer Shares are in compliance with all the conditions under the consent granted
by the Stock Exchange.
For details of further allocations of Offer Shares to Cornerstone Investors, please refer to the section
headed “Allotment Results Details — International Offering — Allottees with Waivers/Consents
Obtained” in this announcement.
Placing to connected clients with a consent under paragraph 1C(1) of the Placing Guidelines
The Company has applied to the Stock Exchange for, and the Stock Exchange has granted,
consent under paragraph 1C(1) of the Placing Guidelines to permit UBS AM Singapore and GF
Securities AM (acting as a qualified domestic institutional investor for and on behalf of PSBC
Wealth) to participate in the Global Offering as connected clients to participate in the Global
Offering as Cornerstone Investors. For details of the consent granted, please refer to the section
headed “Allotment Results Details — International Offering — Cornerstone Investors” in this
announcement.
In addition, under the International Offering, certain Offer Shares were placed to connected clients
of their connected distributors pursuant to the Placing Guidelines as placees. Please refer to the
section headed “Allotment Results Details — International Offering — Allottees with Waivers/
Consents Obtained” in this announcement for details. The Company has applied to the Stock
Exchange for, and the Stock Exchange has granted, a consent under paragraph 1C(1) of the Placing
Guidelines to permit the Company to allocate such Offer Shares in the International Offering to
the connected clients as placees. The allocation of Offer Shares to such connected clients is in
compliance with all the conditions under the consent granted by the Stock Exchange. Details of the
placement to connected clients as placees are set out below.


--- page 23 ---
23
No. Connected Client
 (9)
Connected
Distributor(s)
Relationship between
the Connected Client
and the Connected
Distributor(s)
Discretionary
or non-
discretionary
Investment
amount (US$)
Number of H
Shares to be
allocated
Approximate
percentage of
Offer Shares
in the Global
Offering
(1)

Approximate
percentage
of the total
issued share
capital
immediately
following
completion
of the Global
Offering
(1) (2)
Approximate
percentage of
Offer Shares
in the Global
Offering
(3)

Approximate
percentage
of the total
issued share
capital
immediately
following
completion
of the Global
Offering
(2) (3)
1. UBS Asset Management
(Singapore) Ltd. (“ UBS
AM Singapore ”)
(4)
UBS AG Hong
Kong Branch
(“UBS HK”),
UBS AG Singapore
Branch Wealth
Management
(“UBS SG WM ”)
and UBS AG
Hong Kong
Branch Wealth
Management
(“UBS HK WM ”)
UBS AM Singapore is a
member of the same group
of companies as UBS HK,
UBS SG WM and UBS HK
WM.
Discretionary 28,664,722 2,128,000 4.65% 0.17% 4.04% 0.17%
2. Fullgoal Asset
Management (HK) Limited
(“Fullgoal HK”)
(5)
Haitong
International
Securities Company
Limited (“ HTI”)
Fullgoal HK is a member
of the same group of
companies as HTI.
Discretionary 130,662 9,700 0.02% 0.00% 0.02% 0.00%


--- page 24 ---
24
No. Connected Client
 (9)
Connected
Distributor(s)
Relationship between
the Connected Client
and the Connected
Distributor(s)
Discretionary
or non-
discretionary
Investment
amount (US$)
Number of H
Shares to be
allocated
Approximate
percentage of
Offer Shares
in the Global
Offering
(1)

Approximate
percentage
of the total
issued share
capital
immediately
following
completion
of the Global
Offering
(1) (2)
Approximate
percentage of
Offer Shares
in the Global
Offering
(3)

Approximate
percentage
of the total
issued share
capital
immediately
following
completion
of the Global
Offering
(2) (3)
3. GF Securities
Asset Management
(Guangdong) Co., Ltd.
(“GF Securities AM ”,
acting as a qualified
domestic institutional
investor for PSBC Wealth
Management Co., Ltd.
(“PSBC Wealth ”))
(6)
GF Securities
(Hong Kong)
Brokerage Limited
(“GF Securities
(Hong Kong)
Brokerage”)
GF Securities AM is
a member of the same
group of companies as GF
Securities (Hong Kong)
Brokerage.
Non-
discretionary
3,001,175 222,800 0.49% 0.02% 0.42% 0.02%
4. CITIC Securities Asset
Management (HK) Limited
(“CITICS AM”)
(7)
CLSA Limited
(“CLSA”) and
CITIC Securities
Brokerage (HK)
Limited (“ CSB”)
CITICS AM is a member
of the same group of
companies as CLSA and
CSB.
Discretionary 1,002,188 74,400 0.16% 0.01% 0.14% 0.01%
5. Guotai Junan Investments
(Hong Kong) Limited
(“GTJAI”)
(8)
HTI GTJAI is a member of the
same group of companies
as HTI.
Non-
discretionary
7,498,896 556,700 1.22% 0.04% 1.06% 0.04%


--- page 25 ---
25
Notes:
(1) Assuming the Over-allotment Option is not exercised.
(2) Including 3,921,163 A Shares held by the Company in treasury as of the Latest Practicable Date.
(3) Assuming the Over-allotment Option is fully exercised.
(4) UBS AM Singapore will hold the beneficial interests of the Offer Shares on a discretionary basis for and on behalf of the underlying clients, each of whom is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial
shareholders, UBS AM Singapore, UBS HK, UBS HK WM, UBS SG WM and the companies which are members of the same group of UBS HK, UBS HK WM and UBS SG WM.
In addition to the Offer Shares subscribed for as a placee, UBS AM Singapore was allocated 2,969,500 Offer Shares as a Cornerstone Investor in the International Offering. UBS HK is an Overall Coordinator. UBS AM Singapore and UBS HK are members of the
same group of companies. Accordingly, UBS AM Singapore is a connected client. The Company has, therefore, applied for, and the Stock Exchange has granted, a consent under paragraph 1C(1) of Appendix F1 to the Listing Rules to permit UBS AM Singapore
to participate in the Global Offering as a Cornerstone Investor. For details, please refer to the section headed “Waivers and Exemptions — Consent in Respect of the Proposed Subscription of H Shares by a Cornerstone Investor Who is a Connected Client” in the
Prospectus. With the appointment of UBS SG WM and UBS HK WM as additional sub-distributors in the Global Offering, the relationship among UBS AM Singapore, UBS HK, UBS SG WM and UBS HK WM also falls within the scope of the aforementioned waiver.
(5) Fullgoal HK will hold the Offer Shares in its capacity as the discretionary fund manager on behalf of its investors, each of which is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial shareholders, Fullgoal HK,
HTI and the companies which are members of the same group of HTI.
(6) PSBC Wealth has engaged GF Securities AM, an asset manager that is a qualified domestic institutional investor as approved by the relevant PRC authority, to subscribe for and hold such Offer Shares on a non-discretionary basis on behalf of PSBC Wealth, in the
name of: (i) ICBC (ASIA) LTD-PAB-GFAM ZHONGYOU NO. 1 ASSET MANAGEMENT ACCOUNT (QDII) (ഄଫ 1ྌ (QDII)), (ii) ICBC (ASIA) LTD-PAB-GFAM ZHONGYOU NO. 2 ASSET MANAGEMENT ACCOUNT
(QDII) (ഄଫ 2ྌ (QDII)), (iii) GFAM ZHONGYOU NO. 3 ASSET MANAGEMENT ACCOUNT (QDII) (ഄଫ 3ྌ ) , (iv) GFAM ZHONGYOU NO. 4 ASSET MANAGEMENT
ACCOUNT (QDII) (ഄଫ 4ྌ )  and (v) GFAM ZHONGYOU NO. 5 ASSET MANAGEMENT ACCOUNT (QDII) (ഄଫ 5ྌ ) . PSBC Wealth is wholly owned by Postal Savings Bank of
China Co., Ltd. (SEHK: 1658) and is ultimately controlled by China Post Group Corporation Limited.
As confirmed by GF Securities AM, (i) the Offer Shares to be placed to GF Securities AM are to be held on a non-discretionary basis on behalf of independent third parties; and (ii) each of PSBC Wealth and its ultimate beneficial owner is an independent third party
of the Company, its subsidiaries, its Controlling Shareholders, its substantial shareholders, GF Securities AM, GF Securities (Hong Kong) Brokerage and the companies which are members of the same group of companies as GF Securities (Hong Kong) Brokerage.
(7) CITICS AM will hold the Offer Shares in its capacity as the discretionary fund manager managing the funds on behalf of their investors, each of which is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial
shareholders, CITICS AM, CLSA, CSB and the companies which are members of the same group of CLSA and CSB.


--- page 26 ---
26
(8) GTJAI will hold the Offer Shares for hedging purpose as the single underlying asset of a back-to-back total return swap transaction (the “ GTHT Back-to-back TRS ”) to be entered into between GTJAI and Guotai Haitong Securities Co., Ltd. (the “ GTHT Onshore
Parent”) in connection with a total return swap order (the “ GTHT Client TRS ”) to be entered into by GTHT Onshore Parent and its ultimate client (the “ GTHT Onshore Ultimate Client ”). Such GTHT Client TRS is to be fully funded by the GTHT Onshore Ultimate
Client. GTJAI will hold the H Shares on a non-discretionary basis for the purpose of hedging the economic exposure under the GTHT Back-to-back TRS and GTHT Client TRS only, and the economic exposure of the underlying Offer Shares will be passed to the GTHT
Onshore Ultimate Client, subject to the terms and conditions of the GTHT Back-to-back TRS and GTHT Client TRS documents. During the tenor of the GTHT Client TRS, all economic returns of the Offer Shares will be passed to the GTHT Onshore Ultimate Client
and all economic losses shall be borne by the GTHT Onshore Ultimate Client, in accordance with the terms and conditions of the GTHT Back-to-back TRS and GTHT Client TRS documents, and GTJAI will not take part in any economic return or bear any economic
loss in relation to the price of the Offer Shares. The GTHT Onshore Ultimate Client may request to redeem the H Shares at their own discretion, upon which GTJAI shall dispose of the H Shares and settle the GTHT Back-to-back TRS and GTHT Client TRS in cash in
accordance with the terms and conditions of the GTHT Back-to-back TRS and GTHT Client TRS documents. Due to its internal policy, GTJAI will not exercise the voting right attaching to the Offer Shares during the tenor of the GTHT Back-to-back TRS and GTHT
Client TRS documents.
The GTHT Onshore Ultimate Client for purpose of this placing subscription is Ze Tian Ai Pu Xi Long Steady No. 1 Private Securities Investment Fund (ږwhich is managed by Ningbo Ze Tian Investment
Management Partnership (Limited Partnership) (ዣ૴ҳ༟၍ଣΥྫΆุ  (Υྫ)) , a partnership ultimately beneficially owned by Zheng Jiao and Zhang Tuguo. There is no limited partner or shareholder holding a 30% or more interest in the
GTHT Onshore Ultimate Client.
To the best of knowledge of GTJAI and after making all reasonable enquiries, the GTHT Onshore Ultimate Client is an independent third party of the Company, its subsidiaries, its Controlling Shareholders, its substantial shareholders, GTJAI, and the companies which
are members of the same group of GTJAI.
(9) Each of the Connected Client is not a collective investment scheme which is not authorized by the SFC, nor is it holding the Offer Shares on behalf of such schemes.


--- page 27 ---
27
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 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, 2025 issued by the Company
for detailed information about the Global Offering described above 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 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 January 12, 2026).


--- page 28 ---
28
Public Float
Immediately after the completion of the Global Offering (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
approximately HK$4,799.8 million, calculated based on the final Offer Price of HK$104.8, 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(2) 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
Offer Price of HK$104.8 per H Share, the Company confirmed that it complies with the free float
requirement under Rule 19A.13C(2)(b) of the Listing Rules.
The Directors confirm that, immediately following completion of the Global Offering (before any
exercise of the Over-allotment Option): (i) the Shares will be held by at least 300 Shareholders
at the time of Listing, in compliance with Rule 8.08(2) of the Listing Rules; (ii) the three largest
public Shareholders will not hold more than 50% of the H Shares held in public hands at the
time of Listing, in compliance with Rules 8.08(3) and 8.24 of the Listing Rules; (iii) no placee
will, individually, be placed more than 10% of the enlarged issued share capital of the Company
immediately after the Global Offering; and (iv) there will not be any new substantial Shareholder
(as defined in the Listing Rules) immediately after the Global Offering.
Commencement of Dealings
The H Share certificates will only become valid evidence of title at 8:00 a.m. on Monday, January
12, 2026 (Hong Kong time), provided that the Global Offering has become unconditional and the
right of termination described in the section headed “Underwriting — Underwriting Arrangements
and Expenses — Hong Kong Public Offering — Grounds for Termination” in the Prospectus has
not been exercised. Investors who trade the H Shares on the basis of publicly available allocation
details prior to the receipt of H Share certificates or prior to the H Share certificates becoming valid
evidence of title do so entirely at their own risk.


--- page 29 ---
29
Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. on Monday,
January 12, 2026 (Hong Kong time), it is expected that dealings in the H Shares on the Stock
Exchange will commence at 9:00 a.m. on Monday, January 12, 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
0501.
By order of the Board
OmniVision Integrated Circuits Group, Inc.
Mr. YU Renrong
Chairman of the Board and Executive Director
Hong Kong, January 9, 2026
As of the date of this announcement, the Directors of the Company named in the application to which this announcement relates
are: (i) Mr. YU Renrong, Mr. WU Xiaodong, Mr. JIA Yuan and Ms. QIU Huanping as executive Directors; (ii) Mr. LYU Dalong
and Ms. CHEN Yu as non-executive Directors; and (iii) Mr. ZHU Liting, Ms. FAN Mingxi and Mr. MOU Lei as independent
non-executive Directors.