AXERA (00600) announced that on Saturday, March 7, 2026, the over-allotment option described in the prospectus was partially exercised by the global coordinator (for itself and on behalf of the international underwriters). This involves a total of 1,176,100 H shares (Over-Allotment Shares), representing approximately 1.12% of the total number of shares offered under the global offering prior to any exercise of the over-allotment option. The company will issue and allot the Over-Allotment Shares at the offer price of HKD 28.20 per H share under the global offering, following the partial exercise of the over-allotment option. The Over-Allotment Shares will be used to facilitate the delivery of a portion of H shares to placees who have agreed to defer the delivery of their respective H shares subscribed for under the global offering. In accordance with Rule 9(2) of the Securities and Futures (Price Stabilization) Rules (Cap. 571W), the company announces that the stabilization period for the global offering ended on Saturday, March 7, 2026, being the 30th day after the deadline for submitting applications under the Hong Kong public offering. Further details regarding the stabilizing actions conducted during the stabilization period by the stabilization manager, China International Capital Corporation Hong Kong Securities Limited, or its affiliates, or any person acting for it, are set out in this announcement.