Bama Tea Co., Ltd. (stock code: 6980) disclosed the final details of its global offering, setting an offer price of HK$50.00 per H share. The offering consists of 9,000,000 H shares in total.

Among these, 900,000 H shares (10% of the global offering) were allocated to the Hong Kong Public Offering. According to the announcement, there were 168,027 valid applications in Hong Kong, 8,420 of which were successful, representing an oversubscription rate of approximately 2,680 times. The remaining 8,100,000 H shares (90% of the total) were allocated to the International Offering.

Gross proceeds reached HK$450.00 million, while net proceeds came to about HK$389.89 million. The company is expected to commence trading on the Stock Exchange of Hong Kong on October 28, 2025, in board lots of 100 shares each.

Following the completion of the global offering, public shareholders will hold around 46.3% of the total issued H shares of the company. Certain shareholders, including controlling shareholders, pre-IPO investors, and specific existing shareholders, will be subject to lock-up restrictions until October 27, 2026, in accordance with relevant regulatory requirements.