Shenzhen Creality 3D Technology Co., Ltd. (“CREALITY”) has released final allotment results for its Hong Kong initial public offering. Key metrics are as follows:

• Offer structure: 73.43 million H shares offered pre-over-allotment, split 10% Hong Kong Public Offering and 90% International Offering. • Pricing: HK$18.80 per H share, implying an expected post-listing market capitalisation of HK$8.78 billion. • Proceeds: Gross proceeds of HK$1.38 billion; estimated listing expenses of HK$108.12 million; net proceeds of HK$1.27 billion. • Listing date: Dealings are scheduled to start on 29 May 2026 under the stock short name “CREALITY” in board lots of 150 H shares.

Demand indicators

• Hong Kong Public Offering drew 251,375 valid applications and was 3,829.42 times subscribed; 44,336 applicants received shares. • International Offering was 26.80 times subscribed, with 183 placees. • An over-allocation of 11.01 million shares (15.0% of the base offer) has been recorded and may be covered by the 30-day over-allotment option or secondary-market purchases.

Investor base

• Fifteen cornerstone investors took 36.64 million shares, representing 49.90% of the offer and 7.85% of the enlarged share capital. The largest cornerstone, Taikang Life Insurance, subscribed for 8.33 million shares. • Placee concentration is notable: the top five placees account for 52.66% of the International Offering, while the top ten hold 76.53%. • The company highlighted the high concentration risk, cautioning that the share price could be volatile on limited trading volumes.

Free float and lock-ups

• Upon listing (assuming no exercise of the over-allotment option), 131.44 million H shares—28.2% of total issued capital—will be in public hands, exceeding the 15% minimum public-float requirement. • Shares not subject to disposal restrictions at listing amount to 36.79 million, with an estimated market value of HK$691.60 million, above the HK$600 million free-float threshold. • Controlling shareholders hold 322.50 million shares (69.08%) and are locked up until 28 May 2027. Cornerstone investors’ 36.64 million shares are locked until 28 November 2026.

Regulatory compliance

• The Stock Exchange has granted consents for allocations to certain cornerstone investors and connected clients. • The company confirms compliance with Listing Rules on public float, shareholder spread and connected-client placements.

Trading advisory

• Share certificates become valid at 8:00 a.m. on 29 May 2026 provided the offering becomes unconditional and underwriting is not terminated. CREALITY warns investors to exercise caution, citing potential price swings due to concentrated holdings and the finite period for stabilisation activity.