LONGCHEER (09611) has announced the conclusion of the price stabilization period for its global offering on Wednesday, February 18, 2026, which was the 30th day after the deadline for Hong Kong public offering applications.

The stabilizing agent, its affiliates, or any persons acting on their behalf undertook the following stabilizing actions during the period: (1) Over-allocated a total of 7.84 million H shares in the international offering, representing approximately 15% of the total number of shares initially offered under the global offering, excluding any exercise of the over-allotment option. (2) Conducted a series of market purchases totaling 7.84 million H shares during the stabilization period, equivalent to approximately 15% of the initial offering size under the global offering, excluding any over-allotment option exercise. The purchases were made at prices ranging from HKD 29.70 to HKD 31.00 per H share, excluding 1% brokerage commission, 0.0027% SFC transaction levy, 0.00565% SEHK trading fee, and 0.00015% FSTB transaction levy.

The final market purchase by the stabilizing agent, its affiliates, or any persons acting on their behalf occurred on Thursday, February 5, 2026, at a price of HKD 30.00 per H share, excluding the aforementioned fees and levies.

The overall coordinator, for itself and on behalf of the international underwriters, did not exercise the over-allotment option during the stabilization period. The over-allotment option lapsed on Wednesday, February 18, 2026. Consequently, the company has not and will not issue any H shares pursuant to the over-allotment option.