PATEO CONNECT Technology (Shanghai) Corporation (Stock Code: 2889) issued an announcement stating that the stabilization period in connection with its Global Offering concluded on October 25, 2025. According to the company, there was no over-allocation of shares under the International Offering, and the Over-allotment Option was not exercised, thereby lapsing upon listing.

The announcement additionally confirmed that no stabilizing actions were conducted by the Stabilizing Manager or any person acting on its behalf during the relevant period. PATEO CONNECT also noted that it meets and will continue to meet the public float requirements under Rule 19A.13A of the Listing Rules, with at least 15% of its total issued H Shares held by the public.