Shanghai Zhida Technology (2650) Announces End of Stabilisation Period and Lapse of Over-Allotment Option
Bulletin Express
Nov 05
Shanghai Zhida Technology Development Co., Ltd. (Stock Code: 2650) announced that the stabilisation period for its Global Offering ended on November 5, 2025, which was the 30th day after the final date for applications under the Hong Kong Public Offering.
Since there was no over-allotment of H Shares under the International Offering, the Overall Coordinator did not exercise the Over-allotment Option, resulting in no additional H Shares issued. The Over-allotment Option therefore lapsed on November 5, 2025.
According to the company, it continues to comply with the public float requirement under Rule 19A.13A(1) of the Listing Rules, maintaining at least 25% of its total issued shares (excluding treasury shares) in public hands.
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