Red Avenue New Materials Group Co., Ltd. (“RA Materials”) has fixed the offer price for its Hong Kong initial public offering at HK$44.00 per H share, exclusive of brokerage (1.0%), SFC transaction levy (0.0027%), Stock Exchange trading fee (0.00565%) and AFRC transaction levy (0.00015%).

RA Materials will publish the subscription statistics and allocation results for both the International Offering and the Hong Kong Public Offering on 28 September 2026. Subject to the Global Offering becoming unconditional by 8:00 a.m. on 29 September 2026, the company’s H shares are scheduled to commence trading on the Main Board of the Hong Kong Stock Exchange at 9:00 a.m. the same day. Shares will trade in board lots of 100 H shares.

The Hong Kong Underwriting Agreement grants the Sole Sponsor and Sponsor-Overall Coordinator the right to terminate their obligations under specific circumstances any time before 8:00 a.m. on the listing date. No stabilizing manager will be appointed, and no stabilization activities are expected.

The company’s board is headed by Chairperson and Executive Director Zhang Ning, supported by a mix of executive, non-executive, and independent non-executive directors.