Longsys Electronics: Global Offering Stabilization Period Ends, Over-Allotment Option Lapses

date
04/10/2026
Shenzhen Longsys Electronics Co., Ltd. announced that the stabilization period for the company's global offering ended on October 3, 2026. During the stabilization period, an affiliate of the stabilizing manager CITIC CLSA Securities Limited over-allocated 4,498,400 H shares, representing approximately 15% of the total number of shares in the global offering; during the same period, it purchased a total of 4,498,400 H shares in the market at prices ranging from HK$231.40 to HK$236.00 per share, with the last purchase made on September 9, 2026 at HK$234.80 per share. The sponsor and overall coordinator did not exercise the over-allotment option, which lapsed on October 3, 2026, and the company will not issue any H shares pursuant thereto. Following the end of the stabilization period, the company continues to meet the public float requirement.