Sanhua Intelligent Control (02050.HK): Stable pricing period ends, over-allotment option exercised by several banks.

Financial News from Wisdom Finance APP, Sanhua Intelligent Control (02050.HK) announced that the oversubscription rights as stated in the prospectus have all been exercised by the overall coordinator (representing itself and the international underwriters) on July 18, 2025 (Friday), involving a total of 62,156,900 H shares, accounting for approximately 15.0% of the total number of shares available for subscription under the global offering (including the exercise of the over-allotment option before the exercise of any oversubscription rights). The oversubscribed shares will be distributed and issued by the company at a price of HK$22.53 per H share, and the net proceeds received by the company from the issuance of oversubscribed shares will be approximately HK$1.39 billion.