National Technology (2701) suscripción en Hong Kong en oferta pública 131.83 veces, previsto para cotizar el 23 de marzo

National Technology Co., Ltd. (Stock short name: National Technology; Stock code: 2701) today announced the results of its global offering. The company has ultimately set the offer price at HK$10.80 per share, which is also the maximum offer price for this offering. The total number of shares under the global offering is 95,000,000 H shares, of which 9,500,000 H shares are allocated for the Hong Kong public offering and 85,500,000 H shares are allocated for the international offering, with the unexercised over-allotment option. Based on the final offer price, the total gross proceeds from the global offering are approximately HK$1.03 billion. After deducting the estimated listing expenses payable, the net proceeds are approximately HK$940 million.

In terms of subscription, the Hong Kong public offering section was subscribed 131.83 times, with 56,547 valid applications and 24,399 applications accepted. The international offering section was subscribed 2.51 times over, with 59 placing participants. As the conditions for triggering the clawback mechanism due to the subscription level in the Hong Kong public offering were not met, no reallocation of shares was conducted in this offering. After the clawback, the number of shares allocated to the Hong Kong public offering remains 9,500,000 H shares, representing 10% of the total shares under the global offering; the number of shares allocated to the international offering is 85,500,000 H shares, representing 90% of the total shares under the global offering.

Regarding cornerstone investors, there are 5 cornerstone investors in this global offering, namely Guohua Life Insurance Company Limited, Harvest Oriental II SP, Ms. Dai Wanqin, Mr. An Jiangbo, and EVE Energy Treasury (Hong Kong) Co., Limited. They were allotted 4,629,600 H shares, 3,703,600 H shares, 2,777,600 H shares, 925,800 H shares and 925,800 H shares respectively, for a total allotment of 12,962,400 H shares, representing 13.6% of the total shares under the global offering and 1.91% of the total issued share capital of the company immediately after the global offering. Among them, Guohua Life is the company’s existing shareholder or its close associates.

The sole sponsor of this global offering is CITIC Securities. National Technology’s H shares are expected to commence trading on The Stock Exchange of Hong Kong Limited at 9:00 a.m. (Hong Kong time) on March 23, 2026 (Monday). The board lot size for trading is 200 H shares.

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