Beijing Xunzhong Communication Technology Co., Ltd. 北京訊眾通信技術股份有限公司 Should you have any queries relating to any of the above matters, please call the Share Registrar's telephone hotline at (852) 2980 1333 during business hours from 9:00 a.m. to 6:00 p.m. Monday to Friday, excluding Hong Kong public holidays, or send an email to 2597-ecom@vistra.com. (A joint stock company incorporated in the People's Republic of China with limited liability) ( 於中華人民共和國註冊成立的股份有限公司 ) （Stock Code 股份代號：2597） 27 August 2025 Dear ...

格隆汇8月15日丨讯众通信(02597.HK)宣布，董事会会议将于2025年8月27日（星期三）举行，藉以（其 中包括）考虑及批准本公司及其子公司截至2025年6月30日止六个月未经审核合并中期业绩及其发布， 考虑建议派发中期股息（如有），以及处理任何其他事务。 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 北京訊眾通信技術股份有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02597 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 30,440,000 | RMB | | 1 RMB | | 30,440,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 30,440,000 | RMB | | 1 RMB | | 30,440,000 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類 ...

Group 1 - The global offering's stabilization period ended on August 3, 2025, which is 30 days after the deadline for submitting the public offering application in Hong Kong [1] - There was no over-allotment of H shares in the international offering, leading to the overall coordinator not exercising the over-allotment option [1] - The over-allotment option expired on August 3, 2025, and the company will not issue H shares based on this option [1]

Core Viewpoint - The announcement indicates that the stabilization period for the global offering of Xunzhong Communication (02597) ended on August 3, 2025, with no over-allotment of H-shares during the international offering [1] Group 1 - The stabilization period concluded 30 days after the deadline for submitting the application for the Hong Kong public offering [1] - The overall coordinator did not exercise the over-allotment option due to the absence of excess allocation of H-shares [1] - No stabilization actions were taken during the stabilization period by the stabilization agent or any associated parties [1] Group 2 - The over-allotment option expired on August 3, 2025, meaning the company will not issue H-shares under this option [1]

格隆汇8月4日丨讯众通信(02597.HK)发布公告，有关全球发售的稳定价格期已于2025年8月3日（星期 日）（即递交香港公开发售申请截止日期后第30日）结束。超额配股权于2025年8月3日（星期日）失 效。公司并无且不会根据超额配股权发行H股。 ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「聯交所」）及香港中央結算有限公司 （「香港結算」）對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示 概不就因本公告全部或任何部分內容而產生或因依賴該等內容引致的任何損失承擔任何責任。 除非本公告另有界定，否則本公告所用詞彙與北京訊眾通信技術股份有限公司（「本公司」）發佈 的日期為2025年6月30日的招股章程（「招股章程」）所界定者具有相同涵義。 本公司宣佈，有關全球發售的穩定價格期已於2025年8月3日（星期日）（即遞交香 港公開發售申請截止日期後第30日）結束。 本公告乃根據香港法例第571W章《證券及期貨（穩定價格）規則》第9(2)條作出。本公告僅供參 考，並不構成任何人士收購、購買或認購本公司任何證券的要約或誘使作出要約的邀請。 本公告並非招股章程。潛在投資者於決定是否投資於發售股份前，應細閱招股章程了解下文所 述有關本公司及全球發售的詳細資料。本公告並不構成出售要約或招攬收購的要約，亦不會在 有關要約、招攬或出售將屬違法的任何司法管轄區出售任何發售股份。本公告不會直接或間接 於或向美國（包括美國的領土及屬地、任何州及哥倫比亞特 ...

Summary of Key Points Core Viewpoint - The Hong Kong IPO market is experiencing significant activity, with multiple companies filing for listings and a notable increase in market liquidity and new listings compared to the previous year [14]. Group 1: Company Filings - Three companies submitted applications for IPOs: 1. **Shenzhen Xingyuan Material Technology Co., Ltd.** specializes in lithium-ion battery separators and holds the largest market share in dry-process separators globally, with projected revenues of 2.867 billion, 2.982 billion, 3.506 billion, and 881 million RMB from 2022 to 2025 [2]. 2. **LXJ International Holdings Limited (Laoxiangji)** operates a fast-food chain with 1,564 stores across 55 cities, achieving revenues of approximately 4.528 billion, 5.651 billion, 6.288 billion, and 2.120 billion RMB from 2022 to 2025 [3][4]. 3. **Lianqi Technology Co., Ltd.** is a leading fabless integrated circuit design company, with revenues of approximately 3.672 billion, 2.286 billion, 3.639 billion, and 1.222 billion RMB from 2022 to 2025 [5]. Group 2: IPO Activity - No companies passed the hearing last week, but one company, **Shougang Longze**, is restarting its IPO process, planning to offer 20.1598 million H-shares at a price range of 14.5 to 18.88 HKD per share [6][7]. Group 3: New Listings - Six new stocks were listed last week, including: 1. **Fuwai Group**: Closed at 38.40 HKD with a gain of 1.05% [8]. 2. **Lens Technology**: Closed at 19.84 HKD with a gain of 9.13% [9]. 3. **Dazhong Oral**: Closed at 20.70 HKD with a gain of 3.50% [10]. 4. **Xunzhong Co.**: Closed at 13.58 HKD with a gain of 0.22% [11]. 5. **Jizhi Jia-W**: Closed at 17.70 HKD with a gain of 5.36% [12]. 6. **Fortior**: Closed at 139.80 HKD with a gain of 16.02% [13]. Group 4: Market Trends - The Hong Kong stock market has seen a significant improvement in liquidity, with an average daily trading volume of 240.2 billion HKD in the first half of 2025, a 118% increase from the previous year [14]. - The number of new listings increased to 44 in the first half of 2025, up 47% from the previous year, with total fundraising amounting to 107.1 billion HKD, a 699% increase [14].

Group 1 - The Hong Kong Stock Exchange (HKEX) experienced a significant day with five companies, including Lens Technology and Geek+ Technology, listing simultaneously, marking a vibrant IPO atmosphere [1][3] - The total net proceeds from the global offerings of these five companies reached HKD 98.21 billion, with Lens Technology raising the most at HKD 46.94 billion and Dazhong Oral raising the least at HKD 1.78 billion [3] - As of July 9, 2025, stock price performances showed increases for most companies, with Lens Technology up 9.13%, Geek+ Technology up 16.02%, and Dazhong Oral up 3.50% [3] Group 2 - The IPO market in Hong Kong is witnessing a resurgence, with 44 new listings in the first half of 2025, a 47% increase from the same period last year, and total fundraising amounting to HKD 107.1 billion, a 699% increase year-on-year [5][6] - Notable IPOs include CATL, which raised HKD 35.3 billion, making it the largest IPO globally this year [5] - The trend is expected to continue, with 211 companies currently in the application process, primarily in software services, healthcare, and industrial manufacturing sectors [6] Group 3 - Deloitte China forecasts around 80 new IPOs in Hong Kong for the entire year of 2025, with expected fundraising between HKD 130 billion to HKD 150 billion, focusing on large A-share companies and leading enterprises from various regions [6][8] - The recent IPO boom is attributed to supportive policies initiated since April 2024, aimed at enhancing cross-border capital market connectivity and facilitating overseas financing for companies [8][9] - Regulatory changes have simplified the listing process, allowing companies to expedite their applications and approvals, thus attracting more firms to consider Hong Kong as a viable listing destination [9][10]

Core Viewpoint - Xunzhong Communication Technology Co., Ltd. (讯众通信) was listed on the Hong Kong Stock Exchange, with its share price fluctuating significantly on the first day of trading, indicating market volatility and investor sentiment towards the company [1][4]. Share Issuance and Financials - The total number of shares issued globally was 30,440,000, with 3,044,000 shares available for public offering in Hong Kong and 27,396,000 shares for international offering [2]. - The final offering price was set at 13.55 HKD, raising a total of 412.5 million HKD, with a net amount of 367.5 million HKD after deducting estimated listing expenses of 45 million HKD [4][5]. - The company plans to allocate approximately 45.4% of the net proceeds for continuous improvement and development of services and solutions, 15.6% for expanding sales channels, 16.2% for acquisitions in China, 12.8% for repaying outstanding loans, and 10.0% for working capital and other general corporate purposes [5][6]. Financial Performance - Xunzhong Communication's revenue for 2022, 2023, and 2024 was 810 million RMB, 916 million RMB, and 918 million RMB respectively, with net profits of 74.66 million RMB, 76.58 million RMB, and 50.64 million RMB, indicating a significant profit decline of 33.9% in 2024 [7][8]. - The company experienced net cash outflows from operating activities of 117 million RMB, 56.21 million RMB, and 114 million RMB for the years 2022, 2023, and 2024 respectively [9][10]. Investor Information - The cornerstone investor for Xunzhong Communication is Tongzhou International Development Co., Ltd., which is a wholly-owned subsidiary of Beijing Tongzhou Development Group Co., Ltd. [6].