FIBOCOM(SZ:300638) 智通财经网·2025-11-16 11:13Core Viewpoint - The company, Guanghe Tong (00638), announced the end of its stabilization period for global offerings on November 16, 2025, in accordance with Hong Kong laws [1] Summary by Relevant Sections - Stabilization Actions - During the stabilization period, a total of 20.262 million H-shares were over-allocated in the international offering, representing approximately 15% of the total shares initially offered before the exercise of any over-allotment options [1] - The stabilization operator purchased a total of 20.262 million H-shares in the market at prices ranging from HKD 17.30 to HKD 21.50 per share, also accounting for about 15% of the total shares initially available for subscription before the exercise of any over-allotment options [1] - The last purchase made by the stabilization operator during this period occurred on November 14, 2025, at a price of HKD 20.34 per share [1] - Over-allotment Options - The sponsor and overall coordinator did not exercise the over-allotment option during the stabilization period, and this option will expire on November 16, 2025 [1] - As a result, no H-shares will be issued or are expected to be issued under the over-allotment option [1]