广和通：稳定价格行动、稳定价格期结束及超额配股权失效

Core Viewpoint - Guanghe Tong (300638) announced the end of the stabilization period for its global offering on November 16, 2025, in accordance with Hong Kong law [1] Group 1: 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 option [1] - The stabilization agent 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 representing about 15% of the total shares initially available for subscription before the over-allotment option [1] - The last purchase made by the stabilization agent during the stabilization period occurred on November 14, 2025, at a price of HKD 20.34 per share [1] Group 2: Over-allotment Option - The sponsor and overall coordinator did not exercise the over-allotment option during the stabilization period, and the over-allotment option will expire on November 16, 2025 [1] - As a result, there will be no issuance of H-shares under the over-allotment option [1]