Core Viewpoint - The stabilization period for the global offering of Botai Che Lian (02889.HK) ended on October 25, 2025, with no over-allotment exercised during this period [1] Summary by Relevant Sections - **Global Offering Announcement** - The stabilization period for the global offering concluded on October 25, 2025 [1] - The announcement referenced a prior notice dated September 29, 2025 [1] - **Over-allotment and Stabilization Actions** - There was no over-allotment of shares under the international offering, and thus the over-allotment option was not exercised [1] - The over-allotment option has expired post-listing [1] - The stabilization agent informed the company that no stabilization actions were taken during the stabilization period [1]

Group 1 - The core point of the news is that Botai Che Lian (02889) will be listed in Hong Kong on September 30, with a significant increase in its trading price compared to the initial offering price [1] - The dark trading price is reported at HKD 133, which represents a 30.1% increase from the offering price of HKD 102.23 [1][3] - Each trading unit consists of 20 shares, resulting in a profit of HKD 615.4 per unit, excluding transaction fees [1]