Core Viewpoint - The company, 明略科技-W (02718), has successfully exercised its over-allotment option, resulting in the issuance of 1,082,800 Class A shares, which represents approximately 15% of the total shares initially available for subscription prior to the exercise of the over-allotment option [1] Group 1 - The over-allotment shares will be issued at a price of HKD 141.00 per share [1] - The over-allotment shares are intended to facilitate the delivery of shares to cornerstone investors who have agreed to delay the delivery of their subscribed shares under the global offering [1] - The stabilization period for the global offering ended on November 27, 2025, which is 30 days after the submission deadline for the Hong Kong public offering application [1]

Core Viewpoint - The company, 找钢集团-W (06676.HK), announced a decision by its board to exercise a buyback authorization, intending to repurchase up to approximately 107 million A shares at a maximum price of HKD 10 per share in the open market, depending on trading restrictions under listing rules [1] Summary by Relevant Sections - **Buyback Authorization**: The board resolved to utilize existing internal financial resources for the buyback, adhering to organizational bylaws, listing rules, and applicable laws [1] - **Conditions of Buyback**: The company will not exercise the buyback authorization if it significantly adversely affects the company's operational funding needs or capital debt levels [1]