ZJ InnoLight (Stock Code: 03308) has fully exercised the 15.0% over-allotment option attached to its recent Hong Kong initial public offering, issuing an additional 8.18 million H shares at HK$980.00 each. The transaction will deliver net proceeds of approximately HK$7.94 billion, which the company plans to allocate on a pro-rata basis consistent with the uses detailed in its prospectus.

Following the issuance, the company’s total share capital will rise to 1.18 billion shares. Outstanding H shares will increase from 54.50 million (4.66% of total share capital) to 62.68 million (5.32%), while A-share holdings remain at 1.12 billion shares, now representing 94.68% of the enlarged share base. Trading of the new H shares is scheduled to commence on the Hong Kong Stock Exchange’s Main Board at 9:00 a.m. on 31 August 2026.

The 30-day post-listing stabilization period, managed by Goldman Sachs (Asia) L.L.C., concluded on 26 August 2026. Key actions during this window included: • An initial over-allocation of 8.18 million H shares (15.0% of the base offering); • Market purchases of 3.25 million shares between HK$880.50 and HK$971.00; • Subsequent disposals of an equivalent 3.25 million shares in the HK$987.00–HK$1,319.00 range; • Final exercise of the entire over-allotment option at HK$980.00 per share to meet delayed delivery commitments.

Post-transaction, ZJ InnoLight confirms compliance with Hong Kong Listing Rule 19A.28B(2)(a), maintaining a public float of H shares exceeding the required HK$1 billion market value.