Summary by Moomoo AI
Dream Gold Jewelry Group Co., Ltd. announces that the stabilization price period for the Global issuance will end on December 26, 2024. Since there was no over-allocation of Listed in Hong Kong shares in the international offering, the sponsor - overall coordinator did not exercise the over-allotment option, and the stabilization price operator also did not take any stabilization actions. The over-allotment option has expired on the same day, and the company will not issue any additional Listed in Hong Kong shares under this option.The company's Directors confirm that after the stabilization price period ends, the company complies and will continue to comply with the public holding requirement under Listing Rule 8.08(1)(a), which stipulates that at least 25% of the total issued shares must be held by the public. This statement indicates that the company has maintained sufficient public holding after listing, in compliance with the regulatory requirements of the Hong Kong Stock Exchange.
