Fibocom wireless completes stabilization, over-allotment option lapses

Shenzhen Fibocom Wireless Co., Ltd. has announced the end of the stabilization period for its H-share global offering, which concluded on November 16, 2025. The company’s 135,080,200 H-shares were listed on the main board of the Hong Kong Stock Exchange on October 22, 2025.

During the stabilization period, the stabilization manager, CITIC Securities International Company Limited, overallotted 20,262,000 H-shares in the international offering, representing 15% of the total shares initially offered before any exercise of the over-allotment option. The manager subsequently purchased the same number of H-shares on the market at prices ranging from HK$17.30 to HK$21.50 per share (excluding commissions and fees). The last purchase was made on November 14, 2025, at HK$20.34 per share.

The over-allotment option was not exercised by the stabilization manager and lapsed on November 16, 2025. Consequently, no H-shares will be issued under this option. The shareholding structure of Fibocom Wireless remains unchanged, with A-shares constituting 85.00% (765,453,542 shares) and H-shares 15.00% (135,080,200 shares), totaling 900,533,742 shares. The company confirmed its continued compliance with public float requirements under Rule 19A.13A(2) of the Hong Kong Listing Rules.