• Hangzhou Qiandaohu Xunlong Sci-Tech’s IPO stabilization period ended on July 25, 2026.
• Stabilizing manager CLSA over-allocated 2,449,900 H shares, about 15% of the initial offer size.
• CLSA bought 2,449,900 H shares in the market at HK$ 69.35 to HK$ 75.5 to support trading.
• Last stabilizing purchase occurred on July 24, 2026 at HK$ 72.95 per H share.
• Over-allotment option was not exercised, lapsed on July 25, 2026; no H shares will be issued under it.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hangzhou Qiandaohu Xunlong SCI-Tech Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260726-12256619), on July 26, 2026, and is solely responsible for the information contained therein.