Zhongwei Corporation: Completes global offering of H shares, expected to raise net proceeds of HK$3.433 billion.

Zhongwei Group announced that the company is progressing with the issuance of H shares and listing on the main board of the Hong Kong Stock Exchange. The base offering size of this global issuance of H shares is 104 million shares, with 10.4226 million shares publicly offered in Hong Kong and 93.8028 million shares offered internationally. The offering price per H share is HK$34.00. After deducting relevant expenses, assuming the over-allotment option is not exercised, the net proceeds from the global offering received by the company are estimated to be approximately HK$3.433 billion.