According to the Hong Kong Stock Exchange announcement, under the mechanism for excess subscriptions, the number of IPO shares allocated to retail investors in Hong Kong will increase from 3.33 million shares to about 16.7 million shares. The number of shares allocated to institutional investors will be reduced from the initial 30 million shares to 16.7 million shares. The international offering received 1.79 times subscriptions. The company's Hong Kong IPO is priced at HKD 3.75 per share, at the bottom of the guidance Range. The company will raise HKD 0.125 billion (USD 16.1 million) through the IPO, and the stocks will start trading on December 19.