[Caihua News]Home of cars-S (02518-HK) announced that after the trading session on April 8, 2021, the joint representatives representing the international underwriters had fully exercised the over-allotment option involving a total of 454.4 shares, accounting for approximately 15 per cent of the total number of offer shares initially available for subscription under the global offering prior to the exercise of any over-allotment option.

The total amount of proceeds from the Company's over-allotment option is expected to be about $801.1 million before deducting underwriting fees and other offering expenses payable in connection with the exercise of the over-allotment option.

The company further announced that the stable price period for the global offering will end on April 8, 2021.