Crocodile shirt (00122): The stock offering was effectively accepted by about 91.33%

Zhitong Finance App News, Gator Shirt (00122) issued an announcement. At 4:00 p.m. on December 5, 2025 (Friday), that is, the acceptance and payment of the shares offered, and the final acceptance period for applying and paying additional shares, it has received a total of 17 valid acceptances, involving the provisional allocation of a total of 25,918,232 shares to be offered, accounting for about 72.94% of the total number of 35,532,888 shares to be subscribed under the share offering; and a total of 5 valid applications involving 5 valid applications have been received. A total of 6,533,504 additional shares were offered, accounting for the shares offered The total number of 35,532,888 shares available for subscription is approximately 18.39%.

In accordance with the irrevocable undertaking and based on the number of shares held by Ms Lam and her controlled corporation on the record date, Ms Lam has accepted (and has prompted her controlled corporation) to accept and subscribe for 19,152,221 shares provisionally allotted to them in accordance with the provisional quota notice. Ms. Lam has also applied for 600,000 additional shares according to the additional application form.

Overall, a total of 22 valid admissions and applications have been received for the 32,451,736 shares offered, accounting for about 91.33% of the total number of 35,532,888 shares available for subscription under the share offering. As a result, the 3,081,152 shares offered were not fully subscribed, accounting for about 8.67% of the total number of 35,532,888 shares available for subscription under the offering.

As a result of the effective acceptance of the provisional allotment of the above provisional quota notice, 9,614,656 shares to be offered (accounting for approximately 27.06% of the total number of shares offered under the offer) can be subscribed under the additional application form. The number of such additional shares offered is sufficient for all valid applications for a total of 6,533,504 additional shares under the additional application form.

Since the shares offered have not been fully subscribed, the Board believes that it is fair and reasonable to accept all valid additional applications for a total of 6,533,504 additional shares, and to allocate and issue all such shares to the relevant applicants. Therefore, no refund cheques will be sent for all or part of the unaccepted additional share offering applications.