Howell Group (603501.SH): The maximum issuance price of H shares is not more than HK$104.80 per share

According to Zhitong Finance App News, Haowei Group (603501.SH) announced that the number of H shares issued by the company is 45.8 million shares (subject to the exercise of over-allotment rights). Of these, preliminary arrangements were made for a public sale of 4.58 million shares in Hong Kong (which can be redistributed), accounting for about 10% of the total number of global sales; 41.22 million shares were sold internationally (which can be redistributed), accounting for about 90% of the total number of shares sold globally.

The maximum price of the company's current H share offering does not exceed HK$104.80 per share. The public sale of the company's H shares in Hong Kong began on December 31, 2025. It is expected to end on January 7, 2026, and the issue price is expected to be announced before January 8, 2026 (including that day). The H shares issued by the company are expected to be listed and traded on the Hong Kong Stock Exchange on January 12, 2026.