Guidelines for Hong Kong IPO Subscription

Customer Service

IMPORTANT NOTICE FOR HONG KONG IPO SUBSCRIPTION

Subscription Deadline and Debit Date
1.The deadline for Soochow Securities margin subscription is 10:00 a.m. on the business day prior to the closing date of the IPO subscription (or until the quota is full); the deadline for cash subscription is 4:00 p.m. on the business day prior to the closing date of the IPO subscription.
2.Subscription funds and handling fees will be debited from the client's securities account on the closing date of the Soochow Securities IPO subscription. On the date of the announcement of the allotment results*, regardless of whether the allotment is successful or not, relevant interest generated by the IPO margin financing will be debited from the securities account of the client who applied for the margin subscription.
3.Clients are not permitted to amend or cancel margin subscription applications that have been submitted to Soochow Securities. Under exceptional circumstances, clients may submit a written application to our company; however, before a formal approval result is issued, the original application shall remain valid and effective.
Subscription Handling Fee and Margin Interest
1.The handling fee for cash subscription is waived, whereas the handling fee for margin subscription is HKD 100.00 net per transaction, which must be paid regardless of whether the allotment is successful or not. Regardless of whether the client is successfully allotted or whether the relevant issuer successfully lists on the stock exchange, the margin handling fee and interest are strictly non-refundable.
2.The margin period commences from the closing date of the IPO subscription and ends on the refund date (excluding the refund date). The actual margin period shall be subject to the closing date of the IPO subscription and the refund date announced by the relevant IPO issuer. Margin interest is calculated as follows: Margin Amount × Accrual Period × Daily Interest Rate.
Announcement of All Allotment Results and Refund
1.Successfully allotted IPO shares will be deposited into the client's securities account on the date of the announcement of the allotment results*.
2.In the event that a cash subscription is unsuccessful or partially successful, all or part of the subscription funds (the part corresponding to the unsuccessful allotment) will be refunded to the client's securities account on the date of the announcement of the allotment results*.
3.If the allotted amount under a margin subscription is lower than the amount of the client's own funds utilized, the excess portion will be refunded to the client's securities account on the date of the announcement of the allotment results*.
*The date shall be subject to the date announced or subsequently amended by the relevant issuer.
Risk Disclosure Statement
Investment involves risks. The price of securities may fluctuate upward or downward, and may even become valueless. Investment in securities may not necessarily generate profits, and may conversely incur losses. Prior to making any investment, you should read the issuer's prospectus. If you have any doubts, you should seek independent professional advice. Before making an investment decision, you should consider your own financial position, investment experience, and objectives, and ensure that the relevant product is suitable for you; otherwise, you should not proceed with the investment.