The first MEXC IPO Express event, featuring SHEIN, has now completed subscription.

In accordance with the event rules, the closing price of SHEIN on its first trading day will be used as the settlement benchmark. Settlement amounts will be distributed within 24 hours after the market close.

Eligible participants will also receive additional participation rewards based on their subscription amount.

Settlement Details

• Subscription Price: 6.19 USDT (approximately 48.56 HKD)

• SHEIN First-Day Closing Price: 6.19 USDT (approximately 48.50 HKD)

• Settlement Date: Sep 1, 2026

• Settlement Method: Calculated in accordance with the settlement rules published on the event page

• Fees: Total subscription fees of approximately 1.0085%. A 0.5% selling fee, calculated based on the settlement amount, will be deducted at settlement.

Settlement Reference

Settlement Gain/Loss = Final Allocation × [IPO Closing Price - IPO Subscription Price × (1 + Total Fee Rate)]

• Settlement Difference per Share: $0

• Fee per Share: $0.09337615

• Settlement Gain/Loss per Share: -$0.09337615

First IPO Express Participation Rewards

Eligible participants who completed their subscription during the Aug 27, 2026 – Aug 31, 2026 event period and passed risk review will receive additional SHEIN position airdrops and APR boosters based on their subscription amount. Participants can view their rewards here.

• APR Booster

5-day 8% APR booster for USDT Flexible Savings

• Position Airdrop

SHEINUSDT Futures position worth up to $200

For more information on position airdrops, please refer to the usage instructions here.

For more information on APR boosters, please refer to the FAQ here.

Thank you for participating in the first MEXC IPO Express event and for your continued support.

Disclaimer

This event is independently organized and fully funded by MEXC and does not indicate any partnership, endorsement, or authorization by SHEIN unless otherwise expressly disclosed by MEXC. MEXC provides users with economic exposure linked to the post-listing performance of SHEIN through the disclosed participation and settlement arrangements. Participation in this event does not provide direct ownership of SHEIN shares. The event schedule, allocation, settlement arrangements, and other details may be subject to change. Please refer to the IPO Express page for the latest information.

Risk Warning

IPO-linked exposure involves market risk, and post-listing price movements may result in a settlement amount below the original subscription amount. The underlying asset's market performance after listing is uncertain and may result in losses. If the closing price on the first day of listing is lower than the subscription price, or if the price difference is insufficient to cover the subscription and selling fees, the final settlement amount may be lower than the user's subscription amount, resulting in a loss relative to the original subscription amount. Users do not need to determine when to sell or take any trading action. The settlement amount is calculated by the platform in accordance with the event rules and does not represent proceeds from any actual stock transaction. Please carefully review the event rules and applicable Terms and Conditions before participating.