Midea Group Issues 14.05 Million A-Shares via Option Exercises in July, Raises RMB 0.58 Billion

Bulletin Express
08/06

For the month ended 31 July 2026, Midea Group Co., Ltd. reported the following equity movements:

1. Registered Capital • Total authorised share capital remained unchanged at 7.63 billion shares (par value RMB 1.00 each). • H-share quota stayed at 650.85 million shares, while the authorised A-share quota rose by 14.05 million to 6.98 billion shares.

2. Issued Shares and Treasury Stock • H-shares: No movement; issued H-shares stood at 650.85 million, meeting Hong Kong’s 5% public-float requirement. • A-shares: Net issuance of 14.05 million new shares, lifting outstanding A-shares to 6.81 billion. Treasury A-shares increased by 18.71 million to 167.80 million, all held for incentive plans or potential capital reduction.

3. Stock Option Activity • 14.05 million A-shares were issued under the Ninth Stock Option Incentive Plan at an exercise price of RMB 41.44, generating RMB 0.58 billion in cash proceeds. • Outstanding, unexercised options now cover 14.80 million A-shares.

4. Convertible Bonds • Two zero-coupon guaranteed convertible bond tranches remain outstanding: – HKD 8.62 billion due 2027 (conversion price adjusted to HKD 91.82 per H-share). – HKD 8.62 billion due 2033 (conversion price adjusted to HKD 109.78 per H-share). • Full conversion of both tranches would add approximately 172.48 million H-shares.

5. Incentive and Ownership Schemes • Restricted Share Incentive Schemes hold 0.68 million locked A-shares; no further share issues are expected under these programmes. • Stock Ownership Schemes collectively hold 36.73 million A-shares, with no new share transfers planned.

The board confirmed that all equity transactions during the month complied with applicable listing rules and regulatory requirements.

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