Kuaishou Technology (01024) Reports Changes in Issued Shares and Share Class Conversion

Bulletin Express
2025/10/31

Kuaishou Technology (01024) released a Next Day Disclosure Return detailing changes in its WVR ordinary shares between 14 October 2025 and 31 October 2025. The opening balance of Class B WVR ordinary shares stood at 3,602,775,531, with the closing balance rising to 3,608,065,099. The increase was driven by the exercise of share options under both Pre-IPO and Post-IPO share schemes, resulting in the issuance of 322,408 new Class B shares. Most of these shares under the Post-IPO share option scheme were issued at HKD 62.3, and those under the Pre-IPO employee incentive scheme at HKD 0.3273.

During the same period, 1,314,600 Class B shares repurchased at an average price of HKD 74.8568 were cancelled. The company also completed the conversion of 6,281,760 Class A ordinary shares to Class B ordinary shares on 31 October 2025. Following this conversion, Class A ordinary shares decreased from 721,488,379 to 715,206,619.

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