China HK Power Smart Energy Group Limited completed a connected-party loan capitalisation on 26 May 2026, converting HK$260.00 million of shareholder loans into equity through the allotment of 722.22 million new shares at HK$0.36 each.

The newly issued shares were authorised under a specific mandate and account for approximately 9.71% of the company’s issued share capital immediately before completion and 8.85% of the enlarged share base post-transaction. Following the issuance, the company’s total outstanding shares increased from 7.44 billion to 8.16 billion.

Controlling shareholders Dr. Kan Che Kin, Billy Albert and Mrs. Kan raised their combined stake from 50.59% to 54.96%, while public shareholders’ aggregate interest diluted from 49.40% to 45.03%.

All conditions precedent stipulated in the Loan Capitalisation Agreement have been fulfilled, marking the formal completion of the transaction.