QINGDA ORIENTAL posts stable August 2026 share base; 3.66 million H-shares pending cancellation, RMB 85 million CB remains unconverted

Bulletin Express
09/01

Qingda Oriental Group Co., Ltd. (QINGDA ORIENTAL) has released its Monthly Return for the period ended 31 August 2026, confirming a steady share capital structure and ongoing compliance with Hong Kong’s public-float requirements.

Key Takeaways

1. Authorised and Issued Share Capital • Total authorised/registered share capital stood unchanged at RMB 21.54 million, representing 215.43 million ordinary shares with a par value of RMB 0.10 each. – Domestic shares: 131.87 million (unlisted). – H shares: 83.56 million (HKEx-listed, stock code 08115). • No new shares were issued and no treasury shares were held or cancelled during August 2026.

2. Repurchased Shares Awaiting Cancellation • 3.66 million H shares repurchased on 30 June 2026 remain outstanding pending cancellation. This block equals approximately 4.37% of the H-share class and 1.70% of total issued shares.

3. Convertible Bond Position • A zero-coupon, RMB 85.00 million convertible bond issued on 5 January 2026 remains outstanding. • Conversion window: 5 January 2029 to 27 December 2030. • Conversion price: RMB 1 per share, implying up to 85.00 million new H-shares could be issued upon full conversion. No conversions occurred during August.

4. Public Float Compliance • Management affirmed that QINGDA ORIENTAL met the minimum 25% public-float requirement as at 31 August 2026. Protective covenants in the convertible bond prohibit conversions that would reduce public float below this threshold.

5. Capital Management Outlook • With no change in authorised or issued capital during the month and the pending cancellation of repurchased shares, near-term share count remains at 215.43 million. • The company maintains flexibility for future equity issuance through its outstanding convertible bond, while actively managing public-float levels.

QINGDA ORIENTAL’s latest filing indicates disciplined capital management, featuring a static share base in August and safeguards to uphold regulatory free-float thresholds ahead of any future equity conversions.

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