For the month ended 31 March 2026, Huabao International Holdings Limited reported a net reduction of 1.50 million ordinary shares, bringing total issued shares (excluding treasury stock) down to 3.23 billion. The decrease stemmed entirely from on-market buy-backs executed and cancelled on 20 March 2026 at prices ranging from HKD 4.47–4.69 per share, equal to an aggregate cash outlay of roughly HKD 6.86 million and an average repurchase price of about HKD 4.59. The cancellation reduced the share count by approximately 0.05 %.

Authorised share capital remained unchanged at 5.00 billion shares (HKD 0.10 par value) with a total authorised amount of HKD 500.00 million. No new shares were issued during the month; the 2024 Share Option Scheme showed 147.07 million options outstanding, equivalent to 4.55 % of the current share base. The scheme still permits issuance of up to 175.92 million shares, representing a potential 5.45 % dilution if fully exercised.

The company confirmed that it met the Main Board’s 25 % minimum public-float requirement throughout the period and stated that all regulatory conditions related to the month’s share movements were satisfied.