GON TECHNOLOGY Adds 127.20 Million A Shares Through 4.8-for-10 Bonus Issue, Lifts Total Authorised Capital to 428.45 Million

Bulletin Express
07/02

QINGDAO GON TECHNOLOGY CO., LTD. filed its Monthly Return for June 2026, outlining a significant expansion of its A-share capital via a bonus issue while keeping its H-share structure unchanged.

Key Takeaways 1. A-Share Expansion • On 18 June 2026 (approved 9 June 2026), the company allotted 4.8 new A shares for every 10 existing A shares by capitalising its capital reserve. • Issued A shares (excluding treasury shares) rose by 127.20 million to 392.20 million, a 48% increase from 265.00 million in May. • Authorised/registered A-share capital increased by the same 127.20 million to 398.45 million shares, each with a par value of RMB 1.

2. Overall Capital Structure • Total authorised/registered share capital grew to 428.45 million shares, comprising: – H shares: 30.00 million (unchanged) – A shares: 398.45 million (up 127.20 million) • Issued shares (excluding treasury): – H shares: steady at 30.00 million – A shares: 392.20 million (up 127.20 million) • Treasury stock: 6.25 million A shares remain in the repurchase account, earmarked for cancellation; no changes occurred during the month.

3. Public Float and Compliance • The company confirmed compliance with Hong Kong Main Board Rule 13.32D(1), maintaining the required minimum 5% public float for its H shares. • No share options, warrants, convertibles, or other share-related instruments were issued or exercised during the period.

Implications The 4.8-for-10 bonus issue materially enlarges GON TECHNOLOGY’s A-share base, potentially enhancing liquidity in the Shenzhen market without altering shareholder equity proportions. H-share investors face no dilution, as the Hong Kong-listed tranche remained at 30.00 million shares throughout June 2026.

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