Dynagreen Environmental Protection Posts Stable May 2026 Share Capital; Marginal A-Share Increase from Bond Conversion

Bulletin Express
06/04

Dynagreen Environmental Protection Group Co., Ltd. released its monthly return for May 2026, confirming broadly stable share capital with only a negligible change arising from the ongoing conversion of its on-shore convertible bonds.

Share capital structure • H shares: The Hong Kong-listed tranche remained unchanged at 404.36 million shares, each with a par value of RMB 1. • A shares: Registered and issued A-share capital on the Shanghai Stock Exchange inched up by 112 shares to 1.03 billion, bringing total registered capital to 1.43 billion shares.

Public-float compliance The company affirmed compliance with the Main Board Rule 13.32B minimum float requirement of 5 % for its H shares, with no treasury shares held.

Convertible bond activity Dynagreen’s RMB-denominated A-share convertible corporate bonds (SSE code: 113054) declined by RMB 1.00 million to RMB 2.36 billion outstanding during the month. The bonds, carrying a conversion price of RMB 8.89 per share after the December 2025 adjustment, enabled the issuance of 112 new A shares in May. As at 31 May 2026, up to 265.45 million shares remain issuable upon full conversion before the bonds mature on 24 February 2028.

Overall impact The marginal 0.000011 % increase in issued A-share capital underlines a steady equity base, while the sizeable remaining convertibles—equivalent to roughly 20.6 % of current A-share count—suggest potential dilution if fully converted over the next 21 months. Aside from the routine bond conversion, no share options, warrants or other equity-related instruments were exercised or issued, and no treasury share movements occurred during the period.

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