Times China Holdings Limited reported a marginal expansion of its share base for the month ended 31 March 2026, driven exclusively by conversions of its two outstanding zero-coupon Mandatory Convertible Bonds (MCB I and MCB II).

Issued share capital • Issued shares rose by 1.31 million to 2.92 billion, a 0.05 % month-on-month increase. • No treasury shares were outstanding at any time during the period.

Conversion activity • MCB I (subscription price: HKD 6) generated 1.15 million new shares during the month. The USD amount outstanding on the bond fell by USD 0.89 million to USD 791.17 million. • MCB II (subscription price: HKD 10) accounted for a further 0.16 million shares. The USD amount outstanding declined by USD 0.20 million to USD 241.66 million.

Capital structure and public float • Authorised share capital remained unchanged at 10.00 billion shares, par value HKD 0.10, equating to HKD 1.00 billion. • Times China confirmed compliance with the Hong Kong Stock Exchange’s minimum 25 % public-float requirement at month-end.

No other equity instruments—including share options, warrants, or Hong Kong Depositary Receipts—were issued, exercised, or repurchased during March 2026.