China Weaving Materials (03778) Announces Completion of Share Consolidation and Updates Share Capital

Bulletin Express

2025/12/01

China Weaving Materials Holdings Limited (Stock code: 03778) reported a share consolidation on every ten issued and unissued ordinary shares with a par value of HKD0.1 each into one ordinary share with a par value of HKD1.0. The consolidation took effect on November 11, 2025. According to the announcement, the total authorized share capital remained at HKD1,000,000,000 after decreasing the overall number of shares from 10,000,000,000 to 1,000,000,000.

Subsequently, the number of issued shares (excluding any treasury shares) moved from 1,252,350,000 to 125,235,000 due to the share consolidation. The report further indicates that share options remain outstanding but did not generate any new issuance during the period. No changes in treasury shares or other convertible securities occurred in November 2025.

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