Shanghai REFIRE Group Limited (02570) Releases Monthly Return, Announces New H Share Placement and Public Float Compliance

Bulletin Express
02/05

Shanghai REFIRE Group Limited (the “Company”) reported an increase in registered share capital for January 2026. The total registered share capital reached RMB 93,233,641, comprising 62,149,535 H shares and 31,084,106 domestic shares. The Company confirmed that it completed the placing of 4,536,000 new H shares on January 26, 2026, under the general mandate granted at the general meeting on May 19, 2025. The new H shares were placed at HKD 58.38 per share, as stated in announcements dated January 18, 2026, and January 26, 2026.

The number of issued H shares (excluding treasury shares) increased to 62,131,535, and the total (including 18,000 treasury shares) now stands at 62,149,535. Domestic shares remain at 31,084,106. The public float requirement for H shares, set at 25% of the total issued shares in that class, has been met. In addition, the Company disclosed that 2,253,818 share options under its Pre-IPO share option scheme (adopted on January 21, 2024) remained outstanding as of the end of January 2026.

The submission was made by Joint Company Secretary, Mr. Zheng Zhong, on February 5, 2026. The report did not indicate any further share repurchases, warrants, convertibles, or additional arrangements to issue shares during the month.

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