Flat Glass announces HKD 43.38 million H-share buyback in May; public float remains compliant

Bulletin Express
06/02

Flat Glass Group Co., Ltd. (Flat Glass) released its Monthly Return for Equity Issuer, detailing equity movements for May 2026.

The company’s registered share capital stayed unchanged at RMB 585.72 million, comprising 441.72 million H shares and 1.90 billion A shares, both with a par value of RMB 0.25.

Key May movements focused on H-share repurchases: • Flat Glass repurchased 5.48 million H shares during 21–28 May 2026 at prices between HKD 7.71 and HKD 7.98, spending approximately HKD 43.38 million. • These shares, now held in treasury, reduced outstanding H shares to 436.24 million from 441.72 million, a decrease of about 1.24 %. • Despite the reduction, the board confirmed compliance with the Hong Kong Stock Exchange’s minimum 5 % public-float requirement for PRC issuers.

No new A-share repurchases occurred in May. The company continues to hold 13.31 million A shares in treasury—about 0.70 % of total A-share capital—acquired under the buyback mandate approved on 23 February 2024.

Convertible bond position remained steady: RMB 3.99 billion of listed A-share convertibles were outstanding, carrying the potential to add up to 95.90 million new A shares, equivalent to roughly 5.05 % of current A-share capital, upon full conversion.

Apart from the H-share buybacks, Flat Glass reported no changes in authorised share capital, no share option exercises, and no warrant or other equity-linked issuances during the month.

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