China HK Power lifts issued share base to 8.16 billion shares after HK$0.36 placement of 722.22 million new shares

Bulletin Express
06/01

China HK Power Smart Energy Group Limited submitted its monthly return for the period ended 31 May 2026, detailing a sizeable expansion of share capital driven by a late-May placement.

Key developments • Authorised capital unchanged: The company maintains 20.00 billion authorised ordinary shares with a par value of HK$0.02, equal to HK$400.00 million in authorised share capital.

• Issued share expansion: – Opening balance (30 April 2026): 7.44 billion shares. – New shares issued: 722.22 million shares (9.71 % of prior issued capital) via a placement completed on 26 May 2026 at HK$0.36 per share, pursuant to shareholder approval granted on 14 May 2026. – Closing balance (31 May 2026): 8.16 billion shares. – No treasury shares were outstanding during the month.

• Public float: The board confirms compliance with the Main Board’s 25 % minimum public-float requirement.

• Share option scheme: – Options outstanding under the plan adopted on 30 August 2019 stand at 564.38 million, unchanged during the month. – No option exercises occurred; therefore, no funds were raised through option conversions.

• No warrants, convertible instruments, or other equity-linked agreements were reported for the month.

The placement marks China HK Power’s primary equity activity in May 2026, increasing the issued share base by 0.72 billion and enhancing liquidity while leaving the authorised capital ceiling intact.

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