New City Development Group Limited (New City Dev) has sharply expanded its authorised share capital while keeping its issued share count unchanged, according to the company’s resubmitted Monthly Return for the period ended 31 December 2025, filed on 13 April 2026.\n\nKey details are as follows:\n\n1. Authorised Share Capital Expansion\n• Authorised ordinary shares were lifted from 200.00 million to 2.00 billion shares, each with a par value of HKD 0.20.\n• Corresponding authorised capital jumped from HKD 40.00 million to HKD 400.00 million, representing an increase of HKD 360.00 million.\n\n2. Issued Share Position Unchanged\n• Issued ordinary shares stood at 186.58 million, identical to the previous month.\n• No treasury shares were held.\n\n3. Public Float Compliance\n• The filing confirms adherence to the Main Board’s minimum 25% public-float requirement.\n\n4. Absence of Dilutive Instruments\n• During the month, the company reported no movements in share options, warrants, convertibles or other equity-linked agreements.\n\nWith the ten-fold rise in authorised share capacity and no change in outstanding shares, New City Dev now holds significant headroom in its capital structure while maintaining full compliance with Hong Kong listing rules.