Shanghai REFIRE Group (02570) Updates Total Share Capital to RMB 93,233,641 Following H Share Placement

Bulletin Express
02/04

Shanghai REFIRE Group Limited (02570) released its monthly return, confirming a placement of 4,536,000 new H shares on January 26, 2026. According to the announcement, the company's registered share capital now stands at RMB 93,233,641, reflecting an increase from 57,613,535 H shares to 62,149,535 H shares.

The newly placed H shares were issued under the general mandate at HKD 58.38 per share. Meanwhile, no changes were reported in the domestic share portion, with the balance remaining at 31,084,106 shares. The total issued H shares (excluding treasury shares) rose to 62,131,535, while the company retained 18,000 treasury shares.

The figures also confirmed that the public float requirement has been met, aligning with the initial prescribed threshold of 25%. No warrant or convertible issuance activity was reported, and no additional share option exercises took place during the month. The announcement notes that all data and information comply exclusively with the original submission dated February 4, 2026.

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