Jiumaojiu Holds Share Count Steady in April; 41.42 Million Shares Await Cancellation

Bulletin Express
05/07

Jiumaojiu International Holdings Limited released its Monthly Return on Movements in Securities for April 2026, confirming no change in its outstanding share base while highlighting ongoing buy-back activity and a modest reduction in employee share options. Key disclosures follow:

Authorised Capital • The authorised share capital remained unchanged at 500.00 billion ordinary shares with a par value of USD 0.0000001 each, equivalent to total registered capital of USD 50,000.

Issued Shares and Public Float • Issued shares (excluding treasury shares) stood firm at 1.39 billion as of 30 April 2026. • No treasury shares were held, bought back into treasury, or cancelled during the month. • The company affirmed compliance with the Hong Kong Exchange’s minimum 25% public-float requirement.

Share Option Scheme Activity • Outstanding options under the 6 December 2019 scheme fell by 0.69 million to 46.51 million after lapses. • The current option pool represents potential dilution of approximately 3.34% of the existing share base if fully exercised. • Of these, 17.65 million options (1.27% of shares outstanding) are currently exercisable; no options were exercised in April, and no proceeds were raised.

Share Repurchases Pending Cancellation • A cumulative 41.42 million shares, equal to roughly 2.98% of outstanding shares, were repurchased between 30 December 2025 and 30 April 2026. These shares have not yet been cancelled and therefore continue to be included in the issued share count.

Capital Structure Overview • No warrants, convertible securities, or other equity-linked instruments were issued or outstanding during the period. • Total issued share capital and registered share capital remained unchanged; only minor option lapses and previously announced repurchases affected potential dilution metrics.

Implications The stable issued share count, coupled with confirmation of adequate public float, underscores capital structure stability. The pending cancellation of repurchased shares and the existing option pool remain the primary variables that could influence future share count and dilution levels once exercised or cancelled.

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