TUHU Car Inc. (TUHU) Posts June 2026 Securities Movement: No New Issuance, 2.18 Million-Share Buyback Pending Cancellation

Bulletin Express
07/06

For the month ended 30 June 2026, TUHU Car Inc. (TUHU) reported stable share capital with no new shares issued or treasury shares transferred, while executing a repurchase of 2.18 million Class A weighted voting right (WVR) shares on 5 June that were held for cancellation but remained uncancelled at month-end.

Authorised and Issued Share Capital • Total authorised capital stayed at USD 50,000, divided into 2.43 billion Class A WVR shares and 68.95 million Class B WVR shares, each with a par value of USD 0.00002. • Issued capital was unchanged at 759.77 million Class A shares and 67.92 million Class B shares, indicating no fresh equity issuance during the month. • The company confirmed that its public float met the Main Board’s 25% requirement.

Equity Incentive Schemes • Under the 2019 Share Incentive Plan, outstanding options decreased by 9,563 to 20.72 million after cancellations; no options were exercised, and no funds were raised. • The Post-IPO Share Scheme shows 968,512 outstanding options and permits up to 40.49 million additional issuances. • Restricted Share Units (RSUs) tied to the Post-IPO Share Scheme totalled 1.46 million at end-June; no new grants or vesting occurred during the month, and 32,066 RSUs lapsed.

Share Repurchase Activity • On 5 June 2026, TUHU repurchased 2.18 million Class A shares earmarked for cancellation. These shares had not yet been cancelled by 30 June, leaving the month-end issued share count unchanged.

Capital Instruments • The company reported no outstanding warrants or convertible securities and no treasury share movements beyond the pending cancellation of the repurchased shares.

Governance Compliance • The board confirmed that all share movements complied with Hong Kong Listing Rules and applicable regulations, with requisite funds received and documentation filed.

TUHU’s June 2026 filing reflects disciplined capital management, maintaining share count stability while executing a targeted buyback and modest adjustments to employee equity incentives.

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