On 11 March 2026, Mao Geping Cosmetics Co., Ltd. (Stock Code: 01318.HK) converted 228.34 million unlisted ordinary shares into an equivalent number of H shares. The newly issued H shares will commence trading on The Stock Exchange of Hong Kong Limited on 12 March 2026.

As a result of the conversion, the company’s total issued share capital (excluding treasury shares) expanded from 261.84 million shares to 490.19 million shares, marking an 87.21% increase. No treasury shares were outstanding either before or after the transaction, and there were no repurchases, redemptions, or on-market sales of treasury shares during the period.

The board has confirmed that the share conversion and listing were duly authorized and executed in full compliance with all applicable Hong Kong listing rules and regulatory requirements.