Lianlian: Issues 1.64 Million New H Shares, Repurchases 4.74 Million in April; Public Float Remains Above 25%

Bulletin Express
05/04

Key Share Capital Movements For April 2026, Lianlian DigiTech Co., Ltd. (Lianlian) reported opposite-direction moves in its Hong Kong-listed H-share capital:

1. New Issuance via Options • 1.64 million new H shares were issued through exercises under two Pre-IPO Share Option Schemes (2021 and 2023 vintages). • Cash proceeds totalled RMB 5.99 million. • Outstanding options fell to 56.19 million units, all of which could translate into the same number of H shares if exercised.

2. Aggressive Share Repurchases • The company bought back 4.74 million H shares during the month at an average cost of about HKD 5.99 per share (aggregate consideration: roughly HKD 28.38 million). • All repurchased shares are being held in treasury, lifting the treasury stock balance to 26.97 million shares—equivalent to 5.78 % of issued H shares.

Capital Base After Transactions • Total H shares in issue (including treasury): 466.70 million, up 0.35 % month-on-month. • H shares outstanding (excluding treasury): 439.73 million, down 0.70 % from 442.83 million at end-March. • Unlisted domestic shares were unchanged at 660.39 million. • Aggregate issued share capital across all classes stands at 1.13 billion shares with a par value of RMB 1 each—of which 41.4 % are H shares.

Public Float Confirmed Lianlian affirmed compliance with the Main Board’s minimum 25 % public-float requirement for its H share class as at 30 April 2026.

Capital Incentive Plans • First Share Award Scheme (approved 26 Jan 2026) still has capacity to issue or transfer up to 110.55 million H shares; no shares were granted or vested in April.

Implications April’s activity reflects management’s dual approach of incentivising employees through option exercises while simultaneously deploying repurchases to manage capital structure. Despite the net reduction of 3.09 million freely-traded H shares, the company’s public-float ratio remains in line with Hong Kong Stock Exchange requirements.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10