For the month ended 31 May 2026, Zhongliang Holdings Group Company Limited recorded a modest 7.56 million increase in issued ordinary shares, lifting the total share count to 4.46 billion. The additional shares, equivalent to roughly 0.17 % of the enlarged share capital, arose solely from partial conversion of the company’s zero-coupon mandatory convertible bonds due 2026.

Key operating data

1. Authorised share capital unchanged • Authorised shares: 20.00 billion ordinary shares at HKD 0.01 par value • Registered share capital: HKD 200.00 million

2. Issued share movements • Opening (30 Apr 2026): 4.45 billion shares • Net increase in May: +7.56 million shares • Closing (31 May 2026): 4.46 billion shares • No treasury shares were held or cancelled during the month.

3. Drivers of issuance • Zero-coupon Mandatory Convertible Bonds due 2026: USD 0.78 million (775,704) of principal converted, generating 7.56 million new shares at a conversion price of USD 0.80 per share. • 1.5 % Convertible Bonds due 2029: No conversions in May; USD 59.11 million remains outstanding, representing up to 576.34 million potential shares.

4. Option pool status • Outstanding share options: 13.90 million (unchanged versus April) • No option exercises; no funds raised from options. • Shares available for future grants under the 2019 scheme: 339.10 million.

5. Public float confirmation • As of 31 May 2026, Zhongliang Holdings met the Main Board’s minimum public-float requirement of 17.06 %.

Potential dilution

If all outstanding convertibles (590.24 million shares from bonds and options) were exercised, the fully diluted share base would expand by about 13.24 % from current levels.

Compliance statement

The company affirmed that all share issuances and bond conversions during the period were duly authorised, all proceeds received, and all Hong Kong Listing Rules and legal requirements satisfied.