GOME Retail Holdings Limited reported a sizeable equity movement for March 2026, driven by the completion of a debt-to-equity swap on 23 March 2026.

Key highlights

1. Issued share expansion • Issued shares climbed from 47.89 billion to 72.99 billion, an increase of 25.11 billion shares (+52.43%). • The additional shares were allotted at HKD 0.015 each under a specific mandate to settle RMB 337 million of outstanding obligations: – 21.62 billion shares for RMB 290 million owed to Shanghai Jinboding Enterprise Services Co., Ltd. – 3.49 billion shares for RMB 47 million owed to China TaiYue Technology Limited.

2. Authorised share capital steady • Authorised share capital remains at 200 billion ordinary shares with a par value of HKD 0.025, equivalent to HKD 5.00 billion. • Post-placement, issued shares represent 36.50% of authorised capacity.

3. Convertible bonds outstanding • USD 200 million 5% convertible bonds due 2023/25 remain fully outstanding, carrying conversion rights over 1.30 billion shares at HKD 1.20 per share. • USD 73.74 million 5% convertible bonds due 2023/25 remain fully outstanding, convertible into 463.86 million shares at USD 1.24 per share. • No shares were issued through conversion during the month.

4. Public float compliance GOME Retail confirmed compliance with the Main Board’s 25% minimum public float requirement as at 31 March 2026.

5. Treasury shares The company held no treasury shares at month-end, and no repurchases or cancellations were recorded.

The March transactions materially strengthened the company’s equity base while reducing on-balance-sheet debt, leaving sizeable authorised headroom for potential future financing activities.