Sinofortune Financial Holdings Limited reported a sharp contraction in its share base for the month ended 30 April 2026, reflecting the completion of a comprehensive capital reorganisation approved on 21 April 2026 and effective 23 April 2026.
At month-end, issued ordinary shares stood at 129.15 million, down by 7.62 billion from the 7.75 billion outstanding a month earlier. The reduction—equivalent to 98.33 % of the previous share count—stemmed entirely from the multi-step restructuring that involved: 1) a 60-for-1 share consolidation (par value raised from HKD 0.01 to HKD 0.60 per share); 2) an immediate capital reduction lowering the par value of each consolidated share from HKD 0.60 back to HKD 0.01; and 3) a subdivision of authorised but unissued shares, restoring the original HKD 0.01 par structure.
Despite the drastic contraction in issued shares, authorised share capital was unchanged at 10.00 billion shares with an aggregate nominal value of HKD 100.00 million. The company reported no treasury shares at either the beginning or the end of the period.
Sinofortune confirmed compliance with the minimum 25 % public-float requirement under GEM Rule 17.37D(1) following the restructuring. No share options, warrants, convertibles or other equity instruments were issued, exercised or outstanding during the month.
The board, represented by Director Lai Yuk Mui, affirmed that all regulatory and procedural requirements related to the capital reorganisation were satisfied, and no additional movements in share capital occurred beyond those detailed above.