China Weaving Materials (Stock Code: 03778) Announces Share Consolidation and Updated Capital Structure

Bulletin Express
Dec 03, 2025

China Weaving Materials Holdings Limited disclosed updated share capital information for November 2025. Following a consolidation that took effect on November 11, every 10 existing issued and unissued shares of HK$0.1 each were consolidated into 1 share of HK$1.0 each. As a result, authorized share capital stands at 1,000,000,000 shares with a par value of HK$1.0 each.

Issued shares decreased from 1,252,350,000 to 125,235,000 in the same period, reflecting the completion of the consolidation. No new shares were issued under the company’s share option scheme, and 12,523,500 shares remain issuable upon potential exercise of these options. The company’s circular dated October 22, 2025, provides further details about the share consolidation process.

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