QINGDA ORIENTAL posts stable August 2026 share base; 3.66 million H-shares pending cancellation, RMB 85 million CB remains unconverted

Bulletin Express
Sep 01

Qingda Oriental Group Co., Ltd. (QINGDA ORIENTAL) has released its Monthly Return for the period ended 31 August 2026, confirming a steady share capital structure and ongoing compliance with Hong Kong’s public-float requirements.

Key Takeaways

1. Authorised and Issued Share Capital • Total authorised/registered share capital stood unchanged at RMB 21.54 million, representing 215.43 million ordinary shares with a par value of RMB 0.10 each. – Domestic shares: 131.87 million (unlisted). – H shares: 83.56 million (HKEx-listed, stock code 08115). • No new shares were issued and no treasury shares were held or cancelled during August 2026.

2. Repurchased Shares Awaiting Cancellation • 3.66 million H shares repurchased on 30 June 2026 remain outstanding pending cancellation. This block equals approximately 4.37% of the H-share class and 1.70% of total issued shares.

3. Convertible Bond Position • A zero-coupon, RMB 85.00 million convertible bond issued on 5 January 2026 remains outstanding. • Conversion window: 5 January 2029 to 27 December 2030. • Conversion price: RMB 1 per share, implying up to 85.00 million new H-shares could be issued upon full conversion. No conversions occurred during August.

4. Public Float Compliance • Management affirmed that QINGDA ORIENTAL met the minimum 25% public-float requirement as at 31 August 2026. Protective covenants in the convertible bond prohibit conversions that would reduce public float below this threshold.

5. Capital Management Outlook • With no change in authorised or issued capital during the month and the pending cancellation of repurchased shares, near-term share count remains at 215.43 million. • The company maintains flexibility for future equity issuance through its outstanding convertible bond, while actively managing public-float levels.

QINGDA ORIENTAL’s latest filing indicates disciplined capital management, featuring a static share base in August and safeguards to uphold regulatory free-float thresholds ahead of any future equity conversions.

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