China Energy Development (00228) Announces Significant Reduction in Issued Shares

Bulletin Express

Dec 03

China Energy Development Holdings Limited (00228) submitted its monthly return for the period ended 30 November 2025 on 3 December 2025. The authorized share capital remained at 25,000,000,000 ordinary shares with a par value of HKD 0.05 each, totaling HKD 1,250,000,000.

According to the announcement, the number of issued shares (excluding treasury shares) decreased from 12,165,344,000 in the previous month to 304,133,600, following a capital reorganization effective 3 November 2025 and approved on 19 September 2025. There was no movement in the company’s convertible bonds of HKD 232,790,000 at a conversion price of HKD 6.72 per share during the reporting period.

All details in the monthly return confirm compliance with relevant listing rules and that the required statutory procedures have been met.

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The authorized share capital remained at 25,000,000,000 ordinary shares with a par value of HKD 0.05 each, totaling HKD 1,250,000,000.</p>\n<p>According to the announcement, the number of issued shares (excluding treasury shares) decreased from 12,165,344,000 in the previous month to 304,133,600, following a capital reorganization effective 3 November 2025 and approved on 19 September 2025. 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