BJ Sports & Ent Lifts Share Capital by 20% via HK$20.56 Million New-Share Subscription

Bulletin Express
Yesterday

Beijing Sports and Entertainment Industry Group Limited (BJ Sports & Ent) has expanded its share capital through the issuance and allotment of 281.60 million new ordinary shares under a subscription agreement dated 11 May 2026. The new shares, each with a par value of HK$0.005, were issued on 11 June 2026 at HK$0.073 per share, translating into gross proceeds of approximately HK$20.56 million.

Prior to the transaction, BJ Sports & Ent had 1.41 billion shares in issue. The new allotment increases the total outstanding share count to 1.69 billion, marking a 20.00% expansion in the company’s share capital.

No treasury shares were held, redeemed, repurchased, or sold during the period. The company confirmed that the share issue was duly approved by the board and complied with all Hong Kong Stock Exchange listing rules and relevant regulatory requirements.

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