XD Inc. Trims Outstanding Shares by 2.00 Million in April 2026, Confirms Public-Float Compliance

Bulletin Express
May 06

For the month ended 30 April 2026, XD Inc. reported the following equity movements to Hong Kong Exchanges and Clearing Limited:

Authorised Share Capital • Authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of USD 0.0001, equivalent to USD 0.10 million.

Issued Shares • Total issued shares (excluding treasury shares) fell from 494.43 million to 492.43 million, a net decrease of 2.00 million shares. • The reduction was driven mainly by on-market repurchases amounting to 2.00 million shares that were cancelled during the month. A further 2.85 million shares were repurchased but had not yet been cancelled as of month-end.

Share Option Activity • Under the Share Option Plan adopted on 25 June 2021, 59,923 options were granted and 3,600 options were exercised, resulting in the issuance of 3,600 new shares. • Cash proceeds from option exercises totalled HKD 0.10 million. • Outstanding options under the plan stood at 13.99 million, while the scheme allows up to 28.97 million shares to be issued upon future option exercises.

Treasury Shares • The company held no treasury shares at the close of the month.

Public-Float Status • XD Inc. affirmed compliance with the Main Board’s minimum public-float requirement of 25 percent.

Capital Structure Snapshot (30 April 2026) • Authorised: 1.00 billion shares • Issued (ex-treasury): 492.43 million shares • Par value: USD 0.0001 per share

The filing was signed by Executive Director Huang Yimeng on 06 May 2026.

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