Xinxiang ERA Group Company Limited (stock code: 08519) reported that following a share consolidation effective 20 October 2025, its authorised share capital remained HKD 50,000,000 but was reclassified into 625,000,000 shares at a revised par value of HKD 0.08 each (previously 2,500,000,000 shares at HKD 0.02 each). As a result, the number of issued shares (excluding treasury shares) stood at 144,972,500 at month-end—down from 579,890,000—reflecting a decrease of 434,917,500 shares.

The share consolidation also led to adjustments in the outstanding share options under the scheme adopted on 8 February 2018. The number of shares issuable upon exercise of the outstanding share options changed from 40,000,000 to 10,000,000, while the exercise price rose from HKD 0.30 to HKD 1.20 per share. The company indicated that all relevant regulatory, listing, and corporate requirements for these changes were satisfied.