Liaoning Port Reports 3.67% H-Share Public Float, Pursues Measures to Restore Compliance

Bulletin Express
Jul 06

Liaoning Port Co., Ltd. announced that, as of 6 July 2026, the market value of its H shares held by the public stands at approximately HK$771 million, representing 3.67% of the issued H-share class. The ratio remains below the minimum 10% public-float threshold stipulated in Rule 19A.28B(2) of the Hong Kong Listing Rules.

The company attributes the shortfall to shareholding concentration among three substantial H-share stakeholders—Team Able International Limited, Broadford Global Limited and Dalian Port Corporation Limited. Liaoning Port has been in dialogue with these investors, alongside securities firms and legal advisers, to evaluate capital-market conditions, share-price performance and potential solutions such as share issuance or buy-back and cancellation. To date, no concrete remedial plan has been finalized, with management citing “various constraints.”

Following consultations, the Stock Exchange has allowed Liaoning Port to maintain its current non-compliant status temporarily, subject to “transitional arrangements.” During this period, the company must actively pursue feasible measures to restore the public float to at least 10% as soon as practicable.

Until compliance is achieved, Liaoning Port will issue monthly development updates in accordance with Rules 19A.28D and 19A.28E of the Listing Rules. The board advises shareholders and potential investors to exercise caution when trading the company’s shares.

The announcement was authorized by the board and signed by Joint Company Secretaries Qu Shaoyong and Leung Chi Kit in Dalian on 6 July 2026.

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