Zhongsheng Group Reports Stable Share Capital and Compliance with Public Float Requirement in March 2026 Update

Bulletin Express04-01

Hong Kong – Zhongsheng Group Holdings Limited released its monthly return for the period ended 31 March 2026, confirming a steady share capital structure and full compliance with Hong Kong Stock Exchange public float rules.

Authorised and Issued Share Capital • Authorised share capital remained unchanged at HKD 100.00 million, representing 1 trillion ordinary shares with a par value of HKD 0.0001 each. • Issued shares (excluding treasury) held firm at 2,366.99 million, while treasury shares were stable at 18.67 million. Total issued shares therefore stayed at 2,385.67 million, with no increase or decrease recorded during the month.

Public Float Status The company confirmed that it meets the Main Board’s minimum public float threshold. At listing, the prescribed minimum public float was 17.24 % of total issued shares (excluding treasury shares), and this requirement remains satisfied as at 31 March 2026.

Share Option Scheme Activity Under the Share Option Scheme approved on 9 February 2010, 5.50 million options were outstanding at month-end. No options were exercised, no new shares were issued, and no treasury shares were transferred during the period.

Treasury Shares, Warrants, Convertibles and Other Equity Instruments The report shows no movement in treasury shares beyond the standing 18.67 million balance. In addition, the company reported no warrants, convertible securities, or other equity-linked instruments outstanding or transacted in March 2026.

Governance Confirmation Executive Director Huang Yi certified that all securities-related actions comply with the Hong Kong Listing Rules and relevant legal requirements.

In summary, Zhongsheng Group’s March 2026 filing highlights a month of share-capital stability with maintained public float compliance and no dilution from option exercises or other equity instruments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment