Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (ZHAOWEI) disclosed concurrent capital-structure actions across its dual-listed share classes on 8–9 September 2026.
On 9 September 2026 the company repurchased 83,800 H shares on the Hong Kong Stock Exchange, equal to 0.31 % of the class’s outstanding shares prior to the transaction. The buyback was executed within a price band of HKD 38.04–39.26, for an aggregate consideration of HKD 3.24 million. All repurchased shares were retained as treasury stock, reducing the free float of H shares to 26.66 million. The programme is carried out under a shareholder mandate dated 22 May 2026 authorising the repurchase of up to 2.67 million shares; the latest tranche represents 0.31 % of that limit. A 30-day moratorium on new share issues or treasury-share sales on the Exchange is in effect until 9 October 2026.
Separately, ZHAOWEI allotted 64,900 A shares upon the exercise of options granted under the 2024 Share Option Scheme adopted on 28 August 2024. The exercises occurred on 8 September (28,000 shares) and 9 September (36,900 shares) at an issue price of RMB 42.04 each, expanding the A-share capital base by 0.03 % to 241.09 million shares. No treasury A shares were involved.
Post-transactions, ZHAOWEI’s capital structure comprises: • H shares – 26.66 million outstanding and 0.08 million held as treasury stock. • A shares – 241.09 million outstanding with no treasury balance.
Management affirmed that all actions complied with Hong Kong Stock Exchange rules, the company’s share repurchase mandate, and relevant regulatory requirements.
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