CIG Issues 15.60 Million New H Shares, Expanding Share Base by 20.24%

Bulletin Express06-04

CIG Shanghai Co., Ltd. (CIG) completed a placing of 15.60 million new H shares on 4 June 2026, enlarging the company’s outstanding share capital to 92.66 million shares. The new shares represent 20.24% of the pre-placement issued share count of 77.06 million shares.

The placement was executed at HKD 126.66 per share under an agreement signed on 28 May 2026. Based on the disclosed issue price and volume, the transaction is valued at approximately HKD 1.98 billion.

No treasury shares were held before or after the transaction, and the company reported no share repurchases or redemptions outstanding as of the closing balance date.

CIG confirmed that the issuance was fully authorised by its board and conducted in accordance with the Hong Kong Stock Exchange’s Main Board Rules and relevant legal requirements. All proceeds have been received, and the newly issued H shares rank pari passu in every respect with the company’s existing H shares.

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