HUAQIN Expands Share Base: 26.93 Million New H Shares and 406.21 Million New A Shares Issued in June

Bulletin Express07-03

Huaqin Co., Ltd. reported a sizeable expansion of both its Hong Kong-listed H shares and Shanghai-listed A shares for the month ended 30 June 2026, driven entirely by a capitalization of capital reserves approved on 20 May 2026.

Total authorized share capital rose to RMB 1.52 billion after issuing: • 26.93 million new H shares on 3 June, lifting the class total to 94.26 million. • 406.21 million new A shares on 17 June, bringing that class to 1.42 billion.

Issued-share figures mirror the authorized changes, with no treasury-share movements recorded for either class during the period. The A-share register still contains 215,947 treasury shares, unchanged month-on-month.

Public-float compliance for H shares remains intact. As at 30 June 2026, 6.21 % of Huaqin’s H-share capital qualified as public float, carrying a market value of HK$8.26 billion—well above the HK$1 billion threshold applicable to PRC issuers that also list shares on another exchange.

No share options, warrants, convertibles, or additional incentive-scheme grants were executed during the month, and all new shares originated solely from the reserve-capitalization exercise.

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