Launch Tech Company Limited (Launch Tech) filed a resubmitted Monthly Return with Hong Kong Exchanges and Clearing Limited for the period ended 31 May 2026, detailing a large-scale share conversion that significantly reshaped its capital structure.
The core transaction occurred on 8 May 2026, when 194.24 million previously unlisted domestic shares were converted into an equal number of H-shares. As a result, total issued H-shares (excluding treasury shares) expanded from 156.60 million to 350.84 million, while issued domestic shares contracted from 253.56 million to 59.32 million.
Correspondingly, authorised share capital was realigned: • Authorised H-shares increased by 194.24 million shares to 350.84 million shares, each with a par value of RMB 1, taking authorised H-share capital to RMB 350.84 million. • Authorised domestic shares decreased by the same 194.24 million shares, reducing that category to 59.32 million shares, or RMB 59.32 million. Total authorised share capital stood at RMB 410.16 million at month-end.
No share options, warrants, convertibles, or other equity instruments were issued or exercised during the reporting period.
Launch Tech confirmed that, after the conversion, it continues to satisfy Main Board Rule 13.32B’s minimum public-float requirement of 25 % for its H-share class.
The company also affirmed compliance with all applicable listing rules, regulatory requirements, and corporate approvals for the share conversion. No treasury shares were held or cancelled during the month.
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