Kuaishou Technology (01024) Announces Monthly Share Movements for November 2025

Bulletin Express12-04

Kuaishou Technology (01024) released its monthly return on movements in securities for the period ended 30 November 2025. The authorised share capital remained at USD 50,000, with no changes in the number of authorised WVR ordinary shares (Classes A and B).

During November, the total issued Class B shares increased from 3,608,065,099 to 3,612,895,313, representing a net increase of 4,830,214 shares. This net change included share option exercises totaling 207,114 newly issued shares and a net addition of 4,623,100 shares arising from conversions of Class A to Class B, partially offset by share repurchases.

Meanwhile, the total issued Class A shares decreased from 715,206,619 to 708,933,519, reflecting a net decrease of 6,273,100 shares due to the conversion to Class B shares. No treasury shares were reported during the month.

The announcement also detailed repurchase activities of 2,050,000 Class B shares, of which 1,650,000 were cancelled in November and 400,000 remained pending cancellation at the end of the month. The total funds raised from share option exercises amounted to HKD 4,708,923.92.

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