Towngas Smart Energy: Share Base Unchanged in May; RMB1.84 Bln Convertible Bonds Could Add 374 Mln Shares

Bulletin Express06-04

Towngas Smart Energy Company Limited submitted its monthly return for the period ended 31 May 2026, confirming that no share capital movements occurred during the month.

Authorised Capital • Remained at 5.00 billion ordinary shares with a par value of HKD0.10, equivalent to HKD500.00 million.

Issued Shares and Public Float • Issued share count was steady at 3.67 billion shares. • The company held no treasury shares. • Public float complied with the Main Board’s 25% threshold.

Equity Incentives • Outstanding share options totalled 11.60 million, with no exercises recorded in May. • The scheme still allows up to 294.40 million shares to be granted in the future, subject to board approval.

Convertible Bonds • Principal amount outstanding: RMB1.84 billion (HKD2.22 billion). • Adjusted conversion price: HKD5.92 per share. • Full conversion would add up to 374.61 million new shares; none were converted in May.

Capital Activity Summary • No shares were issued, repurchased or cancelled during the month, leaving both authorised and issued capital structures unchanged.

The filing was authorised by Company Secretary Elsa Wong on 4 June 2026.

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