TUHU Car Inc.: No Share Capital Changes in May; Option Lapses Trim Outstanding Grants

Bulletin Express06-03

For the month ended 31 May 2026, TUHU Car Inc. (TUHU), a Cayman-incorporated issuer controlled through weighted voting rights and listed in Hong Kong, reported stable share capital with no new share issuance or treasury share movements.

Authorised and Issued Share Capital • Authorised capital remained at USD 50,000, split between 2.43 billion Class A WVR ordinary shares and 68.95 million Class B WVR ordinary shares, each with a par value of USD 0.00002. • Issued shares were unchanged at 759.77 million Class A shares and 67.92 million Class B shares. • No treasury shares were held or transferred during the month.

Public Float • TUHU confirmed compliance with the Main Board’s 25% minimum public-float requirement for its listed Class A shares (stock code 09690).

Equity Incentive Plans • 2019 Share Incentive Plan: Outstanding options fell marginally to 20.73 million after 6,357 options lapsed; no options were exercised, leaving total potential issuances unchanged. • Post-IPO Share Scheme: 968,512 options remained outstanding, with an additional capacity of up to 40.46 million shares for future grants. • Restricted Share Units (RSUs): 1.49 million RSUs under the Post-IPO Share Scheme remained unvested at month-end; 18,179 RSUs lapsed during May. • No cash was raised from option exercises during the period.

Capital Structure Summary • Total authorised share capital: USD 50,000 (unchanged). • Total issued shares: 827.69 million (Class A + Class B, unchanged month-on-month). • Total treasury shares: none.

Overall, TUHU’s equity structure remained stable in May 2026, with minor adjustments limited to lapses in outstanding employee equity awards and no impact on issued share count or cash position.

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