Hainan Drinda (02865) Announces Unchanged Share Capital and Adjustments to Share Option Schemes in November 2025

Bulletin Express12-04

Hainan Drinda New Energy Technology Co., Ltd. (stock code: 02865), listed in Hong Kong, disclosed that for the month ended 30 November 2025, total authorised share capital remained at RMB 292,584,052. The balance of 63,432,300 H shares (authorised and issued) and 229,151,752 A shares (authorised and issued) showed no changes from the previous month.

Issued shares and treasury share balances also remained unchanged. The H shares stood at 63,432,300 outstanding with no treasury shares; and the A shares remained at 227,415,576 outstanding and 1,736,176 held as treasury. No new funds were raised throughout the month.

Regarding share options under its employee incentive plans, certain previously granted options under the 2021 and 2022 schemes were fully cancelled. Meanwhile, the 2023-B scheme saw a partial cancellation, leaving 321,900 share options outstanding. The 2023-A scheme maintained 919,039 share options in place after allotment. No conversions or exercises were recorded during the period, resulting in no net increase or decrease in share capital or treasury shares.

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