CHINA NEXT-GEN (03928) Announces 16.00 Million New Shares Issued in February 2026

Bulletin Express03-06 16:45

CHINA NEXT-GEN Commerce and Supply Chain Limited reported that, as of 28 February 2026, its authorised share capital remained at HKD 10.00 million, corresponding to 1.00 billion ordinary shares at HKD 0.01 par value each. During the month, the total number of issued shares increased from 480.00 million to 496.00 million through the issuance of 16.00 million ordinary shares on 25 February 2026 under a placing agreement dated 10 February 2026.

The company confirmed that its public float remains above the 25.00% threshold. In addition, under the share option scheme adopted on 23 August 2019, 48.00 million shares may be issued if outstanding options are exercised, with no new shares exercised during the month. No treasury shares were held or cancelled. The company continues to maintain its authorised share capital at HKD 10.00 million.

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