For the month ended 31 July 2026, GigaDevice Semiconductor Inc. (A-shares: Shanghai 603986; H-shares: HKEX 03986) reported a marginal contraction in registered share capital following the repurchase and cancellation of restricted shares granted under its 2021 Restricted Share Incentive Plan.
Key developments • Share capital reduced by 4,565 A-shares on 9 July 2026, trimming total issued shares to 701.75 million—comprising 668.49 million A-shares and 33.25 million H-shares. The decrease represents approximately 0.0007% of the A-share base. • Registered share capital now stands at RMB 701.75 million, matching the updated share count given the RMB 1 par value per share. • No changes occurred in H-share issuance or treasury-share balances during the month.
Equity incentive schemes • 2023 Stock Option Incentive Plan: 4.52 million options outstanding; no exercises in July. • 2024 Stock Option Incentive Plan: 3.89 million options outstanding; no exercises in July. • No new share options, warrants, convertibles or other equity-linked instruments were issued.
Public-float status • HK-listed H-shares maintained a public-float ratio of 4.74%, comfortably above the HK$1 billion market-value threshold required for PRC issuers under HKEX rules.
Corporate governance • The company affirmed compliance with all relevant listing rules, regulatory requirements and corporate approvals for the July share movements.
The July activity concludes the cancellation of the final tranche of restricted shares from the 2021 plan, leaving no treasury shares on the balance sheet and preserving GigaDevice’s compliance with Hong Kong’s public-float requirements.
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