Tianqi Lithium Slightly Reduces A-Share Count in August; 49.51 Million H-Share Conversion Capacity Remains

Bulletin Express09-02 17:03

For the month ended 31 August 2026, Tianqi Lithium Corporation (TIANQI LITHIUM) reported a marginal adjustment to its share structure, driven by a targeted A-share buy-back, while maintaining a stable H-share base and confirming full compliance with Hong Kong’s public-float requirements.

Registered Share Capital • Total registered share capital stood unchanged at 1.71 billion shares (RMB 1.71 billion). • H shares: 236.15 million, flat versus July. • A shares: 1.48 billion after a reduction of 113,113 shares, equivalent to a 0.01% contraction.

A-Share Repurchase and Cancellation • On 19 August 2026, Tianqi repurchased and immediately cancelled 113,113 A shares at RMB 16.71 per share, following shareholder approval on 29 June 2026. • Cash outlay for the repurchase totalled roughly RMB 1.89 million (USD-equivalent not disclosed).

Issued Shares and Public Float • Post-repurchase, total issued shares comprise 1.48 billion A shares and 236.15 million H shares; no treasury shares are outstanding. • The company affirmed that its H-share public float remains above the 5% minimum required for PRC issuers listed in Hong Kong.

Convertible Bonds • Tianqi’s USD-settled zero-coupon convertible bonds due 2027 carry an outstanding principal of RMB 2.28 billion, unchanged during August. • The instruments are convertible at HKD 51.85 per H share, representing potential issuance of up to 49.51 million new H shares.

Other Equity Instruments • The company has no outstanding share options, warrants, or Hong Kong Depositary Receipts, and reported no treasury-share movements during the month.

The modest A-share cancellation reflects ongoing capital-management activity, while the sizeable unconverted convertible bond pool offers an additional source of equity if exercised before maturity.

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