PATEO Maintains Stable Share Base in October 2026; Public Float Meets 15% Threshold

Bulletin Express11-04

PATEO CONNECT Technology (Shanghai) Corporation (PATEO) filed its Monthly Return for Equity Issuer for the period ended 31 October 2026, confirming that no changes occurred in its share capital structure during the month.

Registered and Issued Capital • H shares: 87.71 million ordinary H shares at RMB 1 par value; no change from the prior month. • Domestic shares: 78.99 million ordinary shares at RMB 1 par value; unchanged. • Total registered share capital therefore remains at RMB 166.71 million.

Public Float Compliance PATEO affirmed that its H-share public float continues to meet the initial prescribed minimum threshold of 15% of total issued H shares as required by Hong Kong Listing Rules.

Share Options The Pre-IPO Share Option Scheme, approved on 4 August 2025, shows: • 5.29 million options outstanding at month-end, identical to the prior month. • No options were exercised or lapsed; consequently, no new shares were issued and no treasury shares were transferred. • Up to 5.29 million shares remain issuable upon full exercise of outstanding options.

Treasury Shares, Warrants and Convertibles The company held zero treasury shares throughout the month, and reported no warrants, convertible securities, or other equity-linked instruments.

Regulatory Confirmation Director Ying Zhenkai certified that all relevant listing rule requirements and legal obligations have been duly observed, and all funds due to the company in respect of any securities transactions have been received.

Overall, PATEO’s October filing reflects a stable capital structure with full compliance on public float and regulatory fronts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment