MEIG Reports Marginal Equity Increase on Option Exercises; Confirms Public Float Compliance

Bulletin Express11-04 17:21

MeiG Smart Technology Co., Ltd. (abbrev. “MEIG”) has filed its Monthly Return for the period ended 31 October 2026, detailing modest movements in its share capital driven solely by employee stock-option exercises.

Authorised and Registered Capital • Total authorised share capital closed the month at RMB 302.44 million, unchanged in aggregate. • H-share authorisation remained flat at 40.25 million shares with a par value of RMB 1 each. • A-share authorisation rose by 16,200 shares to 262.19 million shares, maintaining the RMB 1 par value.

Issued Share Capital • Issued H shares were stable at 40.25 million; no treasury shares are held. • Issued A shares increased by 16,200 to 262.19 million, reflecting option exercises under the 2024 Stock Option Incentive Plan. • No treasury shares were created or cancelled during the month.

Share Option Activity • Under the 2024 Stock Option Incentive Plan, 16,200 options were exercised, reducing outstanding options to 1.06 million. • The exercise generated RMB 0.34 million in proceeds.

Public Float Status • MEIG affirmed compliance with the Hong Kong Stock Exchange’s minimum 5% public-float requirement for its H shares as of 31 October 2026.

No warrants, convertibles, additional share-issue agreements, or other equity movements were reported for the month.

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