GUMING Adopts Alternative Public-Float Threshold, Public Stake Valued at HK$16.37 Billion

Bulletin Express06-03

Guming Holdings Limited (GUMING) announced that its board resolved on 3 June 2026 to switch from the Initial Prescribed Threshold to the Alternative Threshold for meeting Hong Kong’s minimum public-float requirement, effective immediately.

Under Rule 13.32B of the Listing Rules, the Alternative Threshold mandates that the market value of shares held by the public must be at least HK$1.00 billion and represent no less than 10% of the issuer’s total issued shares (excluding treasury shares).

As of the latest practicable date (2 June 2026), GUMING’s public float stands at approximately 26.04%, with a market value of about HK$16.37 billion—comfortably exceeding both Alternative Threshold criteria.

The board stated that adopting the Alternative Threshold provides greater flexibility for future capital-management transactions such as share repurchases. The company will continue to disclose public-float levels in its monthly returns and annual reports and monitor compliance on an ongoing basis.

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