BIREN TECH issues 153 million new H shares via HK$7.07 billion placement, lifting total share base to 2.59 billion

Bulletin Express08-06

Shanghai Biren Technology Co., Ltd. (BIREN TECH) disclosed its Monthly Return for the period ended 31 July 2026, highlighting a sizeable expansion of its Hong Kong-listed share capital.

Key transaction • On 8 July 2026, the company issued and allotted 153.00 million new H shares under a general mandate, following a placing agreement dated 4 July 2026 and shareholder approval on 15 June 2026. • The placing price was HK$46.20 per share, implying gross proceeds of roughly HK$7.07 billion.

Capital structure after the issue • Authorised / registered H shares increased from 1.20 billion to 1.35 billion; par value remains RMB 0.02 per share. • Domestic share authorisation was unchanged at 1.24 billion. • Total authorised share capital across all classes rose to RMB 51.84 million (2.59 billion shares).

Issued shares • H shares in issue climbed 12.7% month-on-month to 1.35 billion. • Domestic shares in issue stayed at 1.24 billion. • Consolidated issued share count now stands at 2.59 billion shares; no treasury shares are held.

Public float and share schemes • The company confirmed compliance with the Hong Kong Stock Exchange’s minimum 10% public-float requirement. • No share options were granted or exercised in July; the H Share Option Scheme still allows up to 243.89 million shares (10% of current issued capital) to be issued. • No movements occurred under the H Share Incentive Scheme, and the company did not hold, transfer or cancel any treasury shares during the month.

Financial implication Based on the disclosed placing price, the 153.00 million new H shares equate to an estimated HK$7.07 billion in gross proceeds, strengthening BIREN TECH’s capital base and expanding market liquidity without diluting public-float compliance.

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