Billion Industrial executes 2-for-1 share consolidation; issued share capital cut to 1.06 billion shares

Bulletin Express10-14

On 14 October 2026, Billion Industrial Holdings Limited completed a share consolidation in which every two existing shares were combined into one consolidated share. The move reduced the company’s issued share capital by 50%, from 2.11 billion ordinary shares to 1.06 billion shares.

Ahead of the consolidation, the company repurchased a total of 736,000 shares on the open market between 19 August and 13 October 2026 at prices ranging from HKD 5.30 to HKD 5.75 per share, representing a volume-weighted average repurchase price of approximately HKD 5.56. These shares, which remain uncancelled, equate to about 368,000 consolidated shares—roughly 0.04% of the post-consolidation share base.

The board confirmed that all actions were duly authorised and carried out in accordance with Hong Kong listing rules and other applicable regulations.

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