Global New Material Maintains 1.25 Billion Issued Shares in June; Convertible Bonds Allow for Future Expansion

Bulletin Express
Jul 02

Global New Material International Holdings Limited reported no changes to its share capital structure for the month ended 30 June 2026, according to its latest monthly return filed with Hong Kong Exchanges and Clearing Limited on 2 July 2026.

Authorised and issued share capital • Authorised share capital remained at 80.00 billion ordinary shares with a par value of HKD 0.10 each, representing total authorised capital of HKD 8.00 billion. • Issued share capital was unchanged at 1.25 billion ordinary shares; the company held no treasury shares. • The public-float level continued to satisfy the Main Board’s 25 % minimum free-float requirement.

Equity incentive schemes • The Post-IPO Share Option Scheme showed no option grants, exercises or cancellations during the month. • Outstanding options stood at zero, while the scheme still permits issuance of up to 116.27 million shares, indicating capacity for future equity-linked incentives without current dilution.

Convertible bonds—potential dilution • RMB-denominated CBs (issued 30 Dec 2022): RMB 300 million outstanding, convertible at RMB 7.60 per share, equivalent to 43.82 million shares. • HKD-denominated CBs (issued 6 Jan 2026): HKD 1.00 billion outstanding, convertible at HKD 10.19 per share, equivalent to 98.14 million shares. • No conversions occurred in June, leaving total potential dilution at up to 141.95 million shares, or roughly 11.4 % of current issued share capital.

Overall status During June 2026, Global New Material executed no share issuances, repurchases, or transfers. With its authorised headroom, unexercised option pool, and outstanding convertible bonds, the company retains significant flexibility for future capital management while maintaining regulatory compliance on public float.

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