China Carbon Neutral Development Group Adds 99.59 Million Shares in June; Public Float Remains Adequate

Bulletin Express
Jul 02

China Carbon Neutral Development Group Limited disclosed in its Monthly Return to Hong Kong Exchanges and Clearing (HKEX) that the company increased its issued share capital by 99.59 million ordinary shares during June 2026, taking total issued shares (excluding treasury shares) to 980.48 million as at 30 June 2026. No treasury shares were held.

Authorised Capital • Authorised share capital was unchanged at 10.00 billion ordinary shares with a par value of HKD 0.01 each, equivalent to HKD 100.00 million.

Issued Share Movements • Opening balance (31 May 2026): 880.89 million shares. • Closing balance (30 Jun 2026): 980.48 million shares. • Net monthly increase: 99.59 million shares, representing an 11.3% expansion.

Key Issuance Drivers 1. Share placement/subscription (17 Jun 2026): 96.59 million new shares issued at HKD 0.80 apiece. 2. Share-option exercise (2016 Share Option Scheme): 3.00 million shares issued at an exercise price of HKD 0.262, generating HKD 0.79 million in proceeds. 3. Convertible bonds: HKD 57.66 million in zero-coupon convertible bonds were converted in full, eliminating the outstanding balance and leaving 205.93 million shares available for potential future issuance under the instrument.

Outstanding Equity Instruments • Share options: 69.29 million options remained outstanding, comprising 64.29 million under the 2025 scheme (exercise price: HKD 0.966; exercise period to 13 May 2036) and 5.00 million under the 2016 scheme (exercise price: HKD 0.262; exercise period to 22 Jan 2028). • No warrants, HDRs, or treasury shares were reported.

Public Float Compliance The company confirmed compliance with HKEX Main Board Rule 13.32D(1), maintaining at least the 25% public float threshold as of 30 June 2026.

Filing Details The Monthly Return (Form FF301) was submitted on 2 July 2026 and signed by Director Ms. Chen Yonglan, affirming adherence to all applicable listing and regulatory requirements.

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