Huisheng Intl Implements 1-for-8 Share Consolidation, Cutting Issued Shares to 138.43 Million

Bulletin Express
Aug 03

Huisheng International Holdings Limited (Huisheng Intl) has filed its Monthly Return for the period ended 31 July 2026, detailing the completion of a capital reorganisation centred on a 1-for-8 share consolidation that took effect on 10 July 2026 following shareholder approval on 8 July 2026.

Key developments

1. Authorised share capital unchanged; share denomination adjusted • Pre-consolidation: 1.50 billion ordinary shares at HKD 0.01 each, equal to authorised capital of HKD 15.00 million. • Post-consolidation: 187.50 million ordinary shares at HKD 0.08 each, maintaining the authorised capital at HKD 15.00 million.

2. Issued share base significantly reduced • End-June 2026: 1.11 billion issued shares. • Adjustment during July 2026: –968.98 million shares. • End-July 2026: 138.43 million issued shares, fully reflecting the 1-for-8 consolidation. No treasury shares were held or cancelled during the month.

3. Public float remains compliant • Post-consolidation public float continues to meet the Main Board’s 25 percent minimum requirement, as confirmed by the company.

4. No dilutive instruments outstanding • The July return shows zero outstanding share options, warrants, or convertible securities, and no new shares were issued under any schemes. • No funds were raised during the month.

Implications

The consolidation aligns Huisheng Intl’s capital structure by increasing the par value per share to HKD 0.08 while proportionally reducing the number of shares in issue. This move typically aims to improve trading liquidity and share price perception without altering overall shareholder equity. The company’s confirmation of public-float compliance signals adherence to Hong Kong Stock Exchange requirements, and the absence of outstanding options or warrants suggests limited near-term dilution risk.

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