XH NEWS MEDIA Lifts Issued Share Base to 2.08 Billion via HK$0.033 Placement; Authorised Capital Unchanged

Bulletin Express
Jun 04

XH NEWS MEDIA (Xinhua News Media Holdings Ltd.) filed its resubmitted monthly return for the period ended 31 May 2026, detailing a sizeable equity placement that expanded the company’s issued share count while leaving its authorised capital intact. Key points are outlined below.

Strategic Placement Boosts Issued Shares • Issued shares (excluding treasury shares) rose by 153.00 million to 2.08 billion, reflecting a 7.92 % month-on-month increase. • The shares were placed on 27 May 2026 at HK$0.033 apiece, implying gross proceeds of approximately HK$5.05 million. • No treasury shares were held or cancelled, and the company confirmed full compliance with Hong Kong’s public-float requirements.

Capital Structure Snapshot • Authorised capital remained at 4.00 billion ordinary shares with a par value of HK$0.01, equivalent to HK$40.00 million. • Post-placement, 52.10 % of the authorised share pool has been issued (2.08 billion out of 4.00 billion).

Share Option Scheme Update • Outstanding share options under the 25 September 2015 scheme fell by 200,000 to 56.64 million due to lapses during the month. • No new shares were issued and no treasury shares were transferred under the option plan.

Regulatory Compliance • The company’s filing confirms that all listing-rule conditions were met, all proceeds were duly received, and the class of shares remains identical in rights and ranking. • Public-float compliance is explicitly affirmed, maintaining at least the 25 % threshold stipulated by Main Board Rule 13.32B.

The latest equity movements strengthen XH NEWS MEDIA’s capital base without altering its overall authorised capacity, positioning the company with added flexibility for future corporate actions.

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