Hong Kong–listed mobile-game developer XD Inc. filed its monthly return for the period ended 30 September 2026, disclosing a marginal increase in issued share capital following the exercise of employee share options.

Key developments

1. Issued share capital • New shares: 15,200 ordinary shares were issued under the Share Option Plan adopted on 25 June 2021. • Outstanding total: Issued shares (excluding treasury shares) rose to 483.90 million from 483.88 million a month earlier, a 0.003% increase. • Treasury shares: The company held no treasury shares at month-end.

2. Authorised capital unchanged • Authorised share capital remained at 1.00 billion ordinary shares with a par value of USD 0.0001 each, equivalent to USD 0.10 million.

3. Share-based incentives • Options exercised: 15,200 units converted into new shares. • Options lapsed: 82 units. • Options outstanding: 14.05 million, representing a potential future dilution of roughly 2.9% of the current issued share base. • Cash inflow: HKD 0.20 million raised from option exercises during the month. • Remaining issuable shares under the plan: 14.05 million, with a further 28.88 million shares available for grant.

4. Share repurchase status • The company recorded 3.60 million shares previously repurchased on 28 May 2026 that remain pending cancellation, with no impact on the September net share count.

5. Public float compliance • XD Inc. confirmed adherence to the Hong Kong Stock Exchange’s minimum 25% public float requirement as at 30 September 2026.

Implications

September’s activity had an immaterial effect on share capital, adding only 0.00 billion shares to the register. While outstanding options could translate into additional dilution if fully exercised, current movements show a disciplined approach to equity issuance. The pending cancellation of 3.60 million repurchased shares, once completed, would offset part of any incremental dilution, marginally reducing the share base below current levels.