Shenzhen Zhaowei Machinery & Electronics Co., Ltd. (ZHAOWEI; HKEX: 02692, SZSE: 003021) has released its Monthly Return for the period ended 30 September 2026, detailing simultaneous reductions in H-share float through buybacks and a modest expansion of A-share capital via option exercises.

Key Highlights

1. Share Capital Structure • Authorised / registered share capital remained unchanged at RMB 267.94 million, split between 26.75 million H shares and 241.19 million A shares, each with a par value of RMB 1.00. • Issued H shares (excluding treasury) fell 3.07 % month-on-month to 25.93 million following share repurchases. • Issued A shares (excluding treasury) rose 0.15 % to 241.19 million, driven by option exercises.

2. H-Share Buyback Activity • Twelve on-market repurchases were executed between 9–24 September 2026 at prices ranging from HKD 37.19 to HKD 38.99 per share. • Total shares repurchased: 822,400, now held as treasury stock. • Aggregate consideration: approximately HKD 31.13 million. • Treasury shares accounted for 3.07 % of total issued H shares as of 30 September 2026, leaving 25.93 million H shares in public hands. • ZHAOWEI confirmed ongoing compliance with the Hong Kong Stock Exchange’s minimum 5 % public-float requirement.

3. A-Share Option Exercises • Under the 2024 Share Option Scheme (exercise price: RMB 42.04), 394,850 new A shares were issued, increasing the A-share count to 241.19 million. • Gross proceeds from option exercises totaled RMB 16.60 million. • Post-exercise, 205,700 options remain outstanding under the scheme.

4. Other Movements • An additional 24,800 A shares were repurchased and immediately cancelled on 4 September 2026 at RMB 21.35 per share. • No new warrants, convertible securities, or other equity-linked instruments were issued during the month.

5. Capital Position Snapshot (30 September 2026) • Total issued shares: 267.94 million (A shares: 241.19 million; H shares: 26.75 million). • Treasury stock: 822,400 H shares. • No change in authorised capital during the month.

Conclusion September saw ZHAOWEI actively manage its capital structure by returning approximately HKD 31.13 million to shareholders through H-share buybacks while modestly expanding its A-share base via option exercises. Despite the reduction in outstanding H shares, the company affirmed that it continues to meet the Hong Kong Exchange’s public-float requirements.