Dynagreen Environmental Trims A-Share Base by 0.02% in August; H-Share Float Meets Exchange Threshold

Bulletin Express
Sep 04

Dynagreen Environmental Protection Group Co., Ltd. reported marginal changes in its share capital for the month ended 31 August 2026, driven by a small-scale A-share repurchase and a limited conversion of outstanding convertible bonds.

Total registered capital • Closing registered capital stood at RMB 1.43 billion, comprising 404.36 million H shares and 1.03 billion A shares. • The A-share register contracted by 179,655 shares to 1,026.05 million, reflecting a 0.02% month-on-month decrease; the H-share register was unchanged.

A-share repurchase and cancellation • On 25 August 2026, the company cancelled 180,000 A shares previously repurchased at RMB 2.972125 per share, following shareholder approval granted on 10 June 2026. • The cancellation equates to roughly RMB 0.53 million spent and accounts for nearly the entire reduction in issued A shares during the month.

Convertible bond activity • Dynagreen’s Shanghai-listed A-share convertible corporate bonds declined by RMB 3.00 million to RMB 2.36 billion. • Bondholders converted RMB 3.00 million worth of bonds into 345 new A shares. • Post-conversion, 272.19 million A shares remain issuable, equivalent to 26.52% of the current A-share base, creating a sizeable potential source of future dilution.

Issued-share profile at 31 August 2026 • H shares: 404.36 million (no change). • A shares: 1,026.05 million (net decrease of 179,655 shares). • Total issued shares: 1,430.41 million.

Public-float compliance • The company confirmed full compliance with the Hong Kong Stock Exchange’s minimum public float requirement for its H shares.

No movements were recorded in respect of share options, warrants, treasury shares, or Hong Kong Depositary Receipts during the month.

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