CNGR issues 2.21 million A-shares under 2023 restricted share plan, lifting issued share base to 910.41 million

Bulletin Express
Jul 06

CNGR Advanced Material Co., Ltd. (CNGR, HKEx: 02579; SZSE: 300919) disclosed that 2.21 million new A-shares were issued on 6 July 2026 following the vesting of awards granted under the company’s 2023 Restricted Share Incentive Scheme.

• Breakdown of allotment – Directors received 80,186 A-shares. – Other scheme participants received 2.13 million A-shares.

• Pricing and proceeds – Issue price: RMB 19.86 per share. – Corresponding proceeds: approximately RMB 43.94 million.

• Capital structure impact – Issued A-shares (excluding treasury shares) rose 0.24 % from 908.20 million to 910.41 million. – Treasury share balance remained unchanged at 29.83 million. – Total shares in issue (including treasury stock) increased to 940.24 million.

• Additional information – No share repurchases, redemptions or on-market disposals of treasury shares were recorded during the period. – The board confirmed that the share issuance complied with all applicable listing rules and regulatory requirements.

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