SINOHEALTH HLDG(02361.HK): Public Float Stands at Approximately 15.46%, Still Below the Mandatory 25% Threshold

NewTimeSpace News: Sinohealth Holdings Limited (02361.HK) issued a voluntary announcement dated 6 July 2026. As at the date of this announcement, the Company’s public float was approximately 15.46%, lower than the statutory minimum threshold of 25% set out in Listing Rule 13.32B(1), and down from roughly 16.45% as at June 2026.

The decrease was attributable to the lapse of 4.4725 million share awards following the resignation of relevant employees. Such shares represent about 0.99% of the total issued share capital and are held by the trustee, thus excluded from the calculation of public float.

The Company intends to restore compliance with the public float requirement via the following measures: granting share awards of not less than 2% of the total share capital to non-core connected persons annually within the next three years; expanding the issued share capital through equity financing; and/or encouraging major shareholders to dispose of part of their shareholdings to independent third parties. The Company expects to meet the public float threshold prescribed under the Listing Rules by the end of June 2027.

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