QINGDA ORIENTAL (08115.HK): Board Lot Size Changed from 4,000 to 500 H Shares, Effective 30 September
NewTimeSpace News: On 9 September 2026, Qingda Oriental Group Co., Ltd. (stock code: 08115) announced that the board lot size for trading its H shares on the GEM of the Stock Exchange would be changed from 4,000 H shares to 500 H shares per board lot, effective from 9:00 a.m. on 30 September 2026 (Wednesday).
According to the announcement, based on the closing price of HKD 5.10 per H share as quoted by the Exchange on the date of this announcement, the current market value of one board lot of 4,000 H shares is approximately HKD 20,400; after the change becomes effective, the corresponding market value of one board lot of 500 H shares will be approximately HKD 2,550. The board believes that the reduction in board lot value will lower the entry threshold for investors to purchase H shares, making them more attractive to investors, thereby facilitating trading in the H shares, improving liquidity and broadening the shareholder base. As the change will not create odd lots (other than those existing before the change becomes effective), no odd-lot arrangement for matching odd shares is required; the company also has no intention of implementing any other corporate action that could undermine the purpose of the change within the next 12 months.
Under the expected timetable, shareholders may exchange existing share certificates of 4,000-share board lots for new certificates of 500-share board lots free of charge from 16 September to 26 October 2026; parallel trading will be arranged on the effective date of 30 September, with the old counter and parallel trading ending at 4:10 p.m. on 22 October 2026. The company reminded shareholders and prospective investors to exercise caution when dealing in the H shares.
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