WENGE AI (01956.HK): Board lot for H shares changed from 200 shares to 50 shares, effective 2 October

NewTimeSpace News: On 10 September 2026, Beijing Zhongke Wenge AI Science and Technology Co., Ltd. (stock code: 01956) announced that the board lot for its H shares of RMB 1.00 each traded on the Main Board of the Stock Exchange will be changed from 200 H shares to 50 H shares with effect from 9:00 a.m. on 2 October 2026.

According to the announcement, the H shares are currently traded in board lots of 200 H shares. The board considers that reducing the number of shares per board lot will lower the minimum transaction amount per board lot, thereby enhancing the convenience of trading and market liquidity of the H shares and broadening the company's shareholder base. Based on the closing price of HKD 77.65 per H share as reported by the Stock Exchange on the date of the announcement, the market value of a board lot was HKD 15,530 before the change and HKD 3,882.5 after the change. The company stated that the change will not result in any variation in shareholders' relative rights, will not give rise to odd lots of H shares and requires no odd lot arrangements.

According to the expected timetable, the first day for free exchange of share certificates with a board lot of 200 H shares for new certificates with a board lot of 50 H shares is 17 September 2026, the last day for trading H shares in the old board lot on the existing counter is 30 September 2026, and parallel trading will run from 2 October 2026 to 4:10 p.m. on 23 October 2026, with the last day for free exchange being 4:30 p.m. on 27 October 2026; after the period, a fee of HKD 2.50 (or such higher amount permitted by the Stock Exchange) will be charged for each certificate, and new certificates are expected to be available within ten business days of surrender. 

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