Sino-Ocean Group Holding Limited disclosed that it has increased its issued share capital through the mandatory conversion of two tranches of zero-coupon convertible bonds placed in March 2025.

On 25 August 2026, 2.08 million Class B bonds and 0.20 million Class C bonds were converted into ordinary shares, adding a total of 2.28 million new shares to the company’s equity base. The Class B conversion was executed at HKD 5.74 per share, while the Class C notes converted at HKD 17.26 per share.

As a result, Sino-Ocean Group’s outstanding share count rose from 12.67 billion to 12.67 billion, representing an incremental increase of approximately 0.02% of pre-conversion issued shares. No treasury shares were created or cancelled, and the company confirmed full compliance with all Hong Kong Stock Exchange listing and regulatory requirements.

The conversions are linked to the zero-coupon mandatory convertible bonds due 2027 that were originally issued on 27 March 2025. With these latest conversions, the outstanding issued share capital of Sino-Ocean Group now stands at 12.67 billion shares.