Kingsoft Sees Stable Share Base in September 2026; 8.28 Million Options Remain Outstanding

Bulletin Express
2 hours ago

Kingsoft Corporation Limited (Kingsoft) filed its Monthly Return for Equity Issuer for the period ended 30 September 2026, confirming that both authorised and issued share capital were unchanged during the month.

Authorised and Issued Capital • Authorised share capital stood at 2.40 billion ordinary shares with a par value of USD 0.0005 each, equivalent to USD 1.20 million. • Issued share count remained at 1.37 billion ordinary shares. No new shares were issued, and no shares were held or cancelled as treasury stock. • Kingsoft affirmed compliance with the Hong Kong Stock Exchange’s minimum 25% public-float requirement.

Equity Incentive Arrangements • Share options outstanding totalled 8.28 million across three schemes: – 2.53 million options exercisable at HKD 20.25 (approved 9 Dec 2011). – 5.50 million options exercisable at HKD 31.69 (approved 9 Dec 2021). – 0.25 million options exercisable at HKD 23.48 under the 2024 Share Scheme (approved 23 May 2024). • No options were exercised in September, leaving the issued-share count unaffected and generating no option-related cash inflow. • The 2024 Share Scheme still allows for the future issue of up to 133.67 million additional shares, representing potential dilution of roughly 9.7% of current issued capital if fully granted and exercised.

Share Award Scheme • Two outstanding grants under the amended 2008 Share Award Scheme could result in the issue of a further 23,800 shares.

Financing and Liquidity • No warrants, convertible securities, or other equity-linked instruments were issued or outstanding during the month. • With no share issuances, repurchases, or treasury share activity, Kingsoft’s capital structure and cash position tied to equity transactions remained unchanged.

Regulatory Compliance • The company’s board confirmed that all listings, option schemes, and share award arrangements comply with Hong Kong listing rules and relevant legal requirements.

Overall, Kingsoft closed September 2026 with a steady share count, full public-float compliance, and material headroom for future equity issuance primarily via its 2024 Share Scheme.

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