CONTIOCEAN (02613) Announces Public Float at 22.73%, Below HKEX Requirement

Bulletin Express
Mar 04

ContiOcean Environment Tech Group Co., Ltd. (上海匯舸環保科技集團股份有限公司) (Stock Code: 02613) reported that its public float stands at approximately 22.73%, falling below the 25% threshold under the Listing Rules. According to the announcement dated 4 March 2026, 910,000 H shares—about 2.28% of the total issued shares—are held under a restricted share scheme and are therefore not included in the public float.

The total issued share capital of 40.00 million shares comprises 30.00 million unlisted domestic shares and 10.00 million H shares. The company is pursuing multiple measures to restore its public float, including the ongoing process of converting domestic shares to H shares, potential share grants under a restricted share scheme, share option exercises by non-core connected persons, and other equity financing plans that may be considered in line with market conditions. The company will provide further updates as appropriate and continues to advise shareholders and potential investors to exercise caution when dealing in its shares.

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