Asset Chain: March 2026 Share Capital Steady; HKD 311.30 million Convertibles Could Add 2.19 billion Shares

Bulletin Express
Apr 01

Asset Chain Limited (stock code 00616) reported no changes in its share capital structure for March 2026. Authorised share capital remained at 40.00 billion ordinary shares with a par value of HKD 0.01, representing HKD 400.00 million in authorised capital.

Issued share capital also stayed flat at 1.87 billion ordinary shares; the company held no treasury shares. Asset Chain confirmed its public float exceeded the Main Board’s minimum 25% threshold as at 31 March 2026.

Convertible instruments outstanding:

1. 2023 Convertible Note • Principal outstanding: HKD 24.50 million • Conversion price: HKD 0.05 per share • Shares still convertible: 490.00 million

2. 2025 Convertible Note (issued 15 January 2026) • Principal: HKD 286.80 million • Conversion price: HKD 0.169 per share • Shares available on full conversion: 1.70 billion

Total potential new shares from both notes stand at 2.19 billion, more than the current issued base. No share options, warrants, or other equity-linked instruments were outstanding or exercised during the month, and the company executed no share repurchases or cancellations.

All transactions referenced were authorised by the board and complied with Hong Kong Listing Rules and relevant regulations.

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