Bairong Inc. reports increase in issued shares for August 2025

Bairong Inc. announced an increase of 72,246 WVR ordinary shares (Type B) during August 2025, bringing the total number of issued shares (excluding treasury shares) to 393,546,794. The company's total authorized/registered share capital at the end of the month stands at $50,000, comprising 2,000,000,000 WVR ordinary shares (Type B) and 500,000,000 WVR ordinary shares (Type A), both with a par value of $0.00002 each.

The increase in issued WVR ordinary shares (Type B) is primarily due to the exercise of share options. Specifically, 67,246 new shares were issued from options under the share incentive plan adopted on August 26, 2019, while another 5,000 new shares were issued from the post-IPO share option scheme adopted on March 16, 2021. Funds raised from the exercise of options during the month amounted to RMB 57,266.49.

As of August 31, 2025, a total of 4,265,973 share options remain outstanding under the 2019 plan, and 38,217,400 options under the 2021 scheme. Additionally, 1,168,500 share options are outstanding under the 2024 Share Scheme adopted on June 21, 2024, with 47,934,496 shares available for future issuance under this scheme.