On September 26,格隆汇万国黄金集团(03939.HK) announced that the board of directors proposed to increase the company's authorized share capital from 0.1 billion Hong Kong dollars to 1 billion Hong Kong dollars by adding 9 billion unissued shares ("increase in authorized share capital", which will have the same rights as existing shares in all aspects at the time of issuance).

The proposed increase in authorized share capital will provide greater flexibility for the company's future investments and fundraising. It must be resolved by the shareholders in a general meeting of shareholders before it can be implemented. As of the date of this announcement, the company holds 0.828 billion issued shares and 0.172 billion authorized but unissued shares.The board of directors believes that increasing the authorized share capital is in the overall interest of the company and shareholders.