Nexchip Updates Articles of Association Following Vesting of 141,613 Restricted Shares

Bulletin Express

Sep 29

Nexchip Semiconductor Corporation announced that 141,613 restricted A shares granted under its 2023 Restricted Stock Incentive Plan have vested after meeting first-period performance conditions. China Securities Depository and Clearing Co., Ltd. (Shanghai Branch) completed the share-registration procedures, and the new shares began trading on 18 September 2026.

Following the vesting, registered capital rose by RMB0.14 million to RMB2.23 billion, and the overall share count increased to 2.23 billion. A-share capital expanded from 2.01 billion to 2.01 billion shares, while the H-share flotation remained unchanged at 227.05 million shares.

To reflect these changes, the Board approved amendments to Articles 6 and 20 of the Articles of Association on 29 September 2026. The Board acted under authority granted by shareholders at the company’s 2023 Second Extraordinary General Meeting, eliminating the need for additional shareholder approval.

Nexchip will complete the requisite regulatory filings with PRC authorities. The updated Articles of Association will be posted on the websites of the Hong Kong Stock Exchange and the Shanghai Stock Exchange once final regulatory confirmation is obtained.

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