Flowing Cloud Technology Ltd — Share Issue/Capital Change 2026

Jan 13, 2026

FF301

HKEX

香港交易所

Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B of the Exchange Listing Rules on Movements in Securities

For the month ended: 31 December 2025

Status: Resubmission

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer: Flowing Cloud Technology Ltd (Incorporated in the Cayman Islands with limited liability)

Date Submitted: 13 January 2026

I. Movements in Authorised / Registered Share Capital

1. Class of shares	Ordinary shares		Type of shares	Not applicable			Listed on the Exchange (Note 1)		Yes
Stock code (if listed)	06610		Description
		Number of authorised/registered shares			Par value			Authorised/registered share capital
Balance at close of preceding month		5,000,000,000			USD	0.00001		USD	50,000
Increase / decrease (-)		-4,750,000,000						USD
Balance at close of the month		250,000,000			USD	0.0002		USD	50,000

Total authorised/registered share capital at the end of the month: USD 50,000

Remarks:

Every twenty (20) issued and unissued ordinary shares with par value of US$0.00001 each in the share capital of the Company be consolidated into one (1) Consolidated Share with par value of US$0.0002 each, of which became effective from 5 December 2025. For further details, please refer to the circular of the Company dated 17 November 2025.

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II. Movements in Issued Shares and/or Treasury Shares

1. Class of shares	Ordinary shares		Type of shares	Not applicable		Listed on the Exchange (Note 1)		Yes
Stock code (if listed)	06610		Description
		Number of issued shares (excluding treasury shares)			Number of treasury shares		Total number of issued shares
Balance at close of preceding month		2,600,575,200			1,182,000		2,601,757,200
Increase / decrease (-)		-2,470,546,440			-1,122,900
Balance at close of the month		130,028,760			59,100		130,087,860

Remarks:
Every twenty (20) issued and unissued Shares of the Company with par value of US$0.00001 each be consolidated into one (1) Consolidated Share with par value of US$0.0002 each, of which became effective from 5 December 2025. For further details, please refer to the circular of the Company dated 17 November 2025.

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III. Details of Movements in Issued Shares and/or Treasury Shares

(A). Share Options (under Share Option Schemes of the Issuer)

1. Class of shares		Ordinary shares		Type of shares		Not applicable			Listed on the Exchange (Note 1)			Yes
Stock code (if listed)		06610		Description
Particulars of share option scheme		Number of share options outstanding at close of preceding month	Movement during the month				Number of share options outstanding at close of the month		Number of new shares issued during the month pursuant thereto (A1)	Number of treasury shares transferred out of treasury during the month pursuant thereto (A2)	Number of shares which may be issued or transferred out of treasury pursuant thereto as at close of the month	The total number of shares which may be issued or transferred out of treasury upon exercise of all share options to be granted under the scheme at close of the month
1).	Share option scheme adopted on 8 September 2022 (Date of grant: 14 July 2023 Exercise price: adjusted from HK $1.78 to HK$35.6)	29,590,000	Lapsed		-160,000		1,471,500			882,900	5,425,150
			Others		-27,958,500
			The adjustments to the Outstanding Share Options were to be made upon the Share Consolidation taking
General Meeting approval date (if applicable) 08 September 2022

Increase in issued shares (excluding treasury shares): _______ Ordinary shares (AA1)

Decrease in treasury shares: _______ Ordinary shares (AA2)

Total funds raised during the month from exercise of options: USD 0

Remarks:

The exercise price of the outstanding Share Options granted by the Company on 14 July 2023 adjusted from HK$1.78 to HK$35.6 after the Share Consolidation became effective from 5 December 2025. For further details, please refer to the circular of the Company dated 17 November 2025.

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(B). Warrants to Issue Shares of the Issuer
Not applicable
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(C). Convertibles (i.e. Convertible into Shares of the Issuer)
Not applicable
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(D). Any other Agreements or Arrangements to Issue Shares of the Issuer, including Options (other than Share Option Schemes)
Not applicable
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(E). Other Movements in Issued Shares and/or Treasury Shares

1. Class of shares		Ordinary shares		Type of shares		Not applicable			Listed on the Exchange (Note 1)			Yes
Stock code (if listed)		06610		Description
Events	At price (if applicable)		Date of event (Note 2)	General Meeting approval date (if applicable)	Increase/ decrease (-) in issued shares (excluding treasury shares) during the month pursuant thereto (E1)	Increase/ decrease (-) in treasury shares during the month pursuant thereto (E2)	Number of shares redeemed or repurchased for cancellation but not yet cancelled as at close of the month (Note 3)
										Currency	Amount
1).	Capital reorganisation					05 December 2025	03 December 2025	-2,470,546,440	-1,122,900

Increase/ decrease (-) in issued shares (excluding treasury shares): -2,470,546,440 Ordinary shares (EE1)

Increase/ decrease (-) in treasury shares: -1,122,900 Ordinary shares (EE2)

Remarks:

The exercise price of the outstanding Share Options granted by the Company on 14 July 2023 adjusted from HK$1.78 to HK$35.6 after the Share Consolidation became effective from 5 December 2025. For further details, please refer to the circular of the Company dated 17 November 2025.

Total increase/ decrease (-) in issued shares (excluding treasury shares) during the month (i.e. Total of AA1 to EE1): -2,470,546,440 Ordinary shares

Total increase/ decrease (-) in treasury shares during the month (i.e. Total of AA2 to EE2): -1,122,900 Ordinary shares

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IV. Information about Hong Kong Depositary Receipt (HDR) Not applicable

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V. Confirmations Not applicable

Submitted by: Wang Lei

Title: Executive Director, Chairman of the Board and Chief Executive Officer
(Director, Secretary or other Duly Authorised Officer)

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Notes

1. The Exchange refers to The Stock Exchange of Hong Kong Limited.
2. In the case of repurchase of shares (shares repurchased and cancelled) and redemption of shares (shares redeemed and cancelled), "date of event" should be construed as "cancellation date".

In the case of repurchase of shares (shares held as treasury shares), "date of event" should be construed as "date on which shares were repurchased and held by the issuer in treasury".

1. The information is required in the case of repurchase of shares (shares repurchased for cancellation but not yet cancelled) and redemption of shares (shares redeemed but not yet cancelled). Please state the number of shares repurchased or redeemed during the month or in preceding month(s) but pending cancellation as at close of the month as a negative number.
2. Items (i) to (viii) are suggested forms of confirmation. The listed issuer may amend the item(s) that is/are not applicable to meet individual cases. Where the issuer has already made the relevant confirmations in a return published under Main Board Rule 13.25A / GEM Rule 17.27A in relation to the securities issued, or the treasury shares sold or transferred, no further confirmation is required to be made in this return.

3. "Identical" means in this context:

4. the securities are of the same nominal value with the same amount called up or paid up;

5. they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to exactly the same sum (gross and net); and
6. they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects.

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