According to the Zhitong Finance App, Shenglong International (01182.HK) announced that on March 31, 2026, the amount of the Company's share premium account (share premium account) was approximately HK$1,444,531,000. It is proposed to reduce the total amount of the share premium account to zero, and to use approximately HK$1,095,193,000 as a result of the share premium reduction to offset the full amount of the Company's cumulative losses on March 31, 2026; and transfer the resulting balance of approximately HK$349,338,000 to the Company's paid surplus account in accordance with the Companies Act and the Company's company rules.

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