Kibing Group reveals top shareholders ahead of share repurchase

On September 25, 2025, Zhuzhou Kibing Group Co., Ltd. announced its top ten shareholders and top ten shareholders with unrestricted shares as of the close of trading on the day preceding the board's resolution to repurchase shares. The company plans to repurchase shares via centralized bidding, as detailed in an earlier announcement.

Fujian Kibing Group Co., Ltd. remains the largest shareholder with 681,172,979 shares, representing 25.38% of the total, and is the controlling shareholder. Yu Qibing holds 381,423,500 shares (14.21%), serving as the actual controller of both Fujian Kibing and the company. Yu Yong, a direct relative of Yu Qibing, holds 35,726,222 shares (1.33%). The three entities are considered related parties and act in concert.

As of the disclosure date, the actual controller, Yu Qibing, directly and indirectly holds a total of 1,112,413,101 shares, maintaining a 41.45% stake in the company.