Kibing Group issues fourth convertible bond redemption reminder

Zhuzhou Kibing Group has issued its fourth reminder regarding the redemption and delisting of its convertible bonds (113047), with the last trading day on November 27, 2025, and the last conversion day on December 2, 2025. The redemption price is 101.1737 yuan per bond, and the bonds will be delisted from the Shanghai Stock Exchange on December 3, 2025. Investors are urged to convert or sell to avoid potential losses.

Separately, the company announced that the conversion of its convertible bonds into shares has led to a passive dilution of its controlling shareholder's equity, decreasing from 39.90% to 38.97%. This change, occurring between November 11 and November 20, 2025, crossed the 1% threshold but did not alter the number of shares held by the controlling parties.

Furthermore, Zhuzhou Kibing Group disclosed wealth management activities, investing 85,500 yuan in bank wealth management products. The company also reported a cumulative share repurchase of 27,960,316 shares for 195,956,628.07 yuan, representing 0.9795% of its total share capital.