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Wanze Co., Ltd. announced that the controlling shareholder Wanze Group's non-publicly issued exchangeable corporate bonds in 2023 and 2025 entered the share exchange period on May 27, 2024 and November 24, 2025, respectively. As of December 15, 2025, bondholders had exchanged a total of 374.44.1 million shares, causing the total shareholding ratio of Wanze Group and its co-actors to drop from 31.69% to 30.95%, a change of 1%. This is a passive reduction in holdings.

Zhitongcaijing·12/16/2025 11:57:12
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Wanze Co., Ltd. announced that the controlling shareholder Wanze Group's non-publicly issued exchangeable corporate bonds in 2023 and 2025 entered the share exchange period on May 27, 2024 and November 24, 2025, respectively. As of December 15, 2025, bondholders had exchanged a total of 374.44.1 million shares, causing the total shareholding ratio of Wanze Group and its co-actors to drop from 31.69% to 30.95%, a change of 1%. This is a passive reduction in holdings.