Zhi Sheng Group bondholders convert HK$120 million into 30,000,000 shares at HK$4 each

• Zhi Sheng Group converted HK$120 million of convertible bonds into 30,000,000 shares at HK$ 4 per share.
• GraceBao converted HK$90 million into 22,500,000 shares; CMAG Fund SPC - New Technology SP converted HK$30 million into 7,500,000 shares.
• Conversion notices received Aug. 17, 2026; shares allotted and issued Aug. 26, 2026.
• Issued share count rose to 186,388,529 from 156,388,529.
• GraceBao stake became 12.07%; CMAG Fund SPC - New Technology SP stake reached 4.02% post-conversion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhi Sheng Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260826-12300659), on August 26, 2026, and is solely responsible for the information contained therein.