Hengbang Co., Ltd. announced that “Hengbang Bonds Transfer” triggered a conditional redemption clause on October 17, 2025, and the company decided to exercise the right to early redemption. As of the closing date of the redemption registration date, there were still 48,473 untransferred shares. The company redeemed the full amount and paid a redemption payment of 4.8609 million yuan, accounting for 0.15% of the total issuance, with no significant impact on finance. Starting December 8, “Hengbang Bonds Transfer” will be delisted on the Shenzhen Stock Exchange. Due to the cumulative conversion of 282 million shares of “Hengbang Bonds Transfer”, the total share capital of the company increased by 282 million shares, and earnings per share were diluted in the short term. In addition, shareholders holding more than 5% of the company's shares and the rights and interests of their concerted actors are passively diluted.

Hengbang Co., Ltd. announced that “Hengbang Bonds Transfer” triggered a conditional redemption clause on October 17, 2025, and the company decided to exercise the right to early redemption. As of the closing date of the redemption registration date, there were still 48,473 untransferred shares. The company redeemed the full amount and paid a redemption payment of 4.8609 million yuan, accounting for 0.15% of the total issuance, with no significant impact on finance. Starting December 8, “Hengbang Bonds Transfer” will be delisted on the Shenzhen Stock Exchange. Due to the cumulative conversion of 282 million shares of “Hengbang Bonds Transfer”, the total share capital of the company increased by 282 million shares, and earnings per share were diluted in the short term. In addition, shareholders holding more than 5% of the company's shares and the rights and interests of their concerted actors are passively diluted.