嘉美包装：控股股东持股比例因可转债转股被动稀释0.92%

Core Viewpoint - The company announced that by December 31, 2025, the total share capital will increase to 982,167,045 shares due to the cumulative conversion of "Jia Mei Convertible Bonds" [1] Group 1: Shareholding Changes - The controlling shareholder, Zhongbao Hong Kong, will see its shareholding ratio diluted from 44.45% to 43.53%, a change of 0.92% [1] - After the repurchase of shares, Zhongbao Hong Kong's holding will account for 44.50% of the total share capital, excluding the repurchased shares, as of December 31, 2025 [1] Group 2: Share Repurchase - From November 15, 2024, to November 12, 2025, the company has repurchased a total of 21,486,100 shares [1] - The share repurchase does not involve any increase or decrease in holdings, tender offers, and does not affect the company's control, governance structure, or ongoing operational capabilities [1]