Group 1 - The core point of the article is that Ningbo Xingyuan Zhuomei Technology Co., Ltd. has received approval from the China Securities Regulatory Commission (CSRC) to issue convertible bonds to unspecified objects, which is a significant step for the company's financing strategy [2][3]. - On October 15, 2025, the stock price of Xingyuan Zhuomei closed at 49.04 yuan, reflecting an increase of 2.64% with a turnover rate of 4.97% and a trading volume of 16,600 shares, resulting in a transaction amount of 80.57 million yuan [1]. - The net inflow of funds on October 15 included 456,700 yuan from retail investors, while institutional funds saw a net inflow of 45,670 yuan and a net outflow of 506,140 yuan from speculative funds [2][3]. Group 2 - The CSRC's approval for the issuance of convertible bonds is valid for 12 months from the date of approval, and the company must adhere to the regulations and report any significant events to the Shenzhen Stock Exchange during this period [2]. - The company's board of directors will handle the issuance process in accordance with the approved documents and relevant laws, ensuring timely information disclosure [2].