Group 1 - Kaisa Group announced a financing plan through the issuance of interest payment shares, potentially raising approximately HKD 930 million [1][2] - The issuance includes 365,753,466 shares in December 2025, 739,582,599 shares in June 2026, and 760,169,904 shares in December 2026, with respective amounts of about HKD 180 million, HKD 370 million, and HKD 380 million [1] - The issuance price of HKD 0.50 represents a premium of approximately 313.2% over the closing price on December 1, 2025, and a premium of about 327.4% over the average closing price of the previous five trading days [1] Group 2 - Kaisa Group is a comprehensive real estate enterprise involved in property development, investment, management, and hotel catering [2] - The funds raised will be used to pay interest on senior notes, optimize the debt structure, and improve cash flow management [2] - The issuance is based on a general authorization granted by the shareholders' meeting, with the December 2025 shares expected to be completed by February 26, 2026, while the June 2026 issuance requires special authorization and regulatory approval [2]