Kaiser shares: plan to issue shares and pay cash to purchase 60% of the shares of Anhui Tuosheng.

Kayvon Corporation announced that the company will issue convertible corporate bonds to unspecified entities in 2025, with a maturity of 6 years and a face value of 100 yuan per bond, issued at face value. The initial conversion price is 12.70 yuan per share, with a conversion period from February 21, 2026 to August 14, 2031. In addition, the company held a board meeting on November 28 and plans to issue shares and pay cash to purchase 60% of the shares of Anhui Tuosheng from Zhu Cheng and 9 other trading parties, with the transaction expected to meet the criteria for a major asset restructuring. The company also plans to raise funds from up to 35 specific investors by issuing shares to purchase assets at 100% of the transaction value, with the number of shares issued not exceeding 30% of the total share capital before this issuance.