ZENAS BIOPHARMA INC

Ticker: ZBIO CUSIP: 98937L105 Class: Common Stock

GF FUND MANAGEMENT CO. LTD.'s Holding History (CIK: 0002057060)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,054 Value ($000) $38 Avg Close $32.89 Range $18.33 - $44.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,054	$38	$32.89	$18.33 - $44.60