SDHS NEW ENERGY (01250): To make a unconditional offer in all aspects to SDHG (00412).

SDHS NEW ENERGY (01250) and the offeror SDHG (00412) jointly announced that all conditions under the sale and purchase agreement were reached on December 27, 2024, and the completion was also implemented on December 27, 2024. Following the completion and as of the date of this joint announcement, the offeror and its concerted parties hold a total of approximately 1.28 billion shares of SDHS NEW ENERGY, representing approximately 56.97% of the total issued share capital of SDHS NEW ENERGY. As the completion has been implemented, the offeror must (i) make a mandatory unconditional cash offer for all issued shares of SDHS NEW ENERGY (excluding those already held by the offeror and/or agreed to be acquired by the purchaser) under rule 26.1 of the Takeovers Code; and (ii) make an appropriate cash offer to the holders of the offer shares of SDHS NEW ENERGY to cancel all offer shares under rule 13 of the Takeovers Code. The offer is unconditional in all respects, and Huatai Financial Holdings represents the offeror and makes the offer in accordance with the Takeovers Code.