OSHIDORI (00622) plans to sell HK$503 million worth of shares in Shengjing H shares.

OSHIDORI (00622) announced that the group has accepted the offer for a total of 314 million shares of Shengjing H shares, at a price of HK$1.60 per share, with the H share offer becoming unconditional in all respects from October 21, 2025. The group will receive a total consideration of HK$503 million. Following the completion of the transfer of shares under the H share offer, the group will no longer hold any interests in Shengjing. The offer for H shares was made by a Chinese international financial representative. According to the comprehensive documents, the controlling shareholder of the offeror is the State-owned Assets Supervision and Administration Commission of the People's Government of Shenyang, which directly and indirectly controls approximately 91.51% of the shares of the offeror. The remaining shares of the offeror are held by Shenyang Shengjin Investment Management Center (Limited Partnership) (which directly holds approximately 4.81% of the offeror's shares) and the Liaoning Provincial Department of Finance (which directly holds approximately 3.68% of the offeror's shares).