JINKE SERVICES (09666) has received a revised offer from the offeror Broad Gongga, trading will resume on November 18th.

JINKE SERVICES (09666) and the offeror Broad Gongga Investment Pte. Ltd. jointly announced that Zhongjin proposes a revised offer as follows: the basic offer price for each share offered is HK$6.67 in cash, or a higher offer price for each share offered, to be paid only if the following conditions are met: the delisting resolution is approved at the extraordinary general meeting, and the cash consideration for delisting is HK$8.69. After both delisting conditions are met, the offeror intends to delist the company from the Hong Kong Stock Exchange. Therefore, the company has agreed to convene and hold an extraordinary general meeting for independent shareholders to consider (among other things) the delisting resolution and vote on it. If the delisting resolution is approved, assuming the delisting acceptance condition is met, the resolution will not take effect until the offer period (including an extension period of at least 28 days from the date the delisting acceptance condition is met) ends. The offeror has proposed a higher offer price, which will only be paid if both delisting conditions are met. If the delisting resolution is approved and the delisting acceptance condition is met, independent shareholders accepting the revised offer will be entitled to receive the higher offer price. The higher offer price of HK$8.69 per share represents a premium of approximately 18.07% over the closing price of HK$7.36 per share on the Hong Kong Stock Exchange on March 13, 2025 (the last undisturbed date), and a premium of approximately 26.49% over the closing price of HK$6.87 per share on the last trading day before the revised announcement on the Hong Kong Stock Exchange. The offeror notes that trading liquidity of the shares has been at a low level for some time. The average daily trading volume of the shares in the three months ending on the last trading day (including that day) was approximately 490,000 shares, accounting for only 0.08% of the issued shares as of the initial announcement date. Under the revised offer, shareholders will receive the higher offer price, which will be paid only if both delisting conditions are met. The higher offer price provides an opportunity for independent shareholders to cash out their illiquid shares. The continued option offers shareholders additional flexibility. If both delisting conditions are met, shareholders accepting the revised offer may choose the continued option, reinvesting their cash proceeds in Top Yingchun Investment IV, allowing them to continue to indirectly participate in the company's future development and enjoy a higher premium. The company has applied to the Hong Kong Stock Exchange for trading in the shares to resume on November 18, 2025, at 9:00 a.m. HK time.