TIANGE (01980) receives a discount of approximately 1.41% from Sina Hong Kong and announces a partial tender offer to acquire 32.5 million shares. Trading will resume on January 22nd.

TIANGE (01980) has announced that on January 8, 2026, the company received a letter from Yuming Investment Management Limited on behalf of Sina Hong Kong, indicating their genuine intention to make a potential partial tender offer. Sina Hong Kong has published a potential partial tender offer announcement on January 21, 2026. Yuming Investment Management Limited on behalf of Sina Hong Kong has proposed a voluntary conditional cash partial tender offer to acquire 32.5 million shares of the company, excluding the shares already held by Sina Hong Kong and its concert parties. In addition, the company has applied to the Stock Exchange to resume trading of the company's shares starting from 9:00 am on January 22, 2026.