Jingyang Group (08257) receives a premium of approximately 87.0% for privatization, resumes trading on November 17th.

Intelligence Financial APP news, Jingyang Group (08257) and the offeror Watlow Electric Manufacturing Company jointly announced that on November 14, 2025 (after the trading period), the offeror requested the board of directors to propose to the planned shareholders that, in accordance with Article 86 of the Companies Act, all planned shares be cancelled in a planned manner to privatize the company. After the plan takes effect, all planned shares will be cancelled, with a cancellation price of HK$0.245 per planned share, representing a premium of approximately 87.0% over the closing price of HK$0.131 per share reported on the Stock Exchange of Hong Kong on November 5, 2025 (the last trading day). The company has applied to the Stock Exchange for trading of shares to resume on the GEM of the Stock Exchange from 9:00 am on November 17, 2025.