New Natural Gas: Overseas subsidiary company shares complete allotment, planning to launch a comprehensive offer of 3.91 billion Hong Kong dollars.

The New Natural Gas announcement stated that on December 23, 2025, its overseas subsidiary Zhong Neng Holdings completed a rights issue plan, issuing 152,066,800 shares of rights issue shares, raising HK$239 million. The company subscribed for 150,884,939 shares through Jiaying Company, increasing its shareholding to 52.97% after the rights issue. According to regulations, the company plans to launch a mandatory general offer through Jiaying Company at a price of HK$1.57 per share, with an estimated maximum cost of HK$391 million. The transaction does not constitute a related party transaction or a major asset restructuring, has been approved by the board of directors, and requires Zhong Neng Holdings to fulfill overseas procedures and obtain regulatory approval.