Changling Hydraulic: Nuclear Core Breaking Waves intends to acquire 12% of the company's shares through a tender offer, with a tender price of 35.82 yuan per share.
Changling Hydraulic Announcement, the acquirer Hexion Breakthrough intends to make a partial tender offer to all shareholders other than the acquirer and its concerted actors, with a planned offer to purchase 17.2904 million shares, accounting for 12% of the total share capital of the company. The offer price is 35.82 yuan per share. The tender offer is based on the premise of acquiring 43.2117 million shares held by Xia Jifa and Xia Zemin through the acquisition agreement between Hexin Tingtao and Chenlian Shuangying. The tender offer period is 33 natural days, from February 5, 2026 to March 9, 2026. The acquirer has deposited 126 million yuan into the designated account of China Securities Depository and Clearing Corporation as performance bond. After the completion of the tender offer, Hexion Breakthrough and its concerted actors will collectively own up to 60.5022 million shares of the company, accounting for 41.99% of the total share capital.
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