Changlin Hydraulic: proposed tender offer to acquire 17.29 million shares.

Changlin Hydraulic announced a partial tender offer to all shareholders of Changlin Hydraulic, excluding the acquirer and its concerted action parties. The planned number of shares to be tendered is 17.2904 million shares, with a tender offer price of 36.24 yuan per share. This tender offer is based on the premise that Core Wave and Chenglian Shuangying plan to acquire 43.2117 million shares of Changlin Hydraulic held by Xia Jifa and Xia Zemin. After the acquisition, the acquirer Core Wave and its concerted action parties may hold up to 60.5022 million shares of Changlin Hydraulic, accounting for 41.99% of the total number of shares of the listed company. The total amount of funds required for this tender offer is estimated to be no more than 627 million yuan. Core Wave has already deposited 126 million yuan into the designated account of China Securities Depository and Clearing Corporation before the announcement, as a performance guarantee for this tender offer.