Jin'an Industry: Privatization plan approved by court, delisting status expected to be revoked on September 18th.

On the morning of September 10th, Jin'an Industry announced on the Hong Kong Stock Exchange that the privatization plan of Jin'an Industry Limited by the offeror Jin'an Limited through a scheme of arrangement is scheduled to be approved by the High Court on September 9th, 2025. The High Court also confirmed on the same day the reduction of the company's share capital related to the plan. It is expected that the plan will come into effect on September 16th, 2025, once all remaining conditions are met or waived. The company will make further announcements after the plan comes into effect. The company has applied to and obtained approval from the Stock Exchange for the delisting of the shares from the Stock Exchange, effective immediately at four o'clock in the afternoon on September 18th, 2025, but it can only be done after the plan comes into effect.