Shanghai Intelligent Genesis and Constant Summit Technology Partnership Enterprise plans to make a tender offer to acquire 37.00% of the shares of Shangwei New Materials, with a tender offer price of 7.78 yuan per share.

date
24/09/2025
Shangwei New Materials announced that Shanghai Zhiyuan Hengyue Technology Partnership Enterprise plans to make a tender offer to acquire 37.00% of the shares, with a tender offer price of 7.78 yuan per share, and the expected maximum total funds required are 1.161 billion yuan. The tender offer period for this offer will last for a total of 30 calendar days, from September 29, 2025 to October 28, 2025. The acquirer has deposited 232 million yuan into a bank account designated by the Shanghai branch of China Securities Depository and Clearing Co., Ltd. before the announcement of the tender offer summary announcement, as a performance bond for this tender offer.