ENN Energy privatization proposal moves forward with listing update

ENN Energy Holdings Limited (HKEX:2688) has provided an update on its pre-conditional proposal to privatize the company via a scheme of arrangement, including a proposed withdrawal of its listing. As part of the plan, ENN Natural Gas Co., Ltd. ("ENN-NG") has applied to the Hong Kong Stock Exchange for the listing of ENN-NG H Shares by way of introduction on the Main Board. The application proof of the listing document was submitted on June 16, 2025, and is now available on the HKEX website. The proposal and share option offer are contingent upon pre-conditions, including approval from the Listing Committee of the Hong Kong Stock Exchange. Shareholders and potential investors are advised to exercise caution when dealing in ENN-NG and ENN securities, and to consult professional advisors if uncertain about the appropriate course of action.