Longling Capital launches mandatory offer for China Financial Leasing

Longling Capital Ltd, through Kingston Securities, is launching a mandatory conditional cash offer to acquire all outstanding shares of China Financial Leasing Group Limited (HKEX:2312) not already owned or agreed to be acquired. This follows Longling Capital's acquisition of a 34.96% stake in China Financial Leasing through agreements with Vendor A and Vendor B, completed on June 24, 2025. The offer price is set at HKD 0.38 per share, valuing the offer at approximately HKD 85.74 million.