Changhong Jiahua privatization scheme document despatch delayed

Hongtu Investment Co. Limited and Changhong Jiahua Holdings Limited have announced a delay in the despatch of the scheme document for the proposed privatization of Changhong Jiahua Holdings. The document, originally due by October 13, 2025, has been extended. The executive has indicated a willingness to grant consent for an extension until seven days after all pre-conditions are met, or September 27, 2026, whichever is earlier.

The delay stems from the fact that the non-waivable pre-conditions for the proposal and scheme are not expected to be satisfied within the initial 21-day period following the September 22, 2025 announcement. An application for consent has been made to the executive for this extension.

As of the announcement date, all pre-conditions remain outstanding. The offeror, Hongtu Investment Co. Limited, has made a filing to Mianyang City SASAC regarding pre-condition (a), which is currently under review. Shareholders and potential investors are cautioned to exercise prudence, as the proposal and scheme may or may not proceed.