FilingReader Intelligence
Shandong Xinchao faces partial takeover bid from Zhejiang Jindi
April 2, 2025 at 05:18 PM UTC•By FilingReader AI
Shandong Xinchao Energy Corporation (SSE:600777) has announced a partial tender offer from Zhejiang Jindi Petroleum Exploration and Development Co., Ltd., a subsidiary of Jindi United Holding Group. Zhejiang Jindi aims to acquire 1,360,099,165 shares of Shandong Xinchao, representing 20% of the total outstanding shares, at a price of CNY 3.10 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600777•Shanghai Stock Exchange
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