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ST Xinchao: Yitai Coal tender offer period ends

May 22, 2025 at 05:13 PM UTCBy FilingReader AI

Shandong Xinchao Energy (SSE:600777) has announced the conclusion of the tender offer period initiated by Inner Mongolia Yitai Coal Co., Ltd. (referred to as "Yitai B Shares" in the announcement). The offer, disclosed on April 21, 2025, aimed to acquire 3,468,252,870 shares, representing 51.00% of ST Xinchao's total share capital, at a price of CNY 3.40 per share. The tender offer period spanned from April 23, 2025, to May 22, 2025. The success of the offer was contingent on receiving tenders for at least 1,904,138,831 shares, or 28.00% of ST Xinchao's total shares, by 15:00 on the final trading day of the offer period. The company will continue to monitor developments and fulfill information disclosure obligations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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