China National Seed Group continues tender offer for Winall Hi-Tech Seed
China National Seed Group Co., Ltd. (CNSGC) is making a tender offer to acquire 189,466,350 shares of Winall Hi-Tech Seed (SZSE:300087) at a price of 11.85 yuan per share, payable in cash. The tender offer period runs from December 4, 2025, to January 5, 2026. This acquisition is intended to enhance CNSGC's control over Winall Hi-Tech Seed and is not aimed at delisting the company.
As of December 25, 2025, the tender offer has seen a net of 702 accepting shareholders, with a total of 97,062,813 shares tendered. This represents 51.23% of the planned acquisition amount and 10.246% of Winall Hi-Tech Seed's total share capital. Investors should note that pre-tendered shares cannot be withdrawn during the last three trading days of the offer period.
The tender offer price of 11.85 yuan per share is significantly higher than the average daily weighted average price of Winall Hi-Tech Seed's stock over the 30 trading days prior to the summary announcement, which was 9.12 yuan per share. Shareholders wishing to participate can submit their offers through their securities brokers, ensuring all required information is provided.
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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