*ST Yazhen: Wu Tao's acquisition offer for 53.7738 million shares, stock resume trading

GoldenOctober2024

Jin10 data reported on July 10, *ST Yazhen announced that due to the acquisition offer from the controlling shareholder and actual controller Wu Tao, the company’s stock will be suspended from trading starting July 10, 2025, and will resume trading on July 11, 2025. As of July 9, 2025, the deadline for the acquisition offer has expired, with a total of 8 shareholder accounts accepting the offer, and a total of 53.7738 million shares have been accepted, accounting for 20.47% of the company’s total share capital. Mr. Wu Tao and his concerted action person Mr. Fan Weihao collectively hold 133 million shares of the company, accounting for 50.47% of the company’s total share capital. After the completion of this acquisition offer, Mr. Wu Tao will hold a total of 118 million shares of the company, accounting for 45.00% of the company’s total share capital. The company’s equity distribution still meets the listing conditions, and the listing status is not affected.

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