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Changnian Hydraulics: Mandatory Offer Results Announced, Stock Resumes Trading
Everyday AI Express, March 10 — Changling Hydraulic (605389.SH) announced that during the offer period, the total number of shareholder accounts pre-accepting the offer is 3, with a total of 17,290,548 shares pre-accepted, accounting for 12.00007% of the company’s total shares. The acquirer, Wuxi Core Breaking Wave Technology Partnership, will purchase the pre-accepted shares proportionally. After the completion of this tender offer, Core Breaking Wave and its concerted parties will hold a total of 60,502,162 shares of Changling Hydraulic, accounting for 41.99% of the company’s total share capital. The company’s share distribution remains compliant with listing requirements. The stock will resume trading from the opening on March 11, 2026.
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