On 23 October 2025, ENN ENERGY HOLDINGS LTD released a disclosure regarding its proposed privatisation by way of a scheme of arrangement. According to the announcement, the Executive received notification of dealings in the shares of ENN ENERGY HOLDINGS LTD pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers.

BlackRock, Inc., identified as a Class (6) associate of the offeree company due to its ordinary shareholdings, disclosed that on 22 October 2025 it closed out multiple derivative contracts relating to a total of 5,200, 7,500, 400, 3,900, and 2,200 reference securities, respectively. The prices ranged from US$66.4909 to US$66.7563, resulting in corresponding amounts from US$3,435.1900 to US$64,146.9700. The resultant balance reported by BlackRock, Inc. is 3,763,100 shares, including those of any person with whom there is an agreement or understanding.

No additional information about the purpose of these dealings or the potential impact on ENN ENERGY HOLDINGS LTD was provided in the announcement. The disclosure solely confirms that these transactions were made for the account of discretionary investment clients under BlackRock, Inc.