Gong Hailin Receives Regulatory Green Light for 130.00 Million-Share Partial Cash Offer for Jinchuan Intl

Bulletin Express
06/02

Hong Kong, 2 June 2026—Offeror Gong Hailin has obtained all regulatory consents required to proceed with a pre-conditional voluntary cash partial offer for up to 130.00 million shares of Jinchuan Group International Resources Co. Ltd. (Jinchuan Intl).

The Securities and Futures Commission’s Executive has: 1. Consented to the partial offer under Rule 28.1 of the Takeovers Code. 2. Granted a waiver permitting the offer price to be set at a discount of more than 50% to both the last trading day’s closing price and the five-day average closing price. 3. Granted a waiver from strict compliance with Rule 28.7, allowing the offer to target a specified share range rather than a precise number, with the final closing date capped at 28 days after despatch of the offer document unless further consent is obtained.

Key timeline: • Offer document despatch deadline: on or before 11 June 2026 (within 21 days of the original 21 May 2026 announcement). • Final closing date: no later than 28 days after the offer document is issued, absent additional regulatory approval.

AFG Securities Limited acts as financial adviser, while Zhongtai International Securities Limited serves as offer agent. Qualifying shareholders are advised to review both the forthcoming offer document and Jinchuan Intl’s response circular before making any acceptance decision.

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