JINGDONG HOLDING GERMANY GMBH, a wholly-owned indirect subsidiary of JD.com, Inc., has announced its decision to make a public takeover offer for CECONOMY AG. The offer involves acquiring all non-par value bearer shares of CECONOMY AG at a cash consideration of EUR 4.60 per share. An investment agreement regarding the takeover and future cooperation has been signed between JINGDONG and CECONOMY. Additionally, a shareholders' agreement with CECONOMY's largest shareholder group, Convergenta, has been established, which will become effective upon the completion of the takeover. Post-completion, Convergenta's shareholding in CECONOMY will be reduced from 29.16% to 25.35%. The offer will be subject to customary conditions, and several shareholders have already agreed to accept the offer for 31.7% of the shares in total.