On 22 October 2025, a public disclosure form was released in connection with the proposed privatisation of ENN ENERGY HOLDINGS LTD by way of a scheme of arrangement. According to the document, BlackRock, Inc. disclosed a series of derivative transactions carried out on 21 October 2025.

BlackRock, Inc. entered a derivative contract referencing 43,400 shares at a reference price of US$67.4634, resulting in a total payment of approximately US$2,931,675.02 and bringing the resultant balance to 3,801,300 shares. On the same day, it closed out a derivative contract referencing 19,000 shares at a reference price of US$67.5824, with a total payment of approximately US$165,090.97, and the resultant balance stood at 3,782,300 shares.

The announcement noted that BlackRock, Inc. is a Class (6) associate of the offeree company by virtue of its holdings of ordinary shares, and these transactions were conducted for discretionary investment clients.