HENGDELI (03389) rose more than 11% after resuming trading, gaining 11.2% to HKD 0.139 at the time of writing, with a turnover of HKD 4.7976 million.

On November 28, HENGDELI and the offeror, Junya Limited, jointly announced that Guotai Junan Securities and Minsheng Securities will represent the offeror in proposing a voluntary unconditional general cash offer. The offer price is set at HKD 0.14 per share for all issued shares (excluding those already beneficially owned by the offeror and Ms. Feng Jiaqiao).

The company has applied to the Hong Kong Stock Exchange for the resumption of share trading starting at 9:00 a.m. on Monday, December 1, 2025. As of the joint announcement date, the company has 4.44 billion issued shares, with 2.29 billion shares subject to the offer and no treasury shares outstanding.

The offer price of HKD 0.14 per share represents a premium of approximately 12% over the closing price of HKD 0.125 on November 25, 2025.

The announcement stated that the offer reflects Mr. Zhang Yonglin's continued commitment to the long-term development and success of the company. By increasing his stake, Mr. Zhang aims to strengthen his role in guiding the company's strategic direction and further align his interests with those of other shareholders. The offer also demonstrates his family's ongoing support and confidence in the company.