Hongtu Investment Co., Limited and Changhong Jiahua Holdings Limited (stock code: 3991) issued a monthly update on the proposed privatisation of Changhong Jiahua Holdings. According to the announcement dated 24 January 2026, the update follows previous communications released on 22 September, 13 October, 13 November, and 12 December 2025, concerning a scheme of arrangement under section 99 of the Companies Act 1981 of Bermuda.

The announcement reiterates that the Proposal is subject to several non-waivable Pre-Conditions, including necessary filings and approvals from Mianyang City SASAC, Sichuan Provincial Development and Reform Commission, Sichuan Provincial Department of Commerce, and the State Administration of Foreign Exchange or its local authorities. The Offeror has fulfilled the requirement from Mianyang City SASAC, while filings for the remaining Pre-Conditions are still in progress.

The parties intend to continue working toward fulfilling all outstanding conditions before the Long Stop Date. Further announcements will be made upon satisfaction of the remaining Pre-Conditions and the despatch of the Scheme Document. The update also reminds ordinary shareholders and potential investors to exercise caution in dealing in the shares, given that the proposal and its terms have yet to be fully satisfied.