TIANGE Receives Partial Takeover Offer from SINA Hong Kong at 1.41% Discount for 32.5 Million Shares, Trading to Resume on January 22

Deep News

Jan 22

TIANGE (01980) has announced that on January 8, 2026, the company received a letter from Bocom International Investment Management Ltd. on behalf of SINA Hong Kong, confirming its firm intention to make a potential partial offer.

SINA Hong Kong published an announcement regarding the potential partial offer on January 21, 2026.

Bocom International Investment Management Ltd., acting for SINA Hong Kong, has proposed a voluntary conditional cash partial offer to acquire 32.5 million shares of the company, excluding any shares already held by SINA Hong Kong and its concert parties.

Furthermore, the company has applied to the Stock Exchange for the resumption of trading in its shares, which will commence at 9:00 a.m. on January 22, 2026.

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