JIAXING GAS (09908) Terminates Acting-in-Concert Agreement

Stock News
Dec 23, 2025

JIAXING GAS (09908) announced that on December 23, 2025, the board was informed that the parties acting in concert had entered into an agreement to terminate the acting-in-concert agreement, effective from the date of the agreement. Consequently, the acting-in-concert agreement will cease to have any effect, and all corresponding rights and obligations under the agreement will be terminated and discharged.

As a result, from the termination date, Taiding will no longer have the right to exercise voting rights on resolutions proposed by Zhuji Yujia, Mr. Xu, and Ms. Xu Hua at the company's general meetings. Additionally, Taiding, Zhuji Yujia, Mr. Xu, and Ms. Xu Hua will no longer be considered as parties acting in concert under the Takeovers Code. Under the Securities and Futures Ordinance, they will no longer be deemed to have interests in shares beneficially owned by other parties.

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