On 13 November 2025, a disclosure was made regarding the privatisation by way of a scheme of arrangement involving ENN Energy Holdings Ltd. According to the submission under Rule 22 of the Hong Kong Code on Takeovers and Mergers, BlackRock, Inc. reported several share transactions on 12 November 2025.
BlackRock, Inc. purchased a total of 4,000 shares at HKD71.70 and 18,200 shares at HKD71.4890. The transactions also included sales of 1,700 shares at HKD70.4950, 49,200 shares at HKD71.4741, and 44,100 shares at HKD71.3917. Following these dealings, BlackRock, Inc. held 49,575,592 shares in ENN Energy Holdings Ltd, representing approximately 4.3820% of the total issued share capital.
BlackRock, Inc. is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in ENN Energy Holdings Ltd. The disclosure was made for the account of discretionary investment clients.