[收购]瓦轴B(200706):瓦房店轴承集团有限责任公司要约收购本公司股份的要约收购结果暨股票继续停牌的公告(英)
AnnouncementontheOutcomeoftheTenderOfferforthe Company'sSharesbyWafangdianBearingGroupCo., Ltd.,theContinuationoftheCompany's ShareTradingSuspension The Company and all members of the BOD guarantee that the informationdisclosedistrue,accurateandcompleted,andthattherearenofalserecords,misleadingstatementsormaterialomissions. SpecialNote: 1.AccordingtothestatisticsprovidedbyChinaSecuritiesDepositoryandClearingCorporationLimitedShenzhenBranch,asofFebruary27,2026,atotalof1,459shareholdersofWazhouBhavetenderedtheirsharesinacceptanceoftheoffer,representinganaggregateof54,524,555unrestrictedtradablepublicsharestendered.ThistenderofferhasbecomeeffectiveinaccordancewiththeeffectivenessconditionsstipulatedintheTakeoverOfferReportonWafangdianBearingCo.,Ltd. 2.AsofthedateofdisclosureofthisAnnouncement,theproceduresforthesettlementandtransferofshareownershipinrespectofthistenderofferhavebeenfullycompleted.WafangdianBearingGroupholds298,524,555sharesoftheCompany,accountingfor74.15%oftheCompany'stotalsharecapital.Astheproportionofsharesheldbypublicshareholdersislessthan10%oftheCompany'stotalsharecapital,inaccordancewiththeprovisionsoftheSecuritiesLawofthePeople'sRepublicofChina,theRulesGoverningtheListingofStocksontheShenzhenStockExchange(hereinafterreferredtoasthe"ListingRules")andotherrelevantlawsandregulations,the shareholding structure of the Company no longer meets the listing requirements. TheCompanywillcarryouttheproceduresfortheterminationofthelistingofitssharesinaccordancewithrelevantprovisionsandissuecorrespondingannouncementsinduecourse.Pursuanttorelevantregulations,theCompany'sshareswillcontinuetobesuspendedfromtradingfromthedateofdisclosureofthisAnnouncement. 3.Nodelistingconsolidationperiodshallbearrangedforthisvoluntarydelisting.PursuanttoArticle9.7.11oftheListingRules,nodelistingconsolidationperiodshallbeapplicablewherealistedcompanyvoluntarilyterminatesitslistingstatus.TheCompany'ssharesshallbedelistedwithinfivetradingdaysfromthedateonwhichtheShenzhenStockExchangeannouncesthedecisionontheterminationoftheCompany'slisting,andthelistingoftheCompany'ssharesshallbeofficiallyterminated.Investorsarekindlyrequestedtopayattentiontotherelevantinvestmentrisks. WafangdianBearingGroupCo.,Ltd.(hereinafterreferredtoas"WazhouGroup")announcedtheTenderOfferReportonWafangdianBearingCo.,Ltd.onJanuary19,2026,andresolvedtolaunchacomprehensivetenderoffertoallshareholdersofWafangdianBearingCo.,Ltd.(hereinafterreferredtoasthe"Company"or"WazhouB")otherthantheofferor,toacquiretheCompany'ssharesheldbythem,commencingonJanuary20,2026.Thetermofthistenderoffershalllastfor39calendardays,startingfromJanuary20,2026(inclusive)andendingonFebruary27,2026(inclusive).Currently,thiscomprehensivetenderofferhasbeenineffect.Therelevantdetailsofthistenderofferareherebyannouncedasfollows: I.BasicInformationofThisTenderOffer 1.PurposeoftheTenderOffer:Inrecentyears,affectedbyeconomicrestructuringandotherheadwinds,WazhouBhassufferedconsecutivelossesanditsoperatingconditionshavebeendeteriorating. Since 2025, compounded by multiple adverse factors, the Company's businessoperationshavebeenfurtherconstrained,andthepotentialfinancialrisksfacingtheCompanyhavecontinuedtoescalate.Ifsuchcircumstancespersist,theCompany'soperationalriskswillinevitablyintensify.Takingintoaccountvariousfactors,asthecontrollingshareholderofWazhouB,Wazhou Group intends to launch this comprehensive tender offer to all unrestricted tradableshareholders for the purpose of terminating the listing status of Wazhou B, in order to fullysafeguardtheinterestsofWazhouB'sshareholdersandfulfillitsresponsibilitiesasastate-ownedenterprise. 2.Target of the Tender Offer:The target of this tender offer is all unrestricted tradableshareholdersofWazhouBotherthantheofferer. 3.OfferPrice:TheofferpriceforthistenderofferisHK$2.86pershare.4.TotalAmountoftheTenderOffer(IncludingTaxesandFees):155,949,164.41HK$5.PaymentMethod:Theconsiderationforthistenderoffershallbepaidincash.6.TermoftheTenderOffer:ThetenderoffershallbeeffectivefromJanuary20,2026(inclusive)toFebruary27,2026(inclusive),totaling39calendardays. 7.ConditionsfortheEffectivenessoftheOffer:Thistenderoffershallbecomeeffective,ifthenumberofdeclaredsharesofWazhouB'spublicsharestenderedforacceptanceandtemporarilyheld in custody by China Securities Depository and Clearing Corporation Limited ShenzhenBranchexceeds39,050,000sharesby15:00onthelasttradingdayduringthevalidperiodofthistenderoffer—whichmeansthattheproportionofWazhouB'spublicsharesheldbythepublicaftertheacquisitionwillbelessthan10%ofthetotalsharecapital—andWazhouBwillthereforenolonger meet the listing requirements pursuant to the Listing Rules of the Shenzhen StockExchange. II.ImplementationofThisTenderOffer 1.OnJanuary19,2026,theofferorpublishedtheTenderOfferReportonWafangdianBearingCo.,Ltd.ontheCNINFOWebsite(http://www.cninfo.com.cn)andofficiallylaunchedthetenderoffercommencingonJanuary20,2026. 2.OnJanuary27,2026,theBoardofDirectorsoftheCompanypublishedtheReportoftheBoardofDirectorstoAllShareholdersConcerningtheTenderOfferbyWafangdianBearingGroupCo.,Ltd.ontheCNINFOWebsite(http://www.cninfo.com.cn). 3.OnJanuary27,2026,February13,2026,February24,2026,February25,2026,February26,2026 and February 27, 2026 (morning,midday ), the offeror released seven reminderannouncements regarding the tender offer for the Company's shares, as well as a specialreminderannouncementspecifyingthattheacceptanceofthetenderoffercannotbewithdrawnduringthethreetradingdayspriortotheexpirationoftheofferperiod,ontheSecuritiesTimesandtheCNINFOWebsite(www.cninfo.com.cn). 4.TheofferorauthorizedtheShenzhenStockExchange(SZSE)topublish,onitsofficialwebsite(www.szse.cn)onadailybasisduringthetenderofferperiod,thenumberofsharestenderedandwithdrawnontheprecedingtradingday,aswellasthecumulativenetnumberandproportionofsharestenderedduringtheofferperiod. III.OutcomeofThisTenderOffer AccordingtostatisticsprovidedbyChinaSecuritiesDepositoryandClearingCorporationLimitedShenzhenBranch,asofFebruary27,2026,atotalof1,459shareholdersofWazhouBhavetenderedtheirsharesinacceptanceoftheoffer,Thetotalnumberofunrestrictedtradablepublicsharestenderedinacceptanceoftheofferare54,524,555shares.PursuanttotheconditionsfortheeffectivenessoftheofferasstipulatedintheTenderOfferReportonWafangdianBearingCo.,Ltd.,thistenderofferhasofficiallybecomeeffective. IV.TheCompanyWillInitiatetheDelistingProcess Afterthecompletionofthetransferofsharesinthecurrenttenderofferacceptanceprocess,Wazhou Group will hold 298,524,555shares of the Company, accounting for 74.15% of theCompany'stotalsharecapital.Asaresult,theproportionofsharesheldbypublicshareholderswillfallbelow10%ofthe Company'stotal sharecapital.In accordancewith the provisionsoftheSecuritiesLawofthePeople'sRepublicofChina,theRulesGoverningtheListingofStocksontheShenzhenStockExchangeandotherrelevantlawsandregulations,theshareholdingstructureofthe Company no longer meets the requirements for listing. The Company will carry out thedelisting procedures in accordance with relevant regulations and issue correspondingannouncementsinduecourse. Pursuanttorelevantregulations,theCompany'sshareswillcontinuetobesuspendedfromtradingfromthedateofdisclosureofthisAnnouncement. Herebynotify BoardofDirectorsof WafangdianBearingCompanylimited March4,2026 中财网
![]() |