Swancor Advanced Materials Co., Ltd. (688585.SH) announced the completion of its tender offer, as disclosed on September 25, 2025. Shanghai Zhiyuan Hengyue Technology Partnership (Limited Partnership) ("Zhiyuan Hengyue") has finalized the share transfer process and now holds 236 million shares, representing 58.6232% of the total equity. Together with its concerted parties, Zhiyuan Hengyue controls 257 million shares, accounting for 63.6232% of the company's total shares.
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