Haier Smart Home Co., Ltd. announced a postponement in sending its shareholder circular related to a possible voluntary public buy-back offer for its D shares. The document, originally scheduled for distribution by 18 May 2026, is now expected to be dispatched no later than 3 June 2026.
According to the company, additional time is required to finalise information for inclusion in the circular, notably the advice from the independent financial adviser to the Independent Committee and Independent Shareholders. The forthcoming circular will outline details of the proposed D-share buy-back offer, the Independent Committee’s recommendation, and the adviser’s opinion.
Management reiterated that the proposed buy-back remains subject to three key hurdles: fulfillment of pre-conditions, a final decision by the Board to proceed, and satisfaction or waiver of any subsequent conditions precedent. Consequently, the offer may ultimately not be made or completed.
Haier Smart Home cautioned shareholders and potential investors to exercise care when dealing in the company’s securities and stated that further announcements will be issued once the circular’s dispatch date is confirmed.
The statement was authorised by Chairman Li Huagang and released on 18 May 2026 from Qingdao, PRC.
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