ENN Natural Gas (600803), ENN Energy (2688), and Xinneng (Hong Kong) Issue Monthly Update on Pre-Conditional Privatization Proposal

Bulletin Express02-27 16:43

ENN Natural Gas Co., Ltd. (Stock Code: 600803), Xinneng (Hong Kong) Energy Investment Limited, and ENN Energy Holdings Limited (Stock Code: 2688) have jointly issued a monthly update on the pre-conditional proposal to privatize ENN Energy Holdings Limited and withdraw its listing. The companies reaffirmed that the proposal is contingent upon meeting several pre-conditions, of which two have been fulfilled and two remain outstanding.

According to the announcement, conditions relating to all required filings in the People’s Republic of China and shareholder approval at ENN Natural Gas have already been satisfied. However, approvals from the Hong Kong Stock Exchange and the China Securities Regulatory Commission for the listing of ENN Natural Gas are still pending. A renewed application was submitted on December 17, 2025, and remains under review by the Hong Kong Stock Exchange.

The proposal’s effectiveness is dependent on fulfilling these remaining pre-conditions. There is no assurance that the privatization offer will be implemented or that the listing will be completed. Shareholders, option holders, and potential investors are advised to exercise caution when dealing in the securities of ENN Natural Gas and ENN Energy Holdings.

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