RONGZUN INT'L H(01780) obtained a discount of approximately 48% from its single largest shareholder for a full buyout offer. Trading will resume on May 8th.

RONGZUN INT'L H(01780) and the offeror Mr. Yang Jingyao jointly announced that the offeror completed the acquisition of 84 million shares of the company on April 8, 2026, representing approximately 13.55% of the company's issued share capital as of the date of this joint announcement, at a total price of HKD 43.68 million, equivalent to a price of HKD 0.52 per share. Following the completion of the acquisition and as of the date of this joint announcement, the offeror holds interests in 207 million shares, accounting for approximately 33.39% of the total issued share capital of the company. In accordance with Rule 26.1 of the Takeover Code, the acquisition triggers the offeror's obligation to make a mandatory conditional cash offer for all issued shares (excluding those already owned by the offeror and concert parties agreed to be acquired by the purchaser). Ligo Securities and Rich Securities will jointly make the offer on behalf of the offeror, at a cash price of HKD 0.52 per share, representing a discount of approximately 48% to the last traded price of HKD 1.00 per share on the last trading day on the Stock Exchange. The maximum cash consideration payable by the offeror for the offer is approximately HKD 215 million. The company has applied to the Stock Exchange to resume trading of its shares on May 8, 2026, at 9:00 am. It is understood that the offeror, aged 32, is the largest single shareholder, holding 207 million shares, accounting for approximately 33.39% of the company's issued share capital on the date of this joint announcement.