ENN Natural Gas (600803.SH) terminates major asset restructuring and cancels the introduction of H-shares listing.

ENN Natural Gas (600803.SH) announced that the company has decided to terminate the privatization of its wholly-owned subsidiary ENN ENERGY Holdings Limited (stock code: 02688.HK, referred to as "ENN ENERGY") and proceed with the listing of ENN ENERGY on the main board of the Hong Kong Stock Exchange through introduction. Since the company first submitted the application for the introduction of H shares to the Hong Kong Stock Exchange nearly a year ago, as of June 12, 2026, all the necessary conditions for the listing have not been met. This includes obtaining or completing the approvals or filings required by the China Securities Regulatory Commission and other relevant authorities, as well as obtaining the principle approval for listing from the Listing Committee of the Hong Kong Stock Exchange. The timing of meeting all these conditions is uncertain. At the same time, during the planning and implementation of this listing, the company has been subject to certain restrictions under applicable regulations, which have limited the company's operations and management arrangements. The termination of the major asset restructuring and H share introduction listing is the result of careful consideration by the company and is not expected to have a significant adverse impact on the company's production, operation, and financial conditions.