China Resources Ng Fung (00228.HK) plans to obtain a premium of approximately 9.03% to fully acquire the tender offer. Trading will resume on December 24th.

Zhixin Finance APP News, China Energy Group (00228.HK) and the offeror Jia Ying Limited jointly announced that, as of 4:00 pm on December 16, 2025 (Tuesday), the rights issue was oversubscribed by approximately 0.78%. Following the completion of the rights issue, the offeror and its concert parties will collectively own approximately 241.6 million shares, equivalent to approximately 52.97% of the total issued share capital of the company after the issuance of approximately 152 million shares from the rights issue. Therefore, the offeror must, in accordance with Rule 26.1 and Rule 13 of the Takeovers Code, make a mandatory unconditional cash offer. The cash offer price for each share is 1.57 Hong Kong dollars, representing a premium of approximately 9.03% over the closing price of 1.44 Hong Kong dollars per share on the last trading day on the Stock Exchange.