001331SZSE
🚨 Material Event

Announcement on the Results of the Tender Offer by Qiteng Robotics Co., Ltd. and Continued Suspension of Stock Trading

Shengtong Energy Co., Ltd.··4 pages

✨ AI Summary

This announcement details the results of Qiteng Robotics Co., Ltd.'s tender offer for Shengtong Energy Co., Ltd., which concluded on May 27, 2026. A total of 41,924,224 shares were tendered, representing 14.85% of the company's total shares. Following the acquisition, Qiteng Robotics will hold 44.84% of the shares, leading to a non-compliance with listing requirements. Trading of Shengtong Energy's stock will be suspended starting June 4, 2026, for up to one month.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of May 27, 2026, the tender offer period has expired, with a total of 6 shareholder accounts participating, tendering a total of 41,924,224 shares, accounting for 14.854104% of the total share capital of the listed company. The acquirer, Qiteng Robotics Co., Ltd. (hereinafter referred to as "Qiteng Robotics"), will acquire the shares tendered as per the provisions of the "Tender Offer Report of Shengtong Energy Co., Ltd."
  2. After the completion of this tender offer, Qiteng Robotics and its concerted parties will hold 126,568,000 shares of the listed company, accounting for 44.844104% of the total share capital. The original actual controllers, Wei Jisheng and Zhang Wei, will hold 85,113,000 shares, accounting for 30.156250%, while public shareholders will hold 70,559,000 shares, accounting for 24.999646%, which is below the 25% threshold required for listing. The company's equity distribution will not meet listing conditions starting June 3, 2026.
  3. The stock of Shengtong Energy Co., Ltd. (stock abbreviation: Shengtong Energy, stock code: 001331) will continue to be suspended from trading starting June 4, 2026 (Thursday) morning, with an expected suspension period of no more than one month. The company disclosed the "Tender Offer Report of Shengtong Energy Co., Ltd." on April 27, 2026, in which Qiteng Robotics made a partial tender offer to all shareholders of the listed company, excluding the acquirer and its concerted parties, with a planned tender offer of 42,336,000 shares, accounting for 15.00% of the total shares, at a price of 13.28 yuan per share, with the tender offer period from April 28, 2026, to May 27, 2026. As of May 27, 2026, the company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.