Fenglong Group: Ubtech Technology launches a tender offer to acquire 28.45 million shares of the company's stock, and the stock will resume trading.

date
24/04/2026
Announcement of Fenglong Technology: As of April 20, 2026, the tender offer period of Shenzhen Youbixuan Technology Co., Ltd. has expired. The total number of shareholder accounts that accepted the tender offer is 27, with a total of 28.4579 million shares accepted, accounting for 13.02% of the total share capital of the listed company and 100.028% of the planned tender offer share quantity. According to the provisions of the "Tender Offer Report", the acquirer has purchased 28.45 million shares of the pre-accepted shares in proportion. After the completion of this tender offer, the acquirer will hold a total of 93.9799 million shares of the company, accounting for 43.01% of the total share capital. The company's stock will resume trading from the opening of the market on April 27, 2026.