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Modern Animal Husbandry (01117) has received valid acceptance of 4.182 billion shares of China Shengmu (01432) under the offer

Zhitongcaijing·07/21/2026 12:33:06
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According to Zhitong Finance App, China Shengmu (01432) and Hyundai Animal Husbandry (01117) jointly announced that at 4:00 p.m. on July 21, 2026 (Tuesday) (the first delivery day), Hyundai Animal Husbandry Holdings received valid acceptance of 4.182 billion shares of China Shengmu shares (accepted shares) under the offer, accounting for about 49.90% of all China Shengmu shares issued on the date of this joint announcement.

Taking into account: (i) Hyundai Animal Husbandry Holdings and its co-actors will hold 2.62 billion shares of China Shengmu shares immediately after the completion of the share purchase agreements under all share purchase agreements; and (ii) by accepting shares, Hyundai Animal Husbandry Holdings and its co-actors will hold a total of about 6.803 billion shares of China Shengmu shares, accounting for about 81.17% of all issued China Shengmu shares on the date of this joint announcement. Based on the current level of acceptance, China's Shengmu's public shareholding may not comply with section 13.32B of the listing rules.