Stress Holdings (02663) changed ownership with a discount of about 13.8% and offered a full purchase offer to resume trading on November 5

Zhitong Finance App News, Yingli Holdings (02663) and the offender Daxiang Energy Holdings Co., Ltd. jointly announced that on October 30, 2026, the offeror completed the acquisition of about 397 million shares of the company's shares, which is equivalent to about 71.32% of the company's total issued share capital on the date of this joint announcement. The total cash cost was approximately HK$214 million (equivalent to HK$0.5387 per share sold under a trading agreement); and completed the acquisition of 8.82 million BS sales shares without any property rights burden on the date of this joint announcement%, The total cash cost was approximately HK$4.7513 million (equivalent to HK$0.5387 per share of BS sales shares).

Following completion and as of the date of this Joint Announcement, the Offeror, its ultimate beneficial owners, and the concerted actors of any of them held interests in a total of approximately 406 million shares, accounting for approximately 72.90% of the total issued share capital of the Company. According to Rule 26.1 of the Takeovers Code, the offeror is therefore required to make a mandatory unconditional cash offer for all issued shares (other than shares already owned by the offeror, its ultimate beneficial owner, and any person acting in concert with them). The offer price of HK$0.5387 per share is approximately 13.8% off of the closing price of HK$0.625 per share on October 29, 2026. If the offer is fully accepted, the maximum price payable by the offeror under the offer will be approximately HK$81.36 million. The offeror intends to keep the shares listed on the Stock Exchange after the end of the offer.

Furthermore, the company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange starting at 9:00 a.m. on November 5, 2026.

As of the date of this joint announcement, the offeror is 100% owned by Mr. Hu Rong, who is also the sole director of the offeror.