Huanyu Logistics (Asia) (06083) changed its controlling interest and received a discount of about 20.51% and offered a full purchase offer

According to Zhitong Finance App, Huanyu Logistics (Asia) (06083) and proponent Lia Investment Limited jointly announced that on July 9, 2026, the offender, Qianshan Asia Buyout Fund, L.P. (Buyer B) plans to acquire a total of about 327 million shares from the seller, accounting for about 65.14% of the company's total issued share capital at the date of this joint announcement. The total cash cost is approximately HK$244 million, equivalent to HK$0.7472 per share. It was completed on July 17, 2026.

Immediately after completion and as of the date of this Joint Announcement, the Offeror, Buyer B, their respective ultimate beneficial owners and those acting in concert with any of them held interests in a cumulative total of approximately 327 million shares (accounting for about 65.14% of the company's total issued share capital). Therefore, in accordance with Rule 26.1 of the Takeovers Code, the offer price of each offered share is HK$0.7472, a discount of approximately 20.51% from the closing price of HK$0.94 per share reported on the Stock Exchange on the last trading day. The offeror intends to keep the shares listed on the Stock Exchange after the offer is settled. The company has applied to the Stock Exchange to resume trading shares at 9:00 a.m. on July 20, 2026.

As of the date of this joint announcement, the offenders are 80% and 20% owned by Mr. LAN SHUEN and Ms. HU LIO respectively, and the directors of the offenders are Mr. LAN SHUEN and Ms. HU LIO. Mr. LAN SHUEN and Ms. HU LIO are husband and wife. As of the date of this Joint Announcement, the Offeror has not engaged in any other business activity other than holding 244,964,000 shares.

Buyer B's general partner is Qianshan Management. Buyer B's limited partners are Mr. LAN Hu and Qianshan Holding. Buyer B's limited partners each own 50% of Buyer B's limited partnership interest. Qianshan Management is directly wholly-owned by Qianshan Holding, while Qianshan Holding is directly wholly owned by Mr. Wang.