ANE received indicative acquisition proposals from a consortium

ANE announced on October 16 that it received a conditional acquisition proposal from a consortium consisting of Dazhang Capital, Temasek, and Danming Capital. If privatization occurs, it may lead to the company's delisting from the Hong Kong Stock Exchange. Dazhang Capital holds approximately 24.3% of the company's shares, making it the largest institutional shareholder. The announcement stated that there are no other proposals besides this acquisition suggestion, and market rumors are false information. The indicative proposal is still in the preliminary stage, and there is uncertainty about whether it can ultimately be converted into a formal offer. ANE has been suspended since September 18 and resumed trading today