Swancor Advanced Materials: Zhiyuan Hengyue offers to acquire 37% of shares, requiring up to 1.161 billion yuan

Swancor Advanced Materials announced that Shanghai Zhiyuan Hengyue Technology Partnership issued a partial tender offer to all shareholders except for itself and its concerted parties, intending to acquire 149 million shares, accounting for 37.00% of the total share capital, with a tender offer price of 7.78 yuan per share. The acquisition period is from September 29, 2025, to October 28, 2025, with a maximum total funding requirement of 1.161 billion yuan. The acquirer has deposited 232 million yuan as a performance guarantee. As of October 20, the total number of shares tendered is 136 million shares, accounting for 33.6317% of the company's total shares