
Brief News: JD LOGISTICS plans to acquire the remaining shares of DEPPON, and DEPPON will delist from the A-share market

JD LOGISTICS plans to acquire nearly 20% of DEPPON's remaining shares at a price of 19 yuan per share, and DEPPON will delist from the A-share market. A wholly-owned subsidiary of JD LOGISTICS proposed the acquisition, which has been approved by DEPPON's board of directors, with an estimated transaction value of approximately 3.797 billion yuan, representing a premium of 35.33% over the price before the suspension. JD LOGISTICS stated that this move will help integrate resources and reduce costs. After delisting, DEPPON will apply to continue trading on the National Equities Exchange and Quotations system. JD LOGISTICS's stock price opened lower on Wednesday at HKD 11.72, down 0.85%
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