IMYCC,Yitai Coal(900948) 新浪财经·2025-05-23 04:45Core Viewpoint - The competitive takeover of ST New潮 has reached a significant milestone, with the offer from Inner Mongolia Yitai Coal Co., Ltd. successfully meeting the necessary conditions for effectiveness [1][2]. Group 1: Takeover Details - As of May 22, 2023, 20,200 shareholders holding 3.407 billion shares of ST New潮 accepted the offer from Yitai B shares, representing approximately 50.10% of ST New潮's total share capital [1]. - The total amount offered by Yitai B shares exceeds 11.5 billion yuan [1]. - The offer price was set at 3.40 yuan per share, with a maximum of 3.468 billion shares targeted for acquisition, accounting for 51% of ST New潮's total shares [1]. Group 2: Offer Conditions - The effectiveness condition for the offer required that at least 1.9 billion shares be accepted by the deadline, which represents 28.00% of ST New潮's total shares [1]. - The acceptance of shares far exceeded the minimum requirement by the deadline [1]. Group 3: Competitive Landscape - Earlier in the year, ST New潮 faced a rare competitive acquisition attempt from Jindi Petroleum, which ultimately failed to meet the effectiveness conditions [4]. - The competitive nature of the acquisition indicates potential uncertainties regarding Yitai B's ability to secure control over ST New潮, especially considering the company's assets are primarily overseas and it currently lacks a controlling shareholder [4]. Group 4: Company Background - ST New潮, established in 1985, focuses on the exploration, extraction, and sale of oil and natural gas [4]. - Yitai Coal, founded in 1997, is the largest local coal enterprise in Inner Mongolia and one of China's major coal companies [4].