A-Zenith(SH:603389) Zheng Quan Zhi Xing·2025-06-05 13:25Group 1 - The core viewpoint of the news is that Wu Tao is initiating a partial tender offer for shares of ST Yazhen, aiming to increase his control over the company and enhance its operational capabilities [11][13][31] - The tender offer involves acquiring 55,177,920 shares, representing 21.00% of the total share capital of ST Yazhen, at a price of 5.68 RMB per share [14][15][16] - The total maximum funding required for the tender offer is approximately 313.41 million RMB, with funding sourced from a loan agreement with Jinan Yuxiao Group [31][33] Group 2 - Wu Tao and his concerted action partner, Fan Weihao, have signed share transfer agreements to acquire a total of 78,825,500 shares, which is 29.99996% of ST Yazhen's total share capital [5][11] - The tender offer is not aimed at terminating the listing status of ST Yazhen, and if the share distribution does not meet listing conditions post-offer, solutions will be proposed to maintain its listing status [31][30] - The tender offer period is set for 30 days, from June 10, 2025, to July 9, 2025, during which shareholders can submit their acceptance of the offer [19][20]