水发燃气: 关于提请股东大会批准认购对象及其一致行动人免于以要约收购方式增持公司股份的公告

Core Viewpoint - The company is seeking shareholder approval to exempt its controlling shareholder, Water Development Group, and its concerted actors from making a mandatory tender offer after a specific stock issuance, which would increase their combined ownership above 30% [1][2]. Group 1 - The company held meetings on June 24, 2025, where the board approved a proposal to seek shareholder approval for the exemption from the mandatory tender offer requirement [1]. - Water Development Group currently holds 111,768,935 shares, while its concerted actors hold a combined total of 84,707,751 shares, resulting in a total ownership exceeding 30% [1]. - The issuance of new shares to Water Development Group will trigger a mandatory tender offer obligation under the relevant regulations [1]. Group 2 - According to Article 63 of the "Measures for the Administration of Acquisitions of Listed Companies," investors can be exempt from making a tender offer if approved by non-related shareholders and commit to not transferring the newly issued shares for three years [2]. - Water Development Group has committed to not transferring the newly issued shares for 36 months following the issuance, which aligns with the exemption criteria [2]. - The proposal requires approval from the shareholder meeting, where related shareholders will abstain from voting [2].