Daqian(SH:603955) Zheng Quan Zhi Xing·2025-07-15 16:22Core Viewpoint - The company is seeking shareholder approval to exempt a specific investor, Suzhou Bubugao Investment Development Co., Ltd., from the obligation to make a tender offer following a planned issuance of A-shares, which would increase the investor's stake above 30% [1][2]. Group 1 - The company held its 17th meeting of the 5th Board of Directors and the 14th meeting of the 5th Supervisory Board on July 15, 2025, where it approved the proposal to seek shareholder approval for the exemption [1]. - Suzhou Bubugao Investment currently holds an 18.09% stake in the company, and upon completion of the share issuance, its stake will exceed 30% [1]. - The exemption is based on the provisions of the "Measures for the Administration of Acquisitions of Listed Companies," which allows for such exemptions if approved by non-related shareholders at a general meeting [2]. Group 2 - Bubugao Investment has committed not to transfer the newly acquired shares for a period of 36 months following the issuance, with certain exceptions for transfers between entities under the same actual controller [2]. - The proposal requires approval from the company's general meeting of shareholders, and related shareholders will abstain from voting on the matter [2].