农发种业: 中农发种业集团股份有限公司关于提请股东大会批准认购对象免于发出要约的公告

Core Viewpoint - The company is seeking shareholder approval to exempt China Agricultural Development Group and its affiliates from making a mandatory tender offer following a specific share issuance [1][2][3] Group 1: Share Issuance Details - The company plans to issue A-shares to China Agricultural Development Group and its affiliate, China Huanu Asset Management, which will increase their total shareholding from 79,175,306 shares to 509,707,594 shares, representing 43.89% of the total share capital [1] - The issuance will trigger mandatory tender offer regulations under the relevant management measures for listed companies [1] Group 2: Agreement and Conditions - An agreement has been signed between the company, China Agricultural Development Group, and Huanu Asset, stipulating that the newly acquired shares will not be transferred for 36 months post-issuance [2] - The exemption from the mandatory tender offer is contingent upon approval from the non-affiliated shareholders at the company's general meeting [2] Group 3: Board Approval and Related Transactions - The board has agreed to propose the exemption to the shareholders, with related directors abstaining from the vote due to the nature of the transaction [3] - The final decision on the exemption will require approval from the company's general meeting, with related shareholders also abstaining from voting [3]