Core Viewpoint - Jinke Smart Service Group Co., Ltd. has announced that it meets the privatization conditions and will delist from the Hong Kong Stock Exchange, with a significant acceptance rate of 95.56% from independent shareholders for the buyout offer [1] Group 1: Delisting Announcement - The company has received valid acceptances for approximately 251.6 million shares from independent shareholders, representing 95.56% of the total independent shares of about 263.2 million, exceeding the 90% threshold required for delisting [1] - As of now, the offeror and its concert parties hold approximately 585 million shares, accounting for about 98.04% of the total issued shares of the company [1] - The offer will remain open for acceptance for at least 28 days, with the final deadline set for February 13, 2026, and the expected delisting date is February 20, 2026 [1] Group 2: Risks and Considerations - Post-delisting, investors will face core risks related to the loss of liquidity, as shares will no longer be traded on any stock exchange, and the Hong Kong Stock Connect trading channel will be terminated [2] - The company has reported cumulative losses of 3.37 billion over the past three years, with no dividends paid during this period, leading to uncertainty regarding future dividends [2] - Legal remedies, cross-border compliance, and long-term valuation risks are highlighted, including the lack of obligation for the offeror to acquire remaining shares post-delisting and potential difficulties in cross-border transactions [3]
金科服务H股要约收购引退市可能 多重投资风险需警惕