Core Viewpoint - The announcement serves as a second prompt regarding the tender offer by Ningbo Meishan Bonded Port Area Jincheng Shazhou Equity Investment Co., Ltd. to acquire shares of Fushun Special Steel Co., Ltd. at a price of 5.60 yuan per share, with the offer period running from August 12, 2025, to September 10, 2025 [1][2][3]. Group 1: Tender Offer Details - The tender offer price is set at 5.60 yuan per share, and the total number of shares intended for acquisition is 98,605,000 shares, amounting to a maximum total funding requirement of 552,188,000 yuan [1][3]. - The tender offer is not aimed at terminating the listing status of the company, and the share distribution will still comply with the listing conditions of the Shanghai Stock Exchange post-offer [3][4]. - The funding for the tender offer will come from the acquirer's own and self-raised funds, with no direct or indirect funding sourced from the listed company [4][5]. Group 2: Offer Period and Procedures - The tender offer period lasts for 30 calendar days, from August 12, 2025, to September 10, 2025, with specific restrictions on withdrawal of acceptance during the last three trading days [4][6]. - Shareholders wishing to accept the tender offer must submit their applications through their securities company during trading hours, and the application must include specific details such as stock code and account number [5][6]. - If the total number of shares tendered exceeds 98,605,000 shares, the acquirer will purchase shares on a pro-rata basis [6][7]. Group 3: Withdrawal and Confirmation Procedures - Shareholders can withdraw their acceptance of the tender offer during the offer period, but must do so through their securities company, and the withdrawal will take effect the next trading day after confirmation [7][8]. - In the event of competing offers, shareholders must withdraw their initial acceptance before submitting a new tender [8][9]. - After the tender offer period ends, the acquirer will deposit the required funds into a designated account and proceed with the transfer confirmation procedures with the Shanghai Stock Exchange [7][9].

Group 1 - The announcement is regarding the first indicative notice of a tender offer by Ningbo Meishan Bonded Port Area Jincheng Shazhou Equity Investment Co., Ltd. to acquire shares of Fushun Special Steel Co., Ltd. [2][3] - The tender offer is valid from August 12, 2025, to September 10, 2025, with the last three trading days being September 8, 9, and 10, during which shareholders cannot withdraw their acceptance of the offer [3][9]. - The number of shares to be acquired is 98,605,000, representing 5% of the total share capital of Fushun Special Steel, at a price of 5.60 yuan per share [5][6]. Group 2 - The offer price of 5.60 yuan per share is based on the arithmetic average of the weighted average price of the company's shares over the 30 trading days prior to the announcement, which was 5.36 yuan per share [3][6]. - The purpose of the tender offer is to increase the holding ratio in the listed company, consolidate control, and enhance the stability of the company's equity structure [6][8]. - The total maximum funds required for the tender offer amount to 552,188,000 yuan, which will be sourced from the acquirer's own and self-raised funds [8][19]. Group 3 - The tender offer is classified as a voluntary offer and is not a fulfillment of a statutory obligation [7]. - Shareholders can submit their acceptance of the tender offer through their securities companies during the trading hours within the offer period [10][11]. - As of August 14, 2025, a total of 36,900 shares have been accepted under the tender offer, accounting for 0.00187% of the total share capital [26].

Core Viewpoint - The announcement details the first indicative notice of a tender offer by Ningbo Meishan Bonded Port Area Jincheng Shazhou Equity Investment Co., Ltd. to acquire shares of Fushun Special Steel Co., Ltd. [1] Group 1: Tender Offer Details - The tender offer is valid from August 12, 2025, to September 10, 2025, with the last three trading days being September 8, 9, and 10, during which shareholders cannot withdraw their acceptance of the offer [2][4] - The offer price is set at 5.60 yuan per share, which is not lower than the highest price paid by the acquirer for the shares in the last six months prior to the announcement [2][3] - The total maximum funds required for the acquisition, based on the offer price and the number of shares to be acquired (98,605,000 shares), amounts to 552,188,000 yuan [3][4] Group 2: Purpose and Strategy - The purpose of the tender offer is to increase the acquirer's shareholding in the company, consolidate control, and enhance the stability of the company's equity structure [2][3] - The acquirer aims to leverage its resources to introduce more strategic and business resources to the company, facilitating its long-term and healthy development in the special steel and alloy materials market [2][3] Group 3: Offer Procedures - Shareholders can submit their acceptance of the tender offer through their securities company during the trading hours within the offer period [5][6] - If the total number of shares tendered exceeds 98,605,000 shares, the acquirer will purchase the shares on a pro-rata basis [6][7] - The acquirer will announce the status of the tender offer and any withdrawals daily on the Shanghai Stock Exchange website [8] Group 4: Current Status - As of August 14, 2025, a total of 36,900 shares have been tendered, representing 0.00187% of the company's total share capital [7][9]