Control Threshold Triggers Mandatory Cash Offer for Rongzun International

The latest announcement is out from B & D Strategic Holdings Limited ( (HK:1780) ).

Rongzun International Holdings Group Limited disclosed that Mr. Yang Jingyao, through an acquisition conducted after market close on 2 April 2026, purchased 84,000,000 shares from an existing shareholder at HK$0.52 per share. This transaction increased his stake from 19.84% to 33.39% of the company’s 620,000,000 issued shares, crossing the key threshold under Hong Kong takeover regulations.

As a result of this stake increase, Hong Kong’s Takeovers Code requires Mr. Yang to launch a mandatory conditional cash offer for all remaining issued shares not already owned or agreed to be acquired by him and his concert parties. The offer, to be made jointly by Lego Securities Limited and Fortune Origin Securities Limited on his behalf at HK$0.52 per share, could lead to a significant shift in Rongzun International’s ownership structure and may impact minority shareholders’ options and the company’s future control dynamics.

More about B & D Strategic Holdings Limited

Rongzun International Holdings Group Limited is a company incorporated in the Cayman Islands and listed in Hong Kong under stock code 1780. Detailed information on its industry, core operations, and primary products or services is not disclosed in the announcement.

Average Trading Volume: 6,417,867

Technical Sentiment Signal: Hold

Current Market Cap: HK$620M

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