Detailed Investor Update: Privatisation Proposal for China Energy Storage Technology Development Limited
Key Points
- Privatisation Proposal: China Energy Storage Technology Development Limited (“the Company”) is the subject of a privatisation proposal by Fame Castle Enterprises Limited (“the Offeror”) via a scheme of arrangement under Section 86 of the Cayman Islands Companies Act.
- Proposed Withdrawal of Listing: As part of the proposal, the Company is seeking to delist from The Stock Exchange of Hong Kong Limited.
- Update on Scheme Document: The deadline for despatch of the Scheme Document has been extended to on or before 30 June 2026, with the consent of the Executive under Rule 8.2 of the Takeovers Code.
- Court Proceedings: The Company has applied to the Grand Court for directions to convene a Court Meeting regarding the proposal. The date for the “Directions Hearing” is still pending confirmation by the Grand Court.
- Further Announcements Expected: The Company and the Offeror will make further announcements regarding the progress of the proposal, the Court Meeting, and the despatch of the Scheme Document as appropriate.
Important Information for Shareholders
- Implementation Not Guaranteed: The implementation of the privatisation proposal and related option proposal is subject to certain conditions which may or may not be fulfilled or waived. As a result, there is no certainty that the scheme will become effective, or that the privatisation and delisting will proceed.
- Price Sensitivity: The outcome of the privatisation proposal and the potential withdrawal of listing could significantly affect the value of the Company’s shares. Shareholders, share option holders, and potential investors are strongly advised to exercise caution when dealing in the Company’s securities.
- Professional Advice Recommended: Those who are unsure about the appropriate actions to take should consult their stockbroker, licensed securities dealer, bank manager, solicitor or other professional advisors.
Directors’ Responsibility Statements
- The directors of the Offeror (Fame Castle Enterprises Limited) are Mr. Lee Kai Bon, Mr. Ng Kim Yuen, Mr. Wong Sik Hung, and Mr. Tam Kam Fong. They accept full responsibility for the accuracy of the information relating to the Offeror.
- The executive directors of the Company are Mr. Lin Dailian (Co-Chairman), Mr. Wang Wei (Co-Chairman), Mr. Liu Zhiwei, Ms. Wu Jingjing, and Ms. Bian Sulan. Independent non-executive directors are Mr. Li Huiwu, Mr. Wu Chi King, and Ms. Zhang Xiulin. The Company’s directors accept full responsibility for the accuracy of information relating to the Company.
Potential Share Price Impact
The announcement regarding the extension for the despatch of the Scheme Document, the pending court proceedings, and the continued uncertainty regarding the outcome of the privatisation proposal and delisting process are all material events. Any developments in these areas could have a significant impact on the Company’s share price due to the potential change in the status of the Company’s public listing and shareholder structure.
Next Steps and Timeline
- Await confirmation from the Grand Court regarding the Directions Hearing for the Court Meeting.
- Finalisation of information for the Scheme Document in preparation for the Directions Hearing.
- The Offeror and the Company will make further announcements as appropriate to keep the market informed.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own due diligence and consult with professional advisers before making investment decisions. The information herein is based on official company filings and announcements as of 20 May 2026. Market conditions and the outcomes of the privatisation proposal and delisting process may change.
詳細投資者報告：有關中國儲能科技發展有限公司私有化建議的最新通告
重點摘要
- 私有化建議： 中國儲能科技發展有限公司（「本公司」）正被名堡企業有限公司（「要約人」）以開曼群島公司法第86條下的計劃安排方式提出私有化。
- 建議撤銷上市： 作為私有化建議的一部分，本公司正尋求從香港聯合交易所有限公司撤銷上市地位。
- 計劃文件最新進展： 根據收購守則第8.2條的規定，計劃文件的寄發期限已延長至2026年6月30日或之前，並已獲執行人同意。
- 法院程序： 本公司已向大法院申請指示召開法院會議的安排，相關「指示聆訊」日期尚待大法院確認。
- 預期進一步公告： 本公司及要約人將於適當時候根據《上市規則》及《收購守則》作出有關私有化建議及法院程序的進一步公告。
股東需知重要事項
- 實施並非保證： 私有化建議及相關期權計劃的實施須符合若干條件，這些條件可能達成或被豁免，並無保證計劃最終生效，私有化及撤銷上市能否進行存在不確定性。
- 價格敏感信息： 私有化及可能撤銷上市的結果，或對本公司股份價格產生重大影響。股東、期權持有人及潛在投資者應高度審慎地處理本公司證券。
- 建議諮詢專業人士： 如對應採取的行動有任何疑問，應諮詢股票經紀、持牌證券交易商、銀行經理、律師或其他專業顧問。
董事責任聲明
- 名堡企業有限公司的董事包括李啟邦先生、吳劍源先生、黃錫鴻先生及譚錦芳先生。他們對與要約人有關的資訊之準確性承擔全部責任。
- 本公司執行董事包括林大連先生（聯席主席）、王偉先生（聯席主席）、劉志偉先生、吳晶晶女士及邊素蘭女士；獨立非執行董事為李惠武先生、胡志強先生及張秀琳女士。彼等對與本集團有關的資訊之準確性承擔全部責任。
潛在股價影響
關於計劃文件寄發延期、法院程序未定，以及私有化建議及撤銷上市進展的不確定性，均屬重大事項。這些發展可能因公司上市地位及股東架構的潛在變化，對公司股價產生重大影響。
後續步驟及時間表
- 等待大法院確認舉行指示聆訊的日期。
- 為指示聆訊最終敲定計劃文件內相關資料。
- 要約人及本公司將適時發布進一步公告以通知市場有關進展。
免責聲明
本文僅供參考，不構成投資建議。投資者應自行進行盡職調查，並諮詢專業顧問後方可作出投資決定。以上內容基於截至2026年5月20日的公司公告及披露，私有化及撤銷上市進展及市場情況可能隨時變化。
