According to the Zhitong Finance App, Dazhong Financial Holdings (00626.HK) and the offender Volkswagen Bank jointly announced that on August 19, 2026, the offeror requested the board of directors to make suggestions to the planned shareholders in order to privatize the company by means of an agreement arrangement in accordance with section 99 of the Company Law. The cancellation price of each planned share is HK$2.50, which represents a premium of approximately 61.29% over the closing price of HK$1.55 per share reported on the Stock Exchange on the last trading day. The total cash cost payable by the offeror to fully implement the proposed matters under its terms was approximately HK$735 million. The company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange starting at 9:00 a.m. on September 9, 2026.

According to the Zhitong Finance App, Dazhong Financial Holdings (00626.HK) and the offender Volkswagen Bank jointly announced that on August 19, 2026, the offeror requested the board of directors to make suggestions to the planned shareholders in order to privatize the company by means of an agreement arrangement in accordance with section 99 of the Company Law. The cancellation price of each planned share is HK$2.50, which represents a premium of approximately 61.29% over the closing price of HK$1.55 per share reported on the Stock Exchange on the last trading day. The total cash cost payable by the offeror to fully implement the proposed matters under its terms was approximately HK$735 million. The company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange starting at 9:00 a.m. on September 9, 2026.