Zhitong Finance App News, Jingxi International (02339) issued an announcement. The company was informed by Tokyo West Zhixing Group, the holding stock of the company, that all prerequisites for the sale agreement had been reached or exempted, and that the potential acquisition was completed on October 8, 2026. As of the date of this announcement, Jingxi Zhixing Group held more than 50% of the voting shares already issued by Jingxi Beijing, and through its wholly-owned subsidiary, Jingxi Beijing held an interest in a total of 769 million shares, which is equivalent to about 59.50% of the total number of issued shares.

After completion, the seller transferred all of the shares of Jingxi Zhixing Group to Lixun Precision (a limited company incorporated in China and listed on the Shenzhen Stock Exchange (stock code: 002475) and the main board of the Stock Exchange (stock code: 02475) respectively), while Lixun Precision indirectly held about 59.50% of the total issued shares and became the company's ultimate controlling shareholder. In this regard, Lixun Precision has applied to the Securities Regulatory Commission for a confirmation that it is not necessary to make a full offer for the company in accordance with Rule 26.1, Note 8 (chain relationship principle) of the Takeovers Code. Executives have confirmed that, according to Rule 26.1, note 8 of the Takeovers Code, completion will not trigger a mandatory full offer obligation for shares.

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