
TNP: The preliminary pricing for the shareholder inquiry transfer is set at RMB 5.22 per share
TNP announced that, based on the inquiry subscription situation on July 8, 2025, the preliminary determined inquiry transfer price is RMB 5.22 per share. The number of institutional investors participating in this inquiry transfer bidding is 9, with a total effective subscription of 86.33 million shares, corresponding to an effective subscription multiple of 2.15 times. The shares intended for transfer in this inquiry transfer have been fully subscribed, with the preliminary determined transferees being 4 institutional investors, intending to acquire a total of 40.16 million shares. This inquiry transfer does not involve a change in the company's control and will not affect the company's governance structure and ongoing operations

