Ronshine serv (02207.HK) announced that Ronxin Yipin (the offeror) proposed to privatize the company through a scheme arrangement, with a cash price of 0.6 yuan per share, representing a 15.38% premium over the last trading price, involving approximately 79.86 million yuan. After it takes effect, the company will apply for the delisting of its shares from the Stock Exchange. Currently, the offeror and its concert parties together hold 73.8% of the company's equity.

The company's shares have been applied to resume trading on Monday (the 25th).