Dalian Wanyi Investment Co., Ltd. made an offer to acquire a 67% stake in Bright Oceans Inter-Telecom Corporation (SHSE:600289) for CNY 1.7 billion on November 22, 2021. Dalian Wanyi Investment will acquire 422,808,620 shares at a price of CNY 3.93 per share. The funds required for this tender offer come from the acquirer's own funds and self-raised funds.

Offeror has no plans to change the main business of Bright Oceans Inter-Telecom Corporation or make major adjustments to the main business. The tender offer is valid from November 25, 2021 to December 24, 2021. Beijing Boxing Securities Investment Consulting Co., Ltd. acted as financial advisor and Guangdong Huashang Law Firm acted as legal advisor to Dalian Wanyi Investment Co., Ltd.