China GrenTech CORP LTD

listed = True...erger is not completed for any other reason, our shareholders will not receive any payment for their Shares or ADSs pursuant to the merger agreement. Instead, the Company will remain a publicly traded company. The Company’s ADSs will continue to be listed and traded on NASDAQ, provided that the Company continues to meet NASDAQ’s listing requirements. In addition, the Company will remain subject to SEC reporting obligations. Therefore, our shareholders will continue to be subject to similar risks and opportunities as they currently are with respect to their ownership of our Shares. Under specified circumstances in which the merger agreement is terminated, the C...

mechanism = FIXED...of William Blair discussed with the independent committee its preliminary financial analyses of the Company based on the Company Financial Projections and the transaction proposed by the Buyer Group to acquire the Shares (other than the Excluded Shares) at a purchase price of $0.124 per Share and $3.10 per ADS and presented the independent committee with a set of materials in connection with such preliminary financial analyses, including a selected public company trading analysis, selected transaction multiple analysis, discounted cash flow analysis, precedent leveraged acquisition analysis and precedent acquisitions of publi...

mechanism = FIXED...saction at a price of $0.124 per Share and $3.10 per ADS (each ADS representing 25 Shares) in cash, subject to certain conditions. Based on the knowledge and analysis of available information regarding the Company, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represented a premium of 45.0% to the volume-weighted average closing price of the Shares during the 60 trading days prior to N...

mechanism = FIXED...Company may face, the volume-weighted average closing price of the Company’s ADSs during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represented a premium of 45.0% to the volume-weighted average closing price of the Shares during the 60 trading days prior to N...

mechanism = FIXED...Company may face, the volume-weighted average closing price of the Company’s ADSs during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represented a premium of 45.0% to the volume-weighted average closing price of the Shares during the 60 trading days prior to N...

mechanism = FIXED...Company may face, the volume-weighted average closing price of the Company’s ADSs during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represented a premium of 45.0% to the volume-weighted average closing price of the Shares during the 60 trading days prior to N...

mechanism = FIXED...Company may face, the volume-weighted average closing price of the Company’s ADSs during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represented a premium of 45.0% to the volume-weighted average closing price of the Shares during the 60 trading days prior to N...

price = USD 3.1...25 Shares) in cash, subject to certain conditions. Based on the knowledge and analysis of available information regarding the Company, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represe...

price = USD 3.1...Ss during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represe...

price = USD 3.1...Ss during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represe...

price = USD 3.1...Ss during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represe...

price = USD 3.1...Ss during the 60 trading days prior to the submission of the proposal, and the limited trading volume of the Company’s ADSs on NASDAQ, Mr. Yingjie Gao determined that the proposed purchase price of $3.10 per ADS and $0.124 per Share would present a very attractive exit opportunity to the Company’s unaffiliated shareholders and ADS holders. As support for such determination, the proposal letter also stated that the offer represe...

txn_type = CONSOLIDATION...le Parent to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any o...

txn_type = CONSOLIDATION...Yin Huang to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for any o...

txn_type = CONSOLIDATION...Yin Huang to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. 57 Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for an...

txn_type = CONSOLIDATION...Yin Huang to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. 56 Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for an...

txn_type = CONSOLIDATION...Yin Huang to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. 59 Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for an...

txn_type = CONSOLIDATION...Yin Huang to acquire 100% control of the Company given that the Buyer Group, as a group, own approximately 40.1% of the total outstanding Shares. The independent committee did not consider any other form of transaction such as a tender offer, odd-lot offer or reverse stock split because the independent committee believed that the merger was the most direct and least confusing to unaffiliated shareholders and ADS holders in terms of deal structure. 59 Effects on the Company if the Merger is not Completed If the merger agreement is not approved by the Company’s shareholders or if the merger is not completed for an...

untradeable = True...tificate to your attention. If the merger is not approved at the extraordinary general meeting, the shareholders who have cancelled their ADSs and withdrawn the Shares may opt to (i) remain a registered holder of Shares of the Company (but note that currently there is no trading market for our Shares); or (ii) deposit their Shares with the custodian of the ADS depositary for issuance of ADSs in accordance with the terms of the deposit agreement. Shareholders who elect to dissent from the merger will have the right to seek appraisal and payment of the fair value of their Shares if the merger is completed, but only if they deliver to t...

untradeable = True...tificate to your attention. If the merger is not approved at the extraordinary general meeting, the shareholders who have cancelled their ADSs and withdrawn the Shares may opt to (i) remain a registered holder of Shares of the Company (but note that currently there is no trading market for our Shares); or (ii) deposit their Shares with the custodian of the ADS depositary for issuance of ADSs in accordance with the terms of the deposit agreement (including a payment by such shareholders of $0.05 per ADS issuance fees). Shareholders who elect to dissent from the merger will have the right to seek appraisal and payment of the fair value...

untradeable = True...tificate to your attention. If the merger is not approved at the extraordinary general meeting, the shareholders who have cancelled their ADSs and withdrawn the Shares may opt to (i) remain a registered holder of Shares of the Company (but note that currently there is no trading market for our Shares); or (ii) deposit their Shares with the custodian of the ADS depositary for issuance of ADSs in accordance with the terms of the deposit agreement (including a payment by such shareholders of $0.05 per ADS issuance fees). Shareholders who elect to dissent from the merger will have the right to seek appraisal and payment of the fair value...

untradeable = True...tificate to your attention. If the merger is not approved at the extraordinary general meeting, the shareholders who have cancelled their ADSs and withdrawn the Shares may opt to (i) remain a registered holder of Shares of the Company (but note that currently there is no trading market for our Shares); or (ii) deposit their Shares with the custodian of the ADS depositary for issuance of ADSs in accordance with the terms of the deposit agreement (including a payment by such shareholders of $0.05 per ADS issuance fees). Shareholders who elect to dissent from the merger will have the right to seek appraisal and payment of the fair value...

untradeable = True...tificate to your attention. If the merger is not approved at the extraordinary general meeting, the shareholders who have cancelled their ADSs and withdrawn the Shares may opt to (i) remain a registered holder of Shares of the Company (but note that currently there is no trading market for our Shares); or (ii) deposit their Shares with the custodian of the ADS depositary for issuance of ADSs in accordance with the terms of the deposit agreement (including a payment by such shareholders of $0.05 per ADS issuance fees). Shareholders who elect to dissent from the merger will have the right to seek appraisal and payment of the fair value...