A · Important
[Dongbai Group: Termination of Acquisition of Partial Equity Interest in Hangzhou Kuailing Optoelectronics] On October 14th, Dongbai Group (600693.SH) announced that the company’s wholly-owned subsidiary Fujian Dongbai Chuangzhi Investment Co., Ltd. originally planned to acquire part of the equity in Hangzhou Kuailing Optoelectronics Technology Co., Ltd. However, due to the failure of all parties to reach an agreement on key terms, the company decided to terminate this equity acquisition. No formal agreement has been signed for this transaction, and its termination will not have a significant impact on the company's financial status and operations.
Comments