GRG Banking Equipment (002152.SZ) terminates the transfer of a 51% equity stake in Huitong Jinke.
Guangdian Yuntong (002152.SZ) disclosed an announcement regarding the termination of the transfer of 51% equity of its holding subsidiary Huitong Jinko...
GRG Banking Equipment (002152.SZ) announced the termination of the transfer of 51% equity of its subsidiary Huitong Jinke. As of September 19, 2024, Jiangsu Yunfa has failed to fulfill its payment obligations in accordance with the contract signed by both parties, and the overdue payment exceeds 30 days. According to the provisions of the Share Transfer Agreement, the company has decided to terminate the Share Transfer Agreement. The company has sent a notice of termination of the Share Transfer Agreement to Jiangsu Yunfa by express delivery on September 19, 2024, and reserves the right to further pursue Jiangsu Yunfa's breach of contract liability.
Related Articles

Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families






