Jiayu Holding (300117.SZ) industrial investor Dao Ronghe Group exercises its unilateral right to terminate and exit from the company's restructuring investment.
ST Jiayu (300117.SZ) announcement, the company has received investment from Beijing Daorong Helik Technology Group Limited...
Jiayu Holding (300117.SZ) announced that the company has received a notice from industrial investor Beijing Daorong Helike Technology Group Co., Ltd. (referred to as "Daorong Helike Group") regarding their unilateral termination of the restructuring investment in the company. Daorong Helike Group believes that the feasibility of completing all pre-approval within the requested timeframe is low, and therefore they and the co-financial investors are unable to obtain the company's stock as per the agreements in the "Restructuring Investment Agreement" and its supplementary agreement.
Related Articles
US Stock Market Move | Nokia Oyj Sponsored ADR (NOK.US) rises 2% and establishes a new artificial intelligence department.
US Stock Market Move | Most new energy vehicle stocks are on the rise, with Lucid Group (LCID.US) up more than 8%.
Meta's annual Connect conference will release AI smart glasses. Zuckerberg is betting big on the smart hardware track.
US Stock Market Move | Nokia Oyj Sponsored ADR (NOK.US) rises 2% and establishes a new artificial intelligence department.
US Stock Market Move | Most new energy vehicle stocks are on the rise, with Lucid Group (LCID.US) up more than 8%.
Meta's annual Connect conference will release AI smart glasses. Zuckerberg is betting big on the smart hardware track.
