EverProX Technologies (300548.SZ) terminated the acquisition of equity in Shanghai Honghui Guangli Communication.

EverProX Technologies (300548.SZ) announced that the company had previously announced its intention to acquire 93.8108% of the equity of Shanghai Honghui Guanglian Communication Technology Co., Ltd. (hereinafter referred to as "Honghui Guanglian") held by Shanghai Honghui Guangtong Technology Co., Ltd. Since the company signed the "Letter of Intent for Equity Acquisition of Shanghai Honghui Guanglian Communication Technology Co., Ltd." with Honghui Guangtong on February 24, 2026, the company has engaged intermediary agencies to conduct due diligence, audit evaluations, and other related work, and has conducted multiple rounds of friendly negotiations with Honghui Guangtong. However, the two parties have not been able to reach an agreement on the core commercial terms of this equity acquisition, especially the payment period and pace of the final transfer price. As of now, Honghui Guangtong has fully refunded the acquisition deposit paid by the company; the company has also received a "Letter of Termination of " from Honghui Guangtong; based on the above situation, the aforementioned letter of intent is accordingly terminated.