Henan Shijia Photons Technology (688313.SH) has terminated the purchase of equity in Dongguan Fukexi Ma Communication Technology Co., Ltd.

Shijia Guangzi (688313.SH) announced that the company had planned to acquire the equity of Dongguan Fukexima Communication Technology Co., Ltd. through the issuance of shares and payment of cash, and to raise matching funds. Since the start of this transaction, the company has actively organized the parties involved to advance the transaction, and has conducted multiple rounds of negotiations on the core terms of the transaction. However, in the end, they were unable to reach a consensus on key issues such as the transaction scheme, transaction price, and performance commitments. In order to effectively protect the long-term interests of the company and the majority of investors, after careful consideration, the company has decided to terminate this transaction.