Hangzhou Jizhi Mechatronic (300553.SZ): Terminates the equity acquisition intention agreement with Pumai Technology.
(300553.SZ) released an announcement, previously disclosed that the company intended to acquire no less than 51% equity of Zhejiang Pumai Technology Co., Ltd. (hereinafter referred to as the "target company") in cash. After signing the "Acquisition Intention Agreement", the company actively promoted the acquisition-related work and hired an intermediary institution to conduct due diligence, evaluation, and other work on the target company. The two parties conducted multiple rounds of negotiations on the equity acquisition matter, but ultimately failed to reach a consensus on key terms. Based on the current actual situation, after careful consideration by the company, it has decided to terminate the "Acquisition Intention Agreement".
Hangzhou Jizhi Mechatronic (300553.SZ) announced that it plans to acquire no less than 51% equity of Zhejiang Pumai Technology Co., Ltd. (hereinafter referred to as the "target company") through cash payment. After signing the "Acquisition Intention Agreement", the company actively promoted the acquisition related work and hired intermediary agencies to conduct due diligence, evaluation and other work on the target company. The two parties conducted multiple rounds of negotiations on the equity acquisition, but ultimately failed to reach an agreement on key terms. Based on the current situation, after careful consideration, the company has decided to terminate the "Acquisition Intention Agreement".
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