Zhejiang Wandekai Fluid Equipment Technology (301309.SZ): Termination of the planned acquisition of Zengrui Intelligent Control equity.
Wandekai (301309.SZ) announced that since the planning of the acquisition of 100% equity in Zengrui Intelligent Control began, the company has strictly followed relevant laws and regulations and actively organized all relevant parties to advance various tasks related to this transaction. Given the long duration of this transaction and changes in the capital market environment, and with the aim of effectively safeguarding the interests of the company and investors, improving transaction efficiency, and reducing transaction costs, after prudent assessment taking into comprehensive consideration the actual circumstances of the current transaction and factors such as the capital market environment, the company has decided to terminate the issuance of shares and payment of cash to purchase assets and raise supporting funds. In the future, the company does not rule out acquiring part of the equity in Zengrui Intelligent Control by cash.
Zhejiang Wandekai Fluid Equipment Technology (301309.SZ) announced that since the planning of the acquisition of 100% equity in Zengrui Intelligent Control began, the company has strictly followed relevant laws and regulations and actively organized all relevant parties to advance various tasks related to this transaction. Given the lengthy duration of this transaction and changes in the capital market environment, and with the aim of effectively safeguarding the interests of the company and investors, improving transaction efficiency, and reducing transaction costs, after comprehensive consideration of the actual situation of the current transaction and factors such as the capital market environment, and following prudent assessment, the company has decided to terminate this matter of purchasing assets through the issuance of shares and cash payment and raising supporting funds. In the future, the company does not rule out acquiring part of the equity in Zengrui Intelligent Control by cash.
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