Guangdong Prolto Supply Chain Management (002769.SZ) terminates the issuance of shares and cash payment for asset acquisition and supporting fund-raising.
Prolto (002769.SZ) announced that the company had previously planned to acquire 100% of the shares of Leqee Group Limited and 8.26% of the equity of Lemai Information Technology (Hangzhou) Co., Ltd. by issuing shares and paying cash, and to raise supporting funds.
Guangdong Prolto Supply Chain Management (002769.SZ) announced that the company had previously planned to acquire 100% of the shares of Leqee Group Limited and 8.26% of the equity of Lemai Information Technology (Hangzhou) Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. As the transaction parties failed to reach agreement on core commercial terms such as the implementation path of the transaction, the arrangement for the implementation of the transaction structure, and the delivery conditions, and the parties failed to reach relevant supplementary agreements or restated or amended agreements on the specific arrangements for this transaction within 6 months after the signing of the Asset Purchase Agreement, after consultation with the major shareholders of the counterparties and upon careful consideration, the company decided not to extend the aforementioned period and not to continue to pursue this transaction. The termination of the transaction will not have a material adverse impact on the company's existing daily operations and financial condition.
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