Bang Technology (603151.SH) terminates major asset restructuring transaction.

date
11/11/2025
Zhtng Cijng APP news, Bangji Technology (603151.SH) announced that on November 11, 2025, the company held the 17th meeting of the second board of directors and approved the proposal to terminate the major asset restructuring transaction. The company agreed to terminate the purchase of 100% equity of Shandong Beixi Farm and Animal Husbandry Co., Ltd., Shandong Ruidong Weili Farm and Animal Husbandry Co., Ltd., Shandong Xinmu Farm and Animal Husbandry Technology Co., Ltd., Ruidong Farm and Animal Husbandry (Lijin) Co., Ltd., Ruidong Farm and Animal Husbandry (Shandong) Co., Ltd., Ruidong Weili Animal Husbandry (Binzhou) Co., Ltd., and 80% equity of Paisidong Animal Husbandry Technology Consultation (Shanghai) Co., Ltd. held by Riverstone Farm Pte. Ltd. through the issuance of shares and cash payment (referred to as "this major asset restructuring") and authorized the company's management to handle the related matters of this termination.