Jaymei Technology: Terminate the planned acquisition of Suntown Hegemony.
Jiemete announcement, the company originally planned to purchase the controlling rights of Senton Helit Technology Co., Ltd. in cash, but due to the inability of the parties to reach a consensus on the core terms of the transaction, it has ultimately decided to terminate this major asset restructuring. This transaction was expected to constitute a major asset restructuring, but did not involve the issuance of shares, nor did it constitute a related party transaction. The termination of the restructuring will not have a significant adverse impact on the company's existing production and operation activities, financial condition, and strategic development.
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