Quzhou Development (stock code: 600208.SH): Termination of Purchase of 95.4559% Stake in Leader Electric Technology.

Zhtng Cijng APP news, Quzhou Development (600208.SH) issued an announcement that the 12th Board of Directors of the company approved the 27th meeting to terminate the proposal of issuing shares to purchase assets and raise matching funds and related party transactions. The board agreed to terminate the issuance of shares to purchase assets and raise matching funds and related party transactions, and authorized the company's management to handle the related termination matters.