Shenghui Technology (300423.SZ): Termination of issuance of shares for asset acquisition and continued negotiation for cash acquisition of Hep Energy equity.

Zhiyuan Finance APP news, Shenghui Technology (300423.SZ) announced that the company intends to terminate the original plan to issue shares to acquire 85% of the equity in Hep Energy Environment Technology Co., Ltd. (referred to as Hep Energy or the target company) and raise matching funds, and will instead acquire Hep Energy's equity in cash. The company has now signed a "Framework Agreement for Cash Purchase of Assets" with five original shareholders of Hep Energy and the target company.