Guangdong Hongyuan A: Termination of major asset restructuring planning.

date
20/06/2025
Yuexinhongyuan A Announcement, the company terminates the major asset restructuring plan. On June 7, 2025, the company disclosed the "Notice of Intention to Terminate the Major Asset Restructuring Plan". The major asset restructuring plan was only in the planning stage, and after multiple negotiations, the parties involved could not reach an agreement on core terms such as the transaction price, and could not reach a transaction plan and formal share transfer agreement. After friendly negotiations and careful consideration, it is proposed to terminate this planned restructuring. On June 19, 2025, the company signed a "Termination Agreement" with Zhu Kangjian, Wu Shangqing and their controlled companies (Guangzhou Weikangda Investment Consulting Co., Ltd., Gouqing City Teli Investment Partnership Enterprise, Gouqing City Hailan Investment Partnership Enterprise Limited Partnership, Gouqing City Desheng Investment Partnership Enterprise Limited Partnership). In view of the failure of the parties to reach an agreement on core terms such as the transaction price for this transaction, no final plan and formal agreement could be reached. With the unanimous agreement of all parties involved in the transaction, the major asset restructuring plan has been terminated.