Yangjie Technology: Termination of Stock Issuance and Cash Purchase of Bet Electronics; Planning to separately negotiate the acquisition of all or part of the target company's equity with cash.

date
17/07/2025
Yangjie Technology announced that the company has decided to terminate the issuance of shares and payment of cash to purchase assets and raise matching funds. The original plan was to purchase 100% of the shares of Dongguan Bet Electronic Technology Co., Ltd. Reasons for termination include changes in the capital market environment, inability of both parties to reach an agreement, and the inability to complete the transaction within the year as expected. The company will negotiate separately to acquire all or part of the target company's equity in cash.