Shennong Group (605296.SH): terminate the issuance of A shares to specific targets through a simplified process in 2024.

Zhtng Cijng APP News, Shnnng Jtun (605296.SH) Announcement, Since the company announced the issuance of shares to specific targets through a simplified procedure for the 2024 fiscal year, the company has been actively promoting related work with relevant intermediary agencies. Due to changes in the market environment, after comprehensive consideration of the capital market situation and the company's overall development plan, the company has decided to terminate the issuance of shares to specific targets, and has applied to the Shanghai Stock Exchange to withdraw the relevant application documents after full communication and careful analysis with the relevant parties.