Search
Capcloud (688228.SH) disclosed that it had initially intended to acquire the entirety of Shenzhen Jintaike's storage product business and subsequently transfer the operational assets of this business to its wholly-owned subsidiary, Nanning Tech. On February 24, the first session of the 2026 Special Meeting of the Fourth Board of Independent Directors of the company convened to review and endorse the proposal to halt this significant asset restructuring. Owing to shifts in the market landscape, the two transactional parties were unable to find common ground on the pivotal terms. In an effort to protect the company's interests and those of all its shareholders, the decision was made to discontinue the restructuring. This move is anticipated to have no adverse impact on the company's regular operations and will not infringe upon the rights of minority shareholders.
-
C114 Communication Network -
Communication Home
