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Jingsheng Co., Ltd. Calls Off Acquisition of Beijing Weizhun Intelligent Technology
17 hour ago /
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Author：小编
On the evening of August 30, Jingsheng Co., Ltd. made an announcement stating that, following thorough deliberation by its board of directors, the company had chosen to call off the planned issuance of shares and cash payment intended for the acquisition of 100% of the shares in Beijing Weizhun Intelligent Technology. This decision also entailed the cancellation of a significant asset restructuring and a related-party transaction that involved raising matching funds. The rationale behind these cancellations stemmed from alterations in the market environment that had occurred since the transaction was initially conceived.
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