SKK A has released an announcement regarding its decision to terminate the share issuance plan aimed at acquiring 78% of the shares of Hongjing Microelectronics from 17 transaction counterparties, including Liu Wei, and to raise supporting funds. The termination stems from the failure to reach an agreement on certain core terms between the company and the counterparties. The initial objective of this transaction was to bolster SKK A's strategic position and industrial competitiveness within the semiconductor sector.