On May 25, *ST Yushun announced a significant asset restructuring plan, aimed at acquiring the full equity of three companies indirectly held by Olive Ida Limited through a cash transaction. These companies include Zhongenyun (Beijing) Data Technology Co., Ltd., Beijing Shenhuibiyuan Cloud Computing Technology Co., Ltd., and Zhongenyun (Beijing) Data Information Technology Co., Ltd. Currently, the company and all involved parties are diligently advancing the reorganization efforts, engaging qualified intermediary institutions to facilitate seamless coordination and ensure the smooth progression of the entire process.
