Log in to Sina Finance APP to search [Xinpi] to view more evaluation levels

On the evening of May 19winstarvideopoker, Holley Technology (Rights Protection)(002729) issued an announcement stating that the company terminated its plan to issue shares and pay cash to purchase assets and raise matching funds on May 17.

The announcement shows that the company originally planned to purchase Shanghai Jiahang Automobile Service Co., Ltd. held by Nanjing Lingxing Automobile Service Co., Ltd., Shanghai Fuying Enterprise Management Co., Ltd. and Shanghai Jiahe Zhixing Enterprise Management Center by issuing shares and cashwinstarvideopoker.4842% equity, and plans to issue shares to no more than 35 specific objects to raise matching funds. The transaction is expected to constitute a major asset reorganization, but will not change the actual controller of the company.

Holley Technology stated that during the promotion of transactions, it followed the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, hired intermediaries to conduct due diligence, audit and evaluation, and conductedwinstarvideopokerInternal decision-making and information disclosure. However, due to the long time planning for the transaction and major changes in the market environment, all parties to the transaction believed that there was a greater risk of uncertainty in continuing to advance and decided to terminate the transaction.

winstarvideopoker| AI Financial News| Holley Technology terminates the acquisition of 54.48% equity interest in Jiaxing Auto Services

The decision to terminate the transaction was adopted at the 15th meeting of the fifth board of directors and the 11th meeting of the fifth board of supervisors. According to relevant regulations, the termination of transactions does not need to be submitted to the shareholders 'meeting for review. The termination of the transaction will not have a material adverse impact on the company's production and operations, nor will it harm the interests of the company and minority shareholders.

Holley Technology promises not to plan any major asset reorganization matters for at least one month from the date of the announcement. The company apologizes for the inconvenience caused to investors by the termination of the transaction, and expresses its gratitude to investors who have long paid attention to and supported the company's development.

(Article source: Duchuang)