Jinfu Technology Terminates Plan for Acquisition

According to the micro-network news, Jinfu Technology recently announced that the company had suspended trading in major asset purchases, planned to issue shares and pay cash to purchase 100% of Guangdong Hongqing Electronic Material Technology Co., Ltd., and raised matching funds. The ownership of some production bases is not expected to be properly resolved within the original estimation period, and the transaction counterparty fails to reach agreement on the core terms. The company decided to terminate the restructuring.

2016 GoodChinaBrand | ICP: 12011751 | China Exports