Announce: The planning to purchase 100% equity of Guangzhou Fengyun is in progress. Transaction work is currently underway.
Announcement by Annokia states that the company is currently planning to acquire 100% equity of Guangzhou Fengyun Information Technology Co., Ltd. by issuing shares and paying cash, while also planning to raise matching funds. It is expected to constitute a major asset restructuring and related transaction. The company's stock has been suspended from trading since April 8th and resumed trading on April 21st. As of the disclosure date of the announcement, the audit, evaluation, and other relevant work related to the transaction is proceeding as planned, and will be submitted for board approval once completed. This transaction still requires multiple procedures to be completed, and approval and timing are uncertain.
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