Changrun Co., Ltd. (603201.SH) terminates the planned acquisition of equity interests in Hubei Dafeng and Wuhu Dafeng.

Zhitong Finance APP News, Changrun Co., Ltd. (603201.SH) announced that the company had previously planned to acquire a total of 73.48% equity in Hubei Dafeng held by Hubei Zhengao and Jugang International in cash, and a total of 71.50% equity in Wuhu Dafeng held by Hubei Zhengao and Jugang International. Due to the impact of uncertain factors in the future market, the transaction parties were unable to reach an agreement on the key terms related to the transaction. In order to effectively safeguard the legitimate rights and interests of the company and all shareholders, after prudent study and friendly consultation with the transaction parties, the company decided to terminate the planning of this equity acquisition matter.