Jinlong Co., Ltd. (000712.SZ) terminates the matter of acquiring a 29.3151% stake in Shenzhen Benmao.

Zhitong Finance APP News, Jinlong Co., Ltd. (000712.SZ) issued an announcement that the company previously planned to acquire 29.3151% of the shares of Shenzhen Benmao Technology Co., Ltd. (referred to as "Shenzhen Benmao"). Based on the company's actual operating conditions and overall strategic planning, and after comprehensively considering factors such as controlling investment risks and optimizing resource allocation, following prudent evaluation, the company has decided to terminate this asset acquisition matter. The termination of this asset acquisition matter does not involve any breach of contract and will not have a material adverse impact on the company's business management and financial condition.