Fuling Preserved Vegetable is planning to acquire a 51% stake in Weizimei, and the transaction is progressing in an orderly manner.
On April 25, 2025, Chongqing Fuling Pickles Group Co., Ltd. plans to acquire 51% equity of Sichuan Weizi Food Technology Co., Ltd. through the issuance of shares and cash payment, and the related proposal has been approved by the board of directors. As of the disclosure date of September 25, no events causing the cancellation, suspension, or amendment of the transaction have been found, and the audit, evaluation, and other work are proceeding in an orderly manner. The company has previously disclosed progress in announcements. This transaction does not constitute a related party transaction, a major asset restructuring, or a restructuring for listing, but it still requires approval from the board of directors and shareholders' meeting, as well as review from the Shenzhen Stock Exchange and registration from the China Securities Regulatory Commission. There is uncertainty regarding the timing of these processes. The company will release progress announcements every thirty days as required, reminding investors to pay attention to risks.
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