Zhitong Finance App News, Shandong Huapeng (603021.SH) issued an announcement. The company held the 12th meeting of the 8th board of directors and the 8th meeting of the 8th board of supervisors on March 1, 2024 to review and pass the “Proposal on Terminating Issuance of Shares to Purchase Assets and Raising Supporting Funds and Related Transactions and Withdrawing Application Documents” and the “Proposal on Signing Related Termination Agreements between the Company and the Counterparty”, agreeing to terminate the issuance of shares and pay cash to purchase assets and raise supporting capital and related transactions and withdraw application documents with the counterparty agreement.