Gelonghui, April 9 | “The first stock in children's clothing”, Annel (002875.SZ) once again fell to a standstill and recorded a drop for 2 consecutive days. It is now reported at 11.42 yuan, with a market value of less than 2.5 billion yuan. According to the news, the company recently announced the termination of the acquisition of 22% of the shares of Shenzhen Innovation Technology Co., Ltd. This move means that Annel's cross-border plans to enter the big data industry have been thwarted. It is worth mentioning that since the announcement of the acquisition plan on December 15, 2023, ANEL's stock price has soared, with a cumulative increase of 169.11% from February 8 to March 7, 2024. The market's enthusiastic response was in stark contrast to the abrupt termination of the acquisition plan.