Zhitong Finance App learned that Huiliang Technology (01860) issued an announcement that it has entered into a settlement agreement with Hanli regarding the acquisition of shares in Beijing Reyun Technology Co., Ltd. The parties agree that after Reyun Technology fulfills its payment obligations under the settlement agreement, the parties' rights and obligations under the relevant acquisition agreement will be terminated and terminated, and the relevant arbitration and enforcement procedures will also be completely terminated. This settlement conforms to the overall interests of Huiliang Technology and shareholders, and brings positive significance to the certainty of business operations.

As of the close of trading on May 13, Huiliang Technology was up 5.5% to close at HK$3.07; as of the weekend, it was as high as HK$3.26, and the cumulative increase was over 35% from the recent low.