Zhitong Finance App News, Lingpai Technology (300530.SZ) announced that the company previously planned to sell 100% of its shares in Guangdong Dazhi Chemical Technology Co., Ltd. (“Dazhi Chemical”) through public listing. The matter constituted a significant sale of assets. As of May 9, 2024, the official public listing disclosure period for 100% of Dazhi Chemical's shares has expired. Due to no effective bid by bidders, the official public listing was cancelled. The company's board of directors and board of supervisors deliberated and passed the “Proposal on Termination of the Sale of Significant Assets” and agreed to terminate the sale of significant assets.