Gelonghui, May 30丨ST Jinggu (600265.SH) announced that from October 2023, the company will begin planning to acquire no more than 11% of Huiyin Wood's shares held by minority shareholders of the holding subsidiary Huiyin Wood through cash payments. Although the current business situation of Huiyin Timber is good, considering that the parties to the transaction disagree on the core terms of the acquisition, such as the share ratio and profit commitment arrangements, and that the acquisition planning has continued for a long time, it was decided to terminate the acquisition after friendly negotiations between the parties involved in the transaction.