Xinyang Maojian Tea (00362.HK) issued an announcement on May 18th that Mudanjiang Longjin Liquor Industry Co., Ltd., an indirect wholly-owned subsidiary of the company concerned, acquired 100% of the equity interest in Beijing Yaolailong Micro Wine Industry Co., Ltd. And proposed to change the name of the company. As all the prerequisites for reaching the agreement are expected to be difficult, the agreement will be terminated on 18 May 2021 in accordance with the terms of the agreement, and the parties to the agreement shall not make any costs, damages, compensation or other claims against other parties. Therefore, the proposed change of company name should be terminated.
信阳毛尖(00362.HK)：终止收购北京耀莱龙微酒业100%股权
Xinyang Maojian Tea (00362.HK): terminating the acquisition of 100% equity interest in Beijing Yaolailong Micro Wine Industry
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