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惠云钛业:终止股权收购意向协议

Huiyun Titanium: Termination of Intent Share Acquisition Agreement

Breakings ·  Feb 28 18:16
Huiyun Titanium announced that the company previously planned to acquire shares in Detian Chemical Holdings using self-financing, and signed a letter of intent to acquire shares with Dongguan Litai Venture Capital Partnership (Limited Partnership) and others for Detian Chemical. After thorough verification and analysis, the parties to the transaction believed that the terms of the acquisition were not yet ripe and were unable to reach an agreement on the transaction within the agreed period. <股权收购意向书>The parties to the transaction agreed and jointly decided to terminate the share acquisition and signed the “Termination Agreement” on February 28. In addition, the company plans to repurchase shares for 20 million yuan to 30 million yuan, and the share repurchase price will not exceed 10.8 yuan/share (including the number of shares).

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