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Guosheng Technology: Termination of the acquisition of 100% equity of Fuyue Technology
Mars Finance News: Guosheng Technology announced that the company plans to acquire 100% equity of Tongling Fuyue Technology Co., Ltd. through a transaction of 241 million yuan, involving the transfer of shares held jointly by Tongling Zhenghao Technology Co., Ltd. and Lin Qin. Due to the failure to reach an agreement on the merger loan in the conditions precedent of this transaction, the company has decided to terminate the acquisition. As of the announcement date, the company has not paid any funds, and the target equity under this transaction has not been transferred; the company is not in breach of any agreements. Terminating this acquisition will not adversely affect the company’s current operating performance and financial condition.