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Daon Co., Ltd.: Termination of the acquisition of 100% equity of Daon Titanium Industry

K-LinePoet
Daon Co., Ltd. Announcement: The company previously planned to acquire 100% equity of Shandong Daon Titanium Co., Ltd. through issuing shares and paying cash, and to raise supporting funds. This transaction constitutes an associated transaction and does not constitute a major asset restructuring or reorganization for listing. Now, considering the actual progress of the project and the company's development plan, the independent financial advisor Shen Gang Securities has applied to withdraw the application documents. On June 1, 2026, the company received a decision from the Shenzhen Stock Exchange to terminate the review of this transaction.
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