Announcement on Receipt of Notification from Shenzhen Stock Exchange to Resume Review of Issuance of Shares and Cash Payment for Asset Acquisition
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Hunan Friendship Apollo Commercial Co., Ltd. (hereinafter referred to as "the Company") intends to acquire 100% equity of Shenzhen Shangyangtong Technology Co., Ltd. through the issuance of shares and cash payment to 37 counterparties including Jiang Rong, Jiang Feng, Xiao Sheng'an, Shenzhen Zishu Management Consulting Partnership (Limited Partnership), and Shenzhen Qingshu Investment Partnership (Limited Partnership), while also raising supporting funds (hereinafter referred to as "this transaction").