The company's 8th Board of Directors' 5th meeting was held on March 12, 2026. The board approved the termination of the plan to acquire Sichuan Kyoto Longtai Technology Co., Ltd. via share issuance and cash payment, and to raise supporting funds. The decision was made due to disagreements on core terms, prioritizing shareholder interests.
Summary generated by AI · Always verify with source document
Securities Code: 300127 Securities Abbreviation: Yinhe Magnet Announcement No.: 2026-003
Chengdu Yinhe Magnet Co., Ltd. Announcement of Resolutions of the 8th Board of Directors' 5th Meeting
The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.