Guangdong Quanzhou Technology Co., Ltd. announced the termination of the planned transfer of 40% equity in its wholly-owned subsidiary, Shenzhen Yimi New Energy Co., Ltd. The termination is due to changes in market conditions and the company's own restructuring situation, which have prevented agreement on key terms and introduced uncertainty. The termination is not expected to negatively impact the company's daily operations.
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Guangdong Quanzhou Technology Co., Ltd.
Announcement on Termination of Transfer of Equity in a Wholly-Owned Subsidiary
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
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