---
title: "CITMS terminates the additional issuance and acquisition-related matters"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258046400.md"
description: "According to the announcement from CITMS, the company's board of directors and supervisory board have reviewed and approved the proposal on \"Terminating the issuance of shares and cash payment for asset acquisition and fundraising for supporting funds and related party transactions\" and the proposal on \"Signing the termination agreement with the counterparty.\" They agreed to terminate the issuance of shares and cash payment for asset acquisition and fundraising for supporting funds and related party transactions, as well as to sign the relevant termination agreement with the counterparty, and authorized the company's management to handle matters related to the termination of this transaction"
datetime: "2025-09-19T08:54:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258046400.md)
  - [en](https://longbridge.com/en/news/258046400.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258046400.md)
---

# CITMS terminates the additional issuance and acquisition-related matters

According to the announcement from CITMS (688038.SH), the company's board of directors and supervisory board have reviewed and approved the proposal on "Terminating the issuance of shares and cash payment for asset acquisition and fundraising for supporting funds and related party transactions" and the proposal on "Signing the termination agreement with the counterparty." The company agrees to terminate this issuance of shares and cash payment for asset acquisition and fundraising for supporting funds and related party transactions, as well as to sign the relevant termination agreement with the counterparty, and authorizes the company's management to handle matters related to the termination of this transaction

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