JXPCB terminates the issuance of shares and cash payment for asset acquisition and the fundraising of supporting funds
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JXPCB announced the termination of the transaction to acquire 100% equity of Shenzhen Jiazhihong Electronics Co., Ltd. through the issuance of shares and cash payment. Due to the failure to complete the audit and evaluation work on time, and the inability of the parties involved in the transaction to reach an agreement on the extension, the company decided to terminate the transaction based on prudent considerations after friendly consultations and thorough discussions, in order to protect the long-term interests of the listed company and its investors
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