Optics Tech terminates the issuance of new shares and cash acquisition of 100% equity in XianDao Electric
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Optics Tech announced the termination of its plan to issue new shares and acquire 100% of the shares of XianDao Electric Science. The company originally planned to purchase shares from all shareholders of XianDao Electric Science through the issuance of shares and cash, and to raise funds from specific investors. However, due to the prolonged restructuring planning period, changes in the external environment, and the failure to reach consensus with some counterparties, the company decided to terminate this restructuring
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