---
title: "Fuling Zhacai: Termination of the issuance of shares and cash payment for asset acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262610302.md"
description: "Fuling Zhacai announced the termination of the plan to issue shares and pay cash to acquire 51% equity of Sichuan Weizimei Food Technology Co., Ltd. Due to changes in the external environment and the failure to reach an agreement with the counterparty, the board of directors decided to terminate the transaction after careful consideration. This termination will not have a significant adverse impact on the company's existing business and strategic development. In the future, the company will continue to focus on the field of condiment dishes and may restart the acquisition at an appropriate time"
datetime: "2025-10-24T11:25:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262610302.md)
  - [en](https://longbridge.com/en/news/262610302.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262610302.md)
generator: "portal-rs"
---

# Fuling Zhacai: Termination of the issuance of shares and cash payment for asset acquisition

Fuling Zhacai announced that the company has decided to terminate the issuance of shares and cash payment for asset acquisition. Previously, the company planned to acquire 51% of Sichuan Weizimei Food Technology Co., Ltd. through the issuance of shares and cash payment. Due to changes in the external environment and the inability to reach an agreement with the counterparty, the company's board of directors, after careful consideration, believes that it is appropriate to terminate this transaction. This termination will not have a significant adverse impact on the company's existing business and strategic development. In the future, the company will continue to focus on the field of condiment dishes and may restart the merger and acquisition matter at an appropriate time

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**