According to the Suzhou planning announcement, the company previously planned to issue shares and pay cash to purchase assets and raise supporting funds; the company reviewed and approved the termination matters and withdrew the application documents on August 28, 2026, and received a decision from the Shenzhen Stock Exchange on August 31, 2026 to terminate the review of the application.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.