Today, Yuanwang Valley closed up and stopped at 8.04 yuan/share, up more than 74% since July 23. According to the news, on the evening of September 10, Yuanwang Valley announced that the company signed a “Letter of Intent for Equity Investment” with Guangtai Communications and its shareholders on the same day, and that the company plans to acquire 100% of the shares of the target company held in total by Guangtai Communications shareholder Liu Yanwen and Shenzhen Guangtai Professional Technology Partnership. In response to this transaction, Yuanwanggu Company's wiring staff said that the company had a special investment company that communicated in the early stages of the project and generated initial investment intentions. This was based on the company's strategy and industry opportunities. The staff member stressed that only an agreement of intent was signed this time, and later it will be necessary to determine whether to make an actual purchase based on due diligence.

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