Zhitong Finance App News, Wandekai (301309.SZ) issued an announcement. Since planning to acquire 100% of Zeng Rui's shares, the company has strictly followed the requirements of relevant laws and regulations and actively organized all parties concerned to advance all aspects of this transaction. In view of the long period of time this transaction has taken and changes in the capital market environment, based on the purpose of effectively safeguarding the interests of the company and investors, improving transaction efficiency, and reducing transaction costs, and comprehensively considering factors such as the actual situation of the current transaction and the capital market environment, after careful investigation, the company decided to stop issuing shares and pay cash to purchase assets and raise supporting capital. In the future, it is not ruled out that part of Zeng Rui Intelligent Control's shares will be acquired in cash.

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