Zhitong Finance App News, Changrun Co., Ltd. (603201.SH) announced that the company previously planned to acquire a total of 73.48% of Hubei Dafeng's shares held by Hubei Zhengao and Jugang International in cash, and acquire a total of 71.50% of the shares in Wuhu Dafeng held by Hubei Zhengao and Jugang International. Affected by future market uncertainties, the parties to the transaction failed to reach an agreement on key terms related to the transaction. In order to effectively protect the legitimate rights and interests of the company and all shareholders, after careful study by the company and friendly negotiations with all parties involved in the transaction, it was decided to stop planning the share acquisition.

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