Zhitong Finance App News, Dongbai Group (600693.SH) issued an announcement. Since planning the Hangzhou Kuailing Optoelectronics Technology Co., Ltd. share acquisition transaction, the company and related parties have actively promoted related work, but the parties have failed to agree on the key terms of the transaction. In order to protect the legitimate rights and interests of the company and all shareholders, the company decided to terminate the share acquisition after careful evaluation.

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