-+ 0.00%
-+ 0.00%
-+ 0.00%
Zhitong Finance App News, Coson Technology (603626.SH) announced that the company previously intended to obtain 53.26% of Huizhou Zhanguo Technology Co., Ltd. (“Zhanguo Technology”) through capital increases and equity transfers, with a transaction amount of no more than 500 million yuan. Demand is strong in the downstream market of the industry in which Zhanguu Technology is located. Ongoing orders and customer development are good, but its business performance is still in the gradual release stage, and the compatibility between the scale of performance and transaction price still needs to be further observed and verified at this stage. In order to avoid valuation bias when Zhangu Technology's performance was not fully released, after careful research by the company and negotiations with the counterparty, it was decided to suspend the transaction.
Share
Listen to the news
Zhitong Finance App News, Coson Technology (603626.SH) announced that the company previously intended to obtain 53.26% of Huizhou Zhanguo Technology Co., Ltd. (“Zhanguo Technology”) through capital increases and equity transfers, with a transaction amount of no more than 500 million yuan. Demand is strong in the downstream market of the industry in which Zhanguu Technology is located. Ongoing orders and customer development are good, but its business performance is still in the gradual release stage, and the compatibility between the scale of performance and transaction price still needs to be further observed and verified at this stage. In order to avoid valuation bias when Zhangu Technology's performance was not fully released, after careful research by the company and negotiations with the counterparty, it was decided to suspend the transaction.
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.
What's Trending