The Zhitong Finance App learned that JuTeng International (03336) rose more than 10% in the afternoon. As of press release, it rose 10.17% to HK$2.33, with a turnover of HK$2.194,400.

According to the news, on November 6, Lansi Technology and JuTeng International jointly issued an announcement disclosing the latest developments in Lansi Technology's acquisition of JuTeng International. As of the date of this announcement, prerequisites 1, 7 and 12 have been fulfilled, and all other prerequisites have not been met. Prerequisite 8 has been approved by the Commerce Department, and the NDRC review is ongoing.

According to public information, Lansi Technology has previously signed a share purchase agreement with the relevant seller to acquire about 27.81% of the issued shares of Juteng International at a price of HK$2.20 per share. On the premise that the share purchase agreement is completed, Lansi Technology will also submit conditional voluntary full cash offers to other shareholders to obtain more than 50% of Juteng International's voting rights.

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