Beijing Business Daily News (Reporter Ma Huancheng Intern Wang Manlei) On the evening of May 19slotscitycasino, Holley Technology (002729) disclosed that the company decided to terminate the acquisition of Shanghai Jiaxing Automobile Services Co., Ltd.(hereinafter referred to as "Jiaxing Automobile") 54slotscitycasino. 4842% equity and raising matching funds related matters.
Regarding the reasons for the reorganization and acquisition, Holley Technology stated that due to the long planning of this transaction, the market environment was more frequent than at the beginning of this transaction planning.slotscitycasinoIn view of the large fluctuations and changes, and taking into account the influence of various factors, all parties to the transaction believe that there is a large uncertainty risk in continuing to advance this transaction at this stage. In order to safeguard the interests of the company and relevant parties, after full and careful study and consensus with the counterparty, the company decided to terminate the acquisition of Jiaxing Automobile's equity and terminate the relevant agreements signed to issue shares and pay cash to purchase assets.