Yiwang Yichuang (300792.SZ) terminates the issuance of shares and cash payment for asset acquisition and the related fundraising matters.

Zhitong Finance APP reported that Yiwan Yichuang (300792.SZ) announced that the company has decided to terminate the issuance of shares and cash payment to acquire 100% equity of Beijing Lianshi Chuanqi Network Technology Co., Ltd. and to raise supporting funds. As the parties involved in the transaction have not been able to reach a consensus on the core terms of the deal, the project no longer has a basis for further advancement. To protect the legal rights and interests of the company and all its shareholders, after careful consideration and friendly negotiations with the counterparties, the company has decided to terminate this matter.