China Xuyang Group (01907.HK) has signed a termination agreement with Beijing Yihuatong, and both parties have agreed to terminate the framework agreement.
Zhixin Finance APP News, China Xuyang Group (01907.HK) announced that, concerning the potential sale and potential capital increase under the framework agreement entered into by Xuyang Group and Beijing Yihuatong, as the two parties could not reach a consensus on the final proposal for the potential sale and potential capital increase, in order to protect the interests of the company and investors, Xuyang Group and Beijing Yihuatong have decided not to proceed with the potential sale and potential capital increase. On September 5, 2025, Xuyang Group and Beijing Yihuatong entered into a termination agreement (termination agreement), agreeing to terminate the framework agreement and release each other from their respective responsibilities under the framework agreement, effective from the date of the termination agreement.
Latest