drawpokerrules| Shenzhen Textile A terminates acquisition of 100% equity interest in Hengmei Optoelectronics

News summary

Newsletter text

[Shenzhen Textile A announced that it would terminate its acquisition of 100% equity of Hengmei Optoelectronics] Shenzhen Textile A recently revealed through an announcement that the company has decided to terminate the purchase of 100% equity of Hengmei Optoelectronics (600184) Co., Ltd. by issuing shares and paying cash. The move involved a total of 17 counterparties, including Chi Mei Materials Technology Investment Co., Ltd. and Haosheng Investment Management Co., Ltd. Previously, Shenzhen Textile A and the above-mentioned counterparty discussed the equity acquisition of Hengmei Optoelectronics.drawpokerrulesAfter in-depth discussions, it ultimately chose to terminate due to changes in the market environment and the failure of both parties to reach an agreement. Although the acquisition was unsuccessful, Shenzhen Textile A still said that the company will continue to seek other investment opportunities to further develop its business. The failure of this acquisition may have a certain impact on Shenzhen Textile A's share price. Investors need to pay close attention to the company's future movements in the capital market. At the same time, the market will also pay attention to whether Hengmei Optoelectronics 'shareholding structure will change. Currently, Shenzhen Textile A has not detailed the specific reasons for the termination of the acquisition. Market analysts expect that the company may disclose more details in future announcements. Investors should remain rational and focus on the company's long-term development rather than short-term fluctuations. The acquisition of Shenzhen Textile A reflects the complexity of the current capital market. In the future, how the company adjusts its development strategy to respond to market changes deserves investors 'attention. At the same time, the market will also pay close attention to the future development of Hengmei Optoelectronics to see whether it can find new investors or partners.