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Technology Oct 11, 2021 08:34 AM (GMT+8) · EqualOcean
Financial Associated Press, October 11 (Xinhua) China Power announced on the Hong Kong stock exchange that after several rounds of discussions and negotiations with Geely Electric Co., Ltd. and consulting external professional consultants on the asset restructuring proposal, the company and Geely Electric Co., Ltd. failed to reach a complete agreement on the core terms of the transaction. For the benefit of the company, Jidian shares and their respective shareholders, both parties agree to terminate the asset restructuring proposal.