Technology, Consumer Staples, Automotive Nov 17, 2021 08:09 PM (GMT+8) · EqualOcean
Cailian news agency, Nov. 17, St BUSEN announced that it plans to cancel Nanchang Xuanqi Technology Co., Ltd., a subsidiary of the company, and authorize the management to handle relevant liquidation and cancellation according to law. The company originally planned to acquire 60.4% equity of Guangdong Xinhui e-commerce Co., Ltd. with its subsidiary Nanchang Xuanqi Technology Co., Ltd. after comprehensive consideration of the progress of equity transfer of Guangdong Xinhui and the changes of market factors, the company decided to terminate the acquisition.

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