NeuSoft(SH:600718) Zheng Quan Zhi Xing·2025-07-03 16:27Core Viewpoint - Dongsoft Group has decided to terminate the issuance of shares for asset acquisition and related fundraising due to changes in market conditions and the actual situation of the target company since the initial planning of the transaction [1][2][3] Group 1: Termination of Transaction - The company’s board approved the termination of the share issuance for asset acquisition and related fundraising on June 30, 2025, and authorized management to handle the termination matters [1] - The termination was based on the lack of consensus on transaction terms among parties and significant changes in market conditions and the target company's situation since the initial planning [2][3] Group 2: Investor Communication - An investor briefing was held on July 3, 2025, where the CEO and other executives addressed common investor concerns regarding the termination [1][2] - The company emphasized that the termination would not adversely affect its operational and financial status, as the acquisition of 57% of the target company had already been completed [2][3] Group 3: Market Environment and Company Strategy - The market environment has seen positive changes, particularly in AI technology, which has been a focus for the company [3][4] - Dongsoft Group is committed to focusing on core business areas, particularly in healthcare and intelligent automotive connectivity, while pushing for strategic transformation and innovation in AI and big data [4][5] Group 4: Financial Performance and Future Outlook - The company reported a significant increase in contracts related to AI applications, with a 106% year-on-year growth in new contracts worth 488 million yuan in 2024 [5] - The company aims to enhance its market value and profitability through ongoing strategic changes and innovation in its service offerings [5]