Core Viewpoint - DreamNet Technology has announced the termination of its plan to issue shares and pay cash to acquire all shares of Hangzhou Bicheng Digital Technology Co., Ltd. and to raise matching funds due to legal issues affecting a key stakeholder [1][2] Group 1: Transaction Details - The company had intended to acquire Hangzhou Bicheng Digital Technology but decided to terminate the transaction after a key stakeholder, Hangzhou Chengxiang Enterprise Management Partnership, received a court summons and had its shares frozen [1] - The board of directors approved the termination of the transaction during the fourth meeting of the ninth board session on August 28 [1] Group 2: Impact on Company Operations - DreamNet Technology stated that the termination of this major asset restructuring will not have a significant adverse effect on its production operations or financial status [2] - The company emphasized that there is no harm to the interests of the company or minority shareholders as a result of this decision [2]
梦网科技终止重大资产重组