Core Points - Nanjing Public Utility has announced the termination of the cash acquisition of 68% equity in Hangzhou Yugu Technology Co., Ltd. due to a lack of agreement on transaction terms with the counterparty [1] - The company had previously adjusted its acquisition strategy from issuing shares and cash to solely cash payment for the acquisition of Yugu Technology [2] - The transaction is still in the preliminary stage and does not require shareholder approval, and it is not expected to adversely affect the company's operations or financial status [3] Summary by Sections Termination of Acquisition - Nanjing Public Utility's board approved the termination of the cash acquisition of 68% equity in Yugu Technology, citing failure to reach an agreement on transaction terms with the counterparty [1] - The decision was made after thorough consideration and discussions with the counterparty, leading to the signing of a termination agreement [1] Adjustment of Acquisition Strategy - The company initially planned to acquire 68% of Yugu Technology through a combination of share issuance and cash payment but later decided to proceed with a cash-only acquisition to enhance efficiency and reduce costs [2] - This adjustment was made after careful consideration of the company's strategic planning and market conditions [2] Financial Impact and Performance - The adjustment to a cash acquisition will not have a significant negative impact on the company's existing operations or financial condition [3] - Financial performance data for Nanjing Public Utility shows revenue and net profit figures for the years 2022 to 2025, indicating fluctuations in revenue and profitability [3]
南京公用连3年扣非不足0.5亿 终止现金买宇谷科技股权