群兴玩具终止筹划重大资产重组事项

Core Viewpoint - The company has decided to terminate the major asset restructuring plan to acquire at least 51% of Hangzhou Tiankuan Technology Co., Ltd. due to failure to reach an agreement on key terms such as transaction price and scheme [1] Group 1 - The company initially planned to acquire a significant stake in Hangzhou Tiankuan Technology Co., Ltd. through a cash transaction [1] - The termination of the acquisition was a result of insufficient consensus among parties involved regarding core terms of the deal [1] - The company conducted thorough research and engaged in friendly negotiations with relevant parties before deciding to terminate the restructuring [1]