Core Viewpoint - The company, Taifu Pump Industry (300992.SZ), announced its intention to acquire at least 51% of the shares of Nanyang Huacheng Technology Co., Ltd. to gain control over the company, but has decided to terminate the acquisition process due to a lack of agreement on the final transaction plan with the other parties involved [1]. Group 1 - The company signed a letter of intent for the acquisition on July 9, 2025, with shareholders Shao Yutian, Feng Jiangping, and Lin Fubin of Nanyang Huacheng [1]. - The acquisition was planned to be executed through cash payment [1]. - The company conducted thorough due diligence, including commercial, legal, and financial investigations, in compliance with relevant laws and regulations [1]. Group 2 - Despite multiple negotiations regarding the transaction plan, the parties were unable to reach a consensus [1]. - To protect the interests of all parties and shareholders, the company decided to terminate the major asset restructuring matter after careful consideration and friendly discussions with the relevant parties [1].
泰福泵业(300992.SZ)终止筹划重大资产重组