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Core Viewpoint - Zhongnong Lihua has terminated its acquisition of at least 50% of Taizhou Agricultural Materials Co., Ltd. after failing to reach a consensus on key terms of the deal with the shareholders [2][5][6]. Group 1: Acquisition Details - The acquisition was initially proposed on May 20, with an intention to purchase shares from seven individual shareholders [2][5]. - The termination of the acquisition was mutually agreed upon after discussions failed to yield a final agreement on core terms [6]. - Zhongnong Lihua stated that the termination will not significantly impact its financial or operational status, nor harm the interests of the company and its shareholders [4][6]. Group 2: Company Performance - Zhongnong Lihua reported a revenue of 8.95 billion yuan for the first three quarters, reflecting a year-on-year increase of 5.11% [8]. - However, the net profit attributable to the parent company was 151 million yuan, showing a decline of 13.63% compared to the previous year [8]. - The company primarily engages in pesticide distribution and agricultural technology services, aiming to enhance market penetration and customer engagement through the acquisition [7][8]. Group 3: Future Outlook - Despite the termination of the acquisition, Zhongnong Lihua plans to continue exploring cooperation opportunities with Taizhou Agricultural Materials and will adhere to legal requirements for any future agreements [5][7].