Core Viewpoint - The company has decided to terminate the acquisition of assets and related fundraising due to the inability to reach an agreement on key terms with the counterparty, prioritizing the interests of the company and its shareholders [2][5]. Group 1: Termination of Transaction - On September 19, the company held meetings to approve the termination of the acquisition and related fundraising, and authorized management to handle the termination matters [4][5]. - The planned transaction involved acquiring 100% equity of Xinghe Power (Beihai) Technology Co., Ltd. from Shenzhen Xinghe Power Technology Co., Ltd. through a combination of share issuance and cash payment [5]. Group 2: Financial Performance - In the first half of 2025, the company reported revenue of 82.88 million yuan, a year-on-year decrease of 51.96%, and a net profit attributable to shareholders of -0.8498 million yuan, a decline of 112.14% [6]. - The company experienced delays in project bidding, contract signing, and acceptance due to reduced industry investment and delayed customer demand, leading to lower-than-expected new project numbers and amounts [6]. Group 3: Market Position and Strategy - The company aims to expand from G-end clients to large B-end clients through the terminated transaction, enhancing its customer base and entering the higher value-added data operation sector [5]. - The company specializes in providing professional information technology services for public safety and social governance, focusing on urban public safety management systems [5]. Group 4: Stock Performance - As of September 19, the company's stock closed at 15.03 yuan per share, with a total market capitalization of approximately 1.75 billion yuan [7].