On March 5, 2024, Crown Global Group issued the "Discloseable Transaction and Continued Suspension of Trading on the Termination of the Acquisition of 20% Equity Investment in China Investment (Beijing) Equity Investment ** Management ***", indicating that Crown Global Group announced the termination of the transaction to acquire 20% of the equity of China Investment Haotian (Beijing) Equity Investment ** Management ***, because the buyer failed to complete the paid-up capital, and the two parties agreed to terminate the transaction. This decision has no impact on the company's financial condition and operations. The target company has not yet commenced business with a registered capital of RMB100,000,000, but it has not been fully paid up as of the date of the announcement. Trading in the Company's shares has been suspended since 3 July 2023 and will continue to be suspended. The announcement also clarified the relevant terms and reminded shareholders and potential investors to exercise caution.
Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.