KingSun juchuang the termination of the acquisition of 51% stake in science and technology

KingSun 5 day after the announcement, the company recently with poly technology on the "letter of intent" signed "equity acquisition" to terminate the agreement, the termination of the acquisition of 51% equity matters juchuang technology.

Announcements, KingSun last December 9th and juchuang technology signed a letter of intent to acquire equity, intends to acquire equity transfer juchuang technology 51% stake. Although after several friendly consultations between the two sides, failed to reach an agreement on specific matters of mergers and acquisitions, the two sides decided to terminate the acquisition of the project.

Qin said that the termination of the acquisition of the project will not affect the normal operation of the company, will not affect the company's future development plan.

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