Technology Dec 24, 2020 08:09 PM (GMT+8) · EqualOcean
Jinzhi technology announced that in view of the merger of Qilu Transportation Development Group Co., Ltd. ("Qilu transportation"), the original strategic investor and subscriber of the company's non-public issuance of a shares, was absorbed and merged by Shandong Expressway Group Co., Ltd. ("Shandong Expressway Group"), and the promotion of related matters was not as expected, and the preconditions for the company's non-public offering of shares were not met, so comprehensive consideration should be given After in-depth communication and careful study with Shandong high speed group, the company decided to terminate the non-public offering of a shares due to the changes in the capital market environment and the internal and external factors of the company.