Fluent in English, received the privatization offer from the founder $1.13 per common share
It is announced today that the board of directors of the company has received the preliminary non binding proposal issued on August 4, 2021 by the company's co-founder, chairman and CEO Wang Yi, co-founder, director and chief technology officer (CTO) Hu Zhe, co-founder, director and chief scientist Lin Hui and pcil IV Limited (and its affiliated investment entities), It is planned to purchase all the issued common shares of the company not yet held by the above parties in cash of US $1.13 per common share (or ads).
This text is a result of machine translation.
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