Technology, Communication, Financials Oct 22, 2021 08:45 PM (GMT+8) · EqualOcean
Financial Associated Press, October 22 - Hualu Baina announced that the board of directors agreed to terminate the transaction of purchasing 100% equity of Beijing Guangyun animation culture Co., Ltd. and sign the termination agreement with the counterparty. After the termination of this transaction, the company will recover the paid consideration; Guangyun animation will no longer be included in the company's consolidated statements, and the goodwill in the company's consolidated balance sheet will be reduced by 161 million yuan.

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