Gelonghui May 20 δΈ¨*ST Tongzhou (002052carcrashsimulatorroblox.SZ) announcedcarcrashsimulatorrobloxOn May 20, 2024, the company held the 40th meeting of the 6th Board of Directors and the 23rd meeting of the 6th Board of Supervisors, and reviewed and approved the "Proposal on Terminating the Company's Issuance of Shares and Payment of Cash to Purchase Assets and Raising of Supporting Funds and Related Transactions", and agreed to terminate the Company's Issuance of Shares and Payment of Cash to Purchase Assets and Raising of Supporting Funds and Related Transactions (hereinafter referred to as the "Transaction").
Since the company planned and first announced this transaction, the company has actively organized all parties involved in the transaction to promote various tasks in accordance with relevant laws, regulations and regulatory documents, and fulfilled information disclosure obligations in accordance with relevant regulations. All parties to the transaction have conducted many demonstrations and negotiations on the transaction plan of this material asset reorganization, and all parties to the transaction believe that it is highly uncertain to continue to advance this material asset reorganization at this stage. In order to effectively safeguard the interests of the company and all shareholders, after careful study, the company and all parties to the transaction negotiated to terminate this transaction.