NEWLINK TECH Abandons Planned Acquisition of HK Ant Global Investment

Stock News09-18 20:34

NEWLINK TECH (09600) has announced the termination of its proposed acquisition of HK Ant Global Investment Co., Limited, following the signing of a termination agreement on September 18, 2026, after market close.

The company, along with the target company, its shareholders Silicon Base Technology Limited and Ant Global Investment Co., Ltd, and beneficial owners Qu Zhaojuan and Yuan Xiaona, mutually agreed to discontinue the memorandum of understanding that was previously in place for the intended share purchase of the entire equity in the target company. This decision came after friendly consultations among all involved parties.

Under the terms of the termination agreement, none of the parties are required to pay compensation or bear any legal liability to any other party in connection with the discontinued memorandum or the ceased acquisition. Furthermore, the termination does not constitute any admission of breach, fault, or legal responsibility by any party involved.

The board of directors has assessed that the termination of the memorandum and the cessation of the acquisition will not have any material adverse impact on the group's financial condition or business operations. The board also confirmed that this decision aligns with the overall interests of the company and its shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131729262?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-18 20:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131729262","market":"fut","top_or_hot":-1,"title":"NEWLINK TECH Abandons Planned Acquisition of HK Ant Global Investment","media":"Stock News","content":"<p><b>NEWLINK TECH</b> (09600) has announced the termination of its proposed acquisition of HK Ant Global Investment Co., Limited, following the signing of a termination agreement on September 18, 2026, after market close.<br><br>The company, along with the target company, its shareholders Silicon Base Technology Limited and Ant Global Investment Co., Ltd, and beneficial owners Qu Zhaojuan and Yuan Xiaona, mutually agreed to discontinue the memorandum of understanding that was previously in place for the intended share purchase of the entire equity in the target company. This decision came after friendly consultations among all involved parties.<br><br>Under the terms of the termination agreement, none of the parties are required to pay compensation or bear any legal liability to any other party in connection with the discontinued memorandum or the ceased acquisition. Furthermore, the termination does not constitute any admission of breach, fault, or legal responsibility by any party involved.<br><br>The board of directors has assessed that the termination of the memorandum and the cessation of the acquisition will not have any material adverse impact on the group's financial condition or business operations. The board also confirmed that this decision aligns with the overall interests of the company and its shareholders.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NEWLINK TECH Abandons Planned Acquisition of HK Ant Global Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNEWLINK TECH Abandons Planned Acquisition of HK Ant Global Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-09-18 20:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>NEWLINK TECH</b> (09600) has announced the termination of its proposed acquisition of HK Ant Global Investment Co., Limited, following the signing of a termination agreement on September 18, 2026, after market close.<br><br>The company, along with the target company, its shareholders Silicon Base Technology Limited and Ant Global Investment Co., Ltd, and beneficial owners Qu Zhaojuan and Yuan Xiaona, mutually agreed to discontinue the memorandum of understanding that was previously in place for the intended share purchase of the entire equity in the target company. This decision came after friendly consultations among all involved parties.<br><br>Under the terms of the termination agreement, none of the parties are required to pay compensation or bear any legal liability to any other party in connection with the discontinued memorandum or the ceased acquisition. Furthermore, the termination does not constitute any admission of breach, fault, or legal responsibility by any party involved.<br><br>The board of directors has assessed that the termination of the memorandum and the cessation of the acquisition will not have any material adverse impact on the group's financial condition or business operations. The board also confirmed that this decision aligns with the overall interests of the company and its shareholders.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1155","symbol_name":"信息科技咨询与其它服务","start_time":0,"source_url":"","article_id":"1131729262","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131729262","pubTimestamp":1789734854,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"NEWLINK TECH (09600) has announced the termination of its proposed acquisition of HK Ant Global Investment Co., Limited, following the signing of a termination agreement on September 18, 2026, after...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1155":"信息科技咨询与其它服务","BK1518":"SaaS概念","09600":"新纽科技"},"translate_title":"新联科技放弃收购香港蚂蚁环球投资的计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09600":1},"content_text":"NEWLINK TECH (09600) has announced the termination of its proposed acquisition of HK Ant Global Investment Co., Limited, following the signing of a termination agreement on September 18, 2026, after market close.The company, along with the target company, its shareholders Silicon Base Technology Limited and Ant Global Investment Co., Ltd, and beneficial owners Qu Zhaojuan and Yuan Xiaona, mutually agreed to discontinue the memorandum of understanding that was previously in place for the intended share purchase of the entire equity in the target company. This decision came after friendly consultations among all involved parties.Under the terms of the termination agreement, none of the parties are required to pay compensation or bear any legal liability to any other party in connection with the discontinued memorandum or the ceased acquisition. Furthermore, the termination does not constitute any admission of breach, fault, or legal responsibility by any party involved.The board of directors has assessed that the termination of the memorandum and the cessation of the acquisition will not have any material adverse impact on the group's financial condition or business operations. The board also confirmed that this decision aligns with the overall interests of the company and its shareholders.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.0","shortVersion":"4.50.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131729262","isCrawlerRequest":true}