Goertek Inc. (002241.SZ) announced that it had previously planned to acquire 100% equity of Meya Precision Technology Limited and Changhong Industrial Limited, both wholly-owned subsidiaries of Lianfeng Commercial Group Limited, for approximately HKD 10.4 billion using its own or raised funds. However, the parties involved were unable to reach an agreement on key terms related to the transaction, leading to the decision to terminate the acquisition plan.
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