Meinian Onehealth Healthcare Holdings Co., Ltd. Cancels Share Issuance Plan for Asset Acquisition

Stock News07-17

Meinian Onehealth Healthcare Holdings Co., Ltd. (SZSE: 002044) has announced the termination of its plan to issue shares for the acquisition of assets and related-party transactions.

The company had previously intended to purchase equity stakes in 11 companies, including Hengyang Meinian, and minority stakes in five controlled subsidiaries of companies such as Zhengzhou Meijian, through the issuance of new shares.

Given the extended timeline for advancing this transaction and the significant changes in the market environment since the initial planning stages, the company has decided to call off the deal.

This decision was made after careful consideration and amicable negotiations with the counterparties, with the primary aim of safeguarding the interests of the company and its investors.

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