Newlink Technology Inc. Updates on Performance Guarantee in Acquisition of Neusoft Yuetong

Reuters06-11

Newlink Technology Inc. Updates on Performance Guarantee in Acquisition of Neusoft Yuetong

Newlink Technology Inc. has provided an update regarding the acquisition of 100% equity interest in Neusoft Yuetong. As part of the transaction, Newlink Technology Beijing, a wholly-owned subsidiary of Newlink Technology Inc., agreed to purchase the equity interest and make a capital increase to the Target Company. The acquisition involves an equity transfer consideration of RMB80,000,000, with additional commitments to succeed in the capital contribution obligations and a capital increase of RMB18,000,000. The update confirms that the Performance Guarantee Sellers, excluding Dai Linlin, have committed to fulfilling their obligations under the Acquisition Agreement, with the final compensation arrangements expected to be settled by 30 June 2025. This development was announced by Newlink Technology Inc. on 11 June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newlink Technology Inc. published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein.

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.

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