BGI Nine Days: Termination of planning for major asset restructuring
2025-07-09 12:02:59
On July 9, BGI announced that the company held a meeting on July 9, 2025 to consider and pass the motion on terminating the issuance of shares and paying cash to purchase assets and raise supporting funds and related party transactions. The company originally planned to acquire 100% of the shares of the core and semiconductor technology (Shanghai) joint stock company and raise supporting funds, but the parties to the transaction did not reach an agreement on the core terms. In order to safeguard the interests of the company and all shareholders, it was decided to terminate this major asset restructuring.
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