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Naruixray Radar: Termination of Acquisition of 100% Equity Interest in Tianjin Sigma and Related Fundraising
People’s Financial News, March 23 — NaRui Radar (688522) announced on March 23 that the company originally planned to acquire 100% equity of Tianjin Sigma Microelectronics Technology Co., Ltd. (“Tianjin Sigma”) through issuing shares and paying cash, and to raise supporting funds. Due to changes in market conditions and other factors, after careful consideration, the board of directors agreed to terminate this transaction and withdraw the related application documents.