Lvji Technology Reassesses Debt Acquisition Strategy

Lvji Technology Holdings, Inc. (HK:1745) has released an update.

Lvji Technology Holdings Inc. is reconsidering its previously announced major transaction involving the acquisition of debt, specifically the Huangtengxia series loan claims, and is negotiating to lower its contribution ratio in the deal. The company has advised shareholders and potential investors to exercise caution when dealing in its shares, as the transaction details are still being finalized and there will be no circular or extraordinary general meeting about the acquisition at this time. The Board has assured, however, that this change in plans will not materially affect the Group’s business operations or financial position.

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