Dexin Services Group Ltd. announced a new development in its acquisition plans with the 2025 Equity Acquisition. The company has entered into the 2025 Equity Transfer Agreement following an unexpected change in the shareholding structure of the Target Company, Deqing Moganshan Ruijing Real Estate Co., Ltd. Initially, an extraordinary general meeting was scheduled for Dexin China on 12 June 2024 to consider the 2023 Equity Transfer Agreement, but this meeting was cancelled. As a result, Dexin Services Group has initiated commercial negotiations with the new shareholders of the Target Company and has resolved to terminate the 2023 Equity Transfer Agreement. The company retains rights to withhold payments in case of undisclosed liabilities discovered after the transaction.
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