Has Zhongtian Guo Fu Securities terminated Ningxia * * * Enjoy Group?

Was terminated, * * * Item Group (03344) terminated the acquisition of Ningxia Chenyu Environmental Protection 1 1.89% equity of the target company.

* * * Group (03344) announced that the two parties signed a termination agreement on June 9, 2020 after careful evaluation and increased uncertainty about the conditions to be reached in the near future regarding the acquisition of the target company 1 1.89% equity. According to the termination agreement, this agreement and the transactions to be conducted under this agreement have been terminated immediately, and all signatories have been released from their respective obligations and responsibilities.

* * * Item Group previously announced that on February 6, 2020, the company entered into an agreement with the seller Shengxin (Beijing) Investment Fund Management Co., Ltd. on the acquisition, and the company acquired the equity of the target company 1 1.89% from the seller, with a total consideration of1.20 million Hong Kong dollars. The announcement shows that the target company is Ningxia Chenyu Environmental Protection Technology Co., Ltd., which is mainly engaged in the disposal of industrial hazardous waste.