Summary by Moomoo AI
Micro-Union Group (stock code: 2013) announced on 21 January 2024 that a potential transaction had been terminated for the transfer of approximately 50% or more of the shares of its wholly-owned subsidiary Shanghai Micro-Jie Cultural Media Limited. Previously, the company issued an announcement on 16 January 2024 to consider listing the target company in part or as a whole in the domestic capital market. However, after receiving constructive feedback from shareholders, after further evaluation and due consideration, the Company has decided not to proceed with the transaction and considers that this decision will not have a material adverse effect on the Group's business operations and financial condition. Micro-Union Group said that the Group's business continued to grow steadily, with a...Show More