Zhitong Financial APP News, run China International Holdings (00202) announced that one of the prerequisites for the company's proposed sale of about 13.74% of the shares in Heilongjiang Middle School (600187.SH) (that is, the Shanghai Stock Exchange's confirmation of the signing of the sale agreement) could not be achieved. Therefore, Tianjin entered into a termination agreement with each buyer on November 29, 2021 to terminate the sale under the sale agreement with immediate effect.
The Directors are of the view that the termination of the sale under the termination Agreement will not have a material adverse impact on the financial position and operations of the Group.