Eft announced that the company plans to issue shares and pay cash to purchase 100% of Shanghai Shengpu Fluid Equipment Co., Ltd., which has constituted a major asset restructuring. On June 25, the company received the “Audit Inquiry Letter” issued by the Shanghai Stock Exchange. Since some matters need to be further implemented, after careful negotiation, it has submitted a written application for an extension of response to the Shanghai Stock Exchange. The application was deferred for no more than 1 month from the date the response period expires to submit the relevant documents. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. Whether it will be approved and when it will be approved is uncertain.

Eft announced that the company plans to issue shares and pay cash to purchase 100% of Shanghai Shengpu Fluid Equipment Co., Ltd., which has constituted a major asset restructuring. On June 25, the company received the “Audit Inquiry Letter” issued by the Shanghai Stock Exchange. Since some matters need to be further implemented, after careful negotiation, it has submitted a written application for an extension of response to the Shanghai Stock Exchange. The application was deferred for no more than 1 month from the date the response period expires to submit the relevant documents. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange and registered by the Securities Regulatory Commission. Whether it will be approved and when it will be approved is uncertain.