Anhui Xinli Finance Co., Ltd. cancelled the acquisition of additional 75.6% stake in Shenzhen Bak Power Battery Co., Ltd.
Anhui Xinli Finance Co., Ltd. (SHSE:600318) cancelled the acquisition of additional 75.6% stake in Shenzhen Bak Power Battery Co., Ltd. on march 31, 2022. Anhui Xinli Finance and Shenzhen Bak Power Battery could not reach an agreement and agreed to terminate the agreement.