Xingji Times Plans To Acquire 79.09% Equity Of Meizu Technology Meizu Response: The Agreement Has Been Signed, And The Approval Procedures Of Relevant Regulatory Agencies Need To Be Fulfilled

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On the afternoon of June 13, it was previously reported that this afternoon (June 13), the State Administration of market supervision and administration announced the case of Hubei Xingji times Technology Co., Ltd. (hereinafter referred to as "Xingji times") acquiring the equity of Zhuhai Meizu Technology Co., Ltd. (hereinafter referred to as "Meizu technology").


According to the public information, Xingji times has signed an agreement with Meizu technology and the shareholders involved in the transaction. Xingji times plans to acquire 79.09% of the equity of Meizu in Zhuhai.

In this regard, Meizu responded that recently, Xingji times, led by Mr. LiShufu, has signed an agreement with Meizu technology on strategic investment. This transaction still needs to go through the approval procedures of relevant regulatory agencies, and the details of the transaction are still under negotiation.

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