Kindstar Globalgene Technology, Inc. (HK:9960) has released an update.
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Kindstar Globalgene Technology, Inc. has announced it will not proceed with the previously considered acquisition of Hainan Zhixin and related parties, after re-evaluating the transaction structure and conditions. The company remains committed to business cooperation with the target company, and advises shareholders and potential investors to be cautious when dealing in its securities.
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