Is Shandong Dongjia Group to be acquired?

Shandong Dongjia Group will not be acquired. Shandong Dongjia Group was established in 1956. It is composed of seven companies, including Shandong Dongjia Group Co., Ltd., Sino-Japanese joint venture Shandong three sheng Titanium Industry Co., Ltd., Zibo Jiayang Cobalt Industry Co., Ltd. and Zibo Cobalt Industry Co., Ltd., and has developed into a large modern private joint-stock enterprise in Zibo with good development prospects. As of June 18, 2023, Jin Ying was in a normal state and the company had sufficient funds, so it was not officially released.