knockoutpoker| Holley Technology: Terminate the issuance of shares and pay cash to purchase assets and raise matching funds

Holley Technology (Rights Protection) Announcementknockoutpoker, the company originally planned to purchase Shanghai Jiaxing Automobile Service Co., Ltd. by issuing shares and paying cash 54knockoutpoker.4842% equityknockoutpoker, and plans to issue shares to no more than 35 qualified specific objects to raise matching funds. This transaction is expected to constitute a major asset reorganization. Due to the long planning of this transaction, the market environment has undergone greater fluctuations and changes compared with the beginning of this transaction planning. Taking into account the influence of various factors, all parties to the transaction believe that there is a greater uncertainty risk in continuing to advance this transaction at this stage. After full careful study and consultation with the counterparty, the company decided to terminate this transaction and terminate the signed relevant agreements to issue shares and pay cash to purchase assets.

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