Fudan Forward S&T to End Plans to Acquire Stake in Fuhua Longzhang Health Tech

MT Newswires Live

2025/07/28

Shanghai Fudan Forward S&T (SHA:600624) decided to terminate its plan to acquire 28% of Fuhua Longzhang Health Technology (Shanghai), according to a Shanghai bourse disclosure on Saturday.

The software developer and biomedicine company's shares fell less than 2% during Monday's afternoon trade.

The decision was made because the potential transferee did not pay the deposit during the public listing period.

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