BRIEF-Fuwei Films (Holdings) Co., Ltd. Enters Into An Agreement And Plan Of Merger With Baijiayun Limited

Reuters

2022/07/18

July 18 (Reuters) - Fuwei Films (Holdings) Co Ltd :

* FUWEI FILMS (HOLDINGS) CO., LTD. ENTERS INTO AN AGREEMENT AND PLAN OF MERGER WITH BAIJIAYUN LIMITED, A VIDEO SAAS/PAAS, VIDEO CLOUD AND SOFTWARE, VIDEO AI AND SYSTEM SOLUTION PROVIDER

* FUWEI FILMS (HOLDINGS) CO LTD - UPON CONSUMMATION OF TRANSACTION, BAIJIAYUN WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF COMPANY

* FUWEI FILMS (HOLDINGS) CO LTD - BAIJIAYUN SHAREHOLDERS, CO SHAREHOLDERS WILL OWN ABOUT 96.79% AND 3.21%, RESPECTIVELY, OF SHARES OF COMBINED COMPANY

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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Enters Into An Agreement And Plan Of Merger With Baijiayun Limited\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2022-07-18 21:47</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p>July 18 (Reuters) - Fuwei Films (Holdings) Co Ltd   :</p><p>   * FUWEI FILMS (HOLDINGS) CO., LTD. ENTERS INTO AN AGREEMENT AND PLAN OF MERGER WITH BAIJIAYUN LIMITED, A VIDEO SAAS/PAAS, VIDEO CLOUD AND SOFTWARE, VIDEO AI AND SYSTEM SOLUTION PROVIDER</p><p>   * FUWEI FILMS (HOLDINGS) CO LTD - UPON CONSUMMATION OF TRANSACTION, BAIJIAYUN WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF COMPANY</p><p>   * FUWEI FILMS (HOLDINGS) CO LTD -  BAIJIAYUN SHAREHOLDERS, CO SHAREHOLDERS WILL OWN ABOUT 96.79% AND 3.21%, RESPECTIVELY, OF SHARES OF COMBINED COMPANY</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"601318","symbol_name":"中國平安","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2252237045","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2252237045","pubTimestamp":1658152070,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"July 18 (Reuters) - Fuwei Films (Holdings) Co Ltd   :   * FUWEI FILMS (HOLDINGS) CO., LTD. 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