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Yayun Co., Ltd. once suggested the risk factors of this reorganization in the stock price change, saying that there is a certain time span from the date of signing the relevant agreement to the final implementation, during which the market environment may change substantially, thus affecting the business decisions of listed companies, counterparties and underlying assets, thus leading to the possibility of suspension, suspension or cancellation of this transaction.[Plan not to reorganize for one year! 】Looking back at the history of restructuring, Yayun Co., Ltd. disclosed this restructuring intention for the first time in April last year, disclosed the restructuring plan in May last year, and disclosed the second revised draft after making major adjustments to the plan in November last year. Since then, there has been no progress in this reorganization. In the meantime, Yayun shares have always said that "the company is further communicating and negotiating with the counterparty on the details of the transaction ... The audit and evaluation work involved in this exchange has not yet been completed."

Regarding the termination and reorganization of this plan, Yayun shares responded that since the launch of this transaction, the company and relevant parties have actively promoted various tasks. This transaction lasted for a long time, and the macro environment and industry environment fluctuated and changed to some extent. Considering the current external market environment and the operating conditions of the target company, in order to effectively safeguard the interests of the company and investors, the company intends to terminate this transaction after careful study.Termination of reorganization[Plan not to reorganize for one year! 】

Planning for more than a year, the listed company announced that it intends to terminate major asset restructuring!Planning for more than a year, the listed company announced that it intends to terminate major asset restructuring!Regarding the termination and reorganization of this plan, Yayun shares responded that since the launch of this transaction, the company and relevant parties have actively promoted various tasks. This transaction lasted for a long time, and the macro environment and industry environment fluctuated and changed to some extent. Considering the current external market environment and the operating conditions of the target company, in order to effectively safeguard the interests of the company and investors, the company intends to terminate this transaction after careful study.