Zhejiang Furun (600070): Plan To Terminate Listing And Sell 100% Equity Of Taiyizhishang

Zhejiang Furun (600070) announced on the evening of June 6 that the company intends to terminate the sale of 100% equity of taiyizhishang through public listing. Affected by the epidemic situation, the operating performance of Hangzhou Kasai Technology Co., Ltd., the company's holding subsidiary, was lower than expected in the first quarter, which may lead to the company's overall operating income in 2022 not meeting the expectation after the sale of taiyizhishang, so the conditions for the company to promote the sale of major assets are not mature.