Gelonghui May 20 丨*ST Tongzhou (002052gonzosquestmegawaysfree.SZ) announced that the company will hold the 40th meeting of the sixth board of directors and the 23rd meeting of the sixth board of supervisors on May 20, 2024, which were reviewed and approvedgonzosquestmegawaysfree"On the matter of terminating the company's issuance of shares, payment of cash to purchase assets and raising matching funds and related transactions"gonzosquestmegawaysfreeResolution ", agreeing to terminate the company's issuance of shares, payment of cash to purchase assets and raising of matching funds and related transactions (hereinafter referred to as the" transaction ").

Since the company planned and first announced this transaction, the company has actively organized all parties involved in the transaction to promote various tasks in accordance with relevant laws, regulations and regulatory documents, and fulfilled information disclosure obligations in accordance with relevant regulations. All parties to the transaction have conducted many demonstrations and negotiations on the transaction plan of this material asset reorganization, and all parties to the transaction believe that it is highly uncertain to continue to advance this material asset reorganization at this stage. In order to effectively safeguard the interests of the company and all shareholders, after careful study, the company and all parties to the transaction negotiated to terminate this transaction.