Newlink Technology Inc. Updates on Performance Guarantee in Acquisition of Neusoft Yuetong

Reuters
2025.06.11 10:44
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Newlink Technology Inc. has updated on its acquisition of 100% equity interest in Neusoft Yuetong. Newlink Technology Beijing will purchase the equity for RMB80,000,000 and increase capital by RMB18,000,000. The Performance Guarantee Sellers, except for Dai Linlin, have committed to their obligations under the Acquisition Agreement, with final compensation arrangements due by June 30, 2025. This announcement was made on June 11, 2025.

Newlink Technology Inc. has provided an update regarding the acquisition of 100% equity interest in Neusoft Yuetong. As part of the transaction, Newlink Technology Beijing, a wholly-owned subsidiary of Newlink Technology Inc., agreed to purchase the equity interest and make a capital increase to the Target Company. The acquisition involves an equity transfer consideration of RMB80,000,000, with additional commitments to succeed in the capital contribution obligations and a capital increase of RMB18,000,000. The update confirms that the Performance Guarantee Sellers, excluding Dai Linlin, have committed to fulfilling their obligations under the Acquisition Agreement, with the final compensation arrangements expected to be settled by 30 June 2025. This development was announced by Newlink Technology Inc. on 11 June 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newlink Technology Inc. published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here