Wantong Technology: Huatong Lisheng's performance compensation obligations have been fully fulfilled, with the remaining equity transfer payment of 70 million yuan paid in full
2026-11-10 18:38:37
According to CoinMeta, Wantong Technology announced that the company has fulfilled its performance compensation obligations to Huatong Lisheng, and the remaining equity transfer payment of 70 million yuan has been fully paid. Previously, the company acquired 70% of the equity in Huatong Lisheng for 188 million yuan in cash, with the transaction party committing that Huatong Lisheng's cumulative regulated net profit from 2022 to 2024 would not be less than 99 million yuan. Since Huatong Lisheng actually achieved a cumulative regulated net profit of 92.9221 million yuan, failing to meet the performance commitment, the transaction party was liable for a cash compensation of 11.5603 million yuan, which the company plans to deduct from the remaining equity transfer payment of 84.735 million yuan. On October 22, 2026, both parties signed a supplementary agreement, in which the transaction party agreed to conditionally waive 3.1747 million yuan of the remaining equity transfer payment.
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Source:Jin10 Data
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