[Zhongda-KY] The Company intends not to proceed with the private placement of securities passed by the 2025 Annual Shareholders' Meeting upon its expiration
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AI Summary (NQ-processed)
Zhongda-KY announced that its Board of Directors has resolved not to proceed with the private placement of securities that was approved by the 2025 Annual Shareholders' Meeting, considering the approaching deadline and current economic conditions. This private placement was intended to introduce strategic investors.