One Net One Creation announced the termination of its plan to acquire 100% equity in Beijing Lianshi Legend Network Technology Co., Ltd. through a combination of share issuance and cash payment, along with a related fundraising effort. The company stated that after multiple rounds of communication and negotiation, the parties involved were still unable to reach a consensus on the core terms of the transaction, and the project no longer had a basis to proceed. To protect the legitimate rights and interests of the company and all shareholders, the decision to terminate the transaction was made after careful assessment and amicable consultation with the counterparty. One Net One Creation pledged not to plan any major asset restructuring matters within one month from the date of the announcement, and emphasized that the termination will not have a material adverse impact on the company's existing daily operations or financial condition. The company had first disclosed the restructuring proposal on February 6, 2026, and its stock price once surged from 42.26 yuan to 51.46 yuan before fluctuating and pulling back, closing at 25.90 yuan as of August 5.
OnechanceTermination of acquisition plan and pledge of no major restructuring for one month
