Neusoft advances share issuance for asset acquisition

Neusoft Corporation (SSE:600718) announced updates regarding its proposed acquisition of 43% of Shanghai Si Rui Information Technology via share issuance, alongside plans to raise matching funds. On May 30, 2025, the company completed the cash acquisition of 57% equity of Si Rui Technology, making it a subsidiary. Neusoft will follow up with relevant disclosures as required. The audit, due diligence and negotiation for acquiring the 43% are ongoing. The deal remains subject to board and shareholder approval, as well as regulatory approvals, with uncertainties remaining. Investors are advised to review the initial announcement and exercise caution.