FilingReader Intelligence
Foshan Electrical terminates Yeelight acquisition deal
August 25, 2025 at 11:27 AM UTC•By FilingReader AI
Foshan Electrical And Lighting Co terminated its agreement to acquire over 50% of Qingdao Yeelight Intelligent Technology due to changes in market conditions.
The company had signed a memorandum of understanding on October 28, 2024, for the acquisition but received notification from the other party recommending termination.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:000541•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when Foshan Electrical And Lighting publishes news
Free account required • Unsubscribe anytime