International Commercial Settlement (00147): Abnormal stock price and trading volume fluctuations are undergoing preliminary negotiations with an independent third party on potential investment opportunities in the technology sector

Zhitong Finance App News, International Commercial Settlement (00147) issued an announcement. The company learned that the company's share price and trading volume have increased today. After making all reasonable inquiries about the company concerned, the Board confirmed that it was unaware of any reason for such fluctuations, nor was it aware of any information that must be published to avoid false stock markets, or any insider information required to be disclosed under Part XIVA of the Securities and Futures Ordinance, except as described below.

The board confirmed that the company is currently conducting preliminary discussions with an independent third party on potential investment opportunities in the technology sector. As of the date of this announcement, relevant negotiations are still ongoing. The terms and conditions relating to potential investments have not been implemented, and as of the date of this announcement, the Group has not entered into any formal agreement on potential investments. There is no guarantee that potential investments will be implemented or finalized. As a result, potential investments may or may not be made. If the potential investment is implemented, it may constitute a transaction subject to disclosure by the company under Chapter 14 of the Listing Rules. The company will make further announcements in due course in accordance with the listing rules.