Fuwei films announces termination of securities purchase agreement

Beijing , may 27, 2022 /prnewswire/ -- fuwei films (holdings) co., ltd. (nasdaq: ffhl) ("fuwei films" or the "company"), a manufacturer and distributor of high-quality bopet plastic films in china, today announced that the company has delivered a notice of termination (the "termination notice"), dated as of may 22, 2022, to enesoon new energy limited, a british virgin islands company ("enesoon"), pursuant to which, the company notified enesoon and the current shareholders of enesoon (the "sellers") that the company is terminating the securities purchase agreement, dated as of march 31, 2021, as amended on july 31, 2021 (collectively, the "agreement"), by and among the company, enesoon, the sellers and enesoon new energy (shen zhen) co., ltd.
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