It's ~21 weeks since co-founders Jeff Bi and Gang Hong tabled a non-binding Offer. With no firm Offer in sight, AND contesting a SAMR ruling, they should fold their tent.
What is covered in the Full Insight:
Introduction to GAPack's Acquisition Situation
Details on the Current Litigation and SAMR Ruling
Review of Shandong Xinjufeng's Offer and Conditions
Analysis of Hong Kong's Takeover Code and PUSU Rule