Shunkang Holding Group agreed to acquire Armour Energy Limited (ASX:AJQ) on August 16, 2023. The Expression of Interest is also subject to a number of conditions including Shunkang board approval, due diligence and Armour not making a public release or disclosure of the details of the Expression of Interest. Shunkang have also advised that any potential future transaction would also be subject to other, as yet undisclosed, conditions including relevant government and regulatory approvals.