BRIEF-Powerleader Science & Technology updates on lapse of the agreement of intent

April 7 (Reuters) - Powerleader Science & Technology Group

Co Ltd

* Since parties to agreement of intent not entered

intoformal agreement within 3 months, agreement of intent lapsed

on 7 April

* Refers to agreement of intent on possible disposal of

interest in Shenzhen Powerleader Computing System to Taiji

Computer Corp

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