Sunac China will no longer hold LeTV shares.
LeTV (300104. SZ) announced on the evening of June 3 that the company’s shares will enter the delisting period from June 5. The company’s securities during the delisting period are referred to as LeTV retreat, with a limit of 10% increase or decrease
The announcement shows that the opening reference price for the first day of the delisting consolidation period is 1.69 yuan, the delisting consolidation period is 30 trading days, and the estimated last transaction date is July 20th. During the delisting consolidation period, the company’s stock suspension throughout the day will not be counted in the delisting consolidation period. If the company applies to the Shenzhen Stock Exchange for all-day suspension of stocks for special reasons, the cumulative number of suspension days shall not exceed five trading days.
LeTV said that the company will handle the registration and settlement of shares in the national SME share transfer system as soon as possible to ensure that the company’s shares will be delisted at the Shenzhen Stock Exchange Within the next 45 trading days, you can enter the national SME share transfer system for share transfer.
Previously, LeTV’s stocks were suspended from May 13, 2019 due to the negative net assets attributable to shareholders of listed companies that were audited in 2018. .
LeTV’s 2019 annual report shows that net profit attributable to shareholders of listed companies, net profit after deducting non-recurring gains and losses, and net assets at the end of the period are all negative , And the financial accounting report was issued with a qualified opinion audit report by Dahua Certified Public Accountants, which triggered the termination of the stock listing. 2020On May 14, LeTV received the Shenzhen Stock Exchange’s decision to terminate the company’s stock listing.
At the same time, LeTV also released the “Simple Change of Interest Report”. The report shows that on May 22, Zhixin Cloud and Yingrui Huixin (controlled by Sunac Group through contract) signed the “Equity Transfer Agreement.” According to the agreement, Yingrui Huixin transferred its 100% equity of Jiarui Huixin (accounting for 8.56% of the company’s total share capital) to RMB 0 to Zhiyun. After this equity change, Sunac China will no longer hold shares in LeTV.
Today, LeTV received a letter from Shenzhen Stock Exchange. The Shenzhen Stock Exchange requested to explain the reason why Yingrui Huixin transferred its 100% equity interest in Jiarui Huixin; the pricing basis and rationality of the consideration for this equity transfer is 0 yuan; the equity transferee Zhixin Net and its holding Whether shareholders, de facto controllers, directors, supervisors, and senior management personnel have an associated relationship or other implicit relationship with Sunac Group, Yingrui Huixin, and whether there is a shareholding.