>On May 12, China Auto Rental announced that China Auto had sold 100,000 shares in the market, and the shareholding ratio was reduced from 21.27% to 21.26%.
It is worth noting that the sales agreement signed by China UCAR and Huaping in the United States in April shows that the latter will be included in the second batch of share purchase agreements. About 264 million shares of Shenzhou Car Rental are held by UCAR, which accounts for up to 12.46% of the company’s total share capital.
It should be noted that UCAR’s plan to “hand over” China’s largest shareholder seat to Warburg has changed, and the new “Connector” BAIC Group appeared.
On June 1, Shenzhou Car Rental announced that Amber Gem and UCAR had entered into a termination agreement on May 30, and Huaping in the United States will not continue The second batch of share purchases.
The announcement also stated that China Automobile and BAIC Group signed a strategic cooperation agreement on May 31, and BAIC will acquire no more than 451 million shares from China Automobile , Which is equivalent to about 21.26% of the total issued share capital of Shenzhou Car Rental, that is, the total shareholding of Shenzhou UCAR in China.
At that time, the China Auto Rental Announcement also pointed out that before China Automobile signed a formal agreement with BAIC Group and handed over, China Automobile may hold shares in China Auto Rental The lender is further sold involuntarily according to the terms of the relevant financing agreement.
In terms of equity relations, the cut between Shenzhou Rent-a-Car and Shenzhou Excellent Car continues, on the other hand, Lu Zhengyao is also cutting positions with Shenzhou Rent-a-Car.
On June 10, Shenzhou Car Rental announced that in order to devote more time to performing duties and other businesses in Shenzhou UCAR Co., Ltd., Lu Zhengyao has Resigned as chairman of the board of directors and non-executive director of Shenzhou Car Rental, effective June 9.