Cre8 Direct (Ningbo) Co.Ltd(300703) suspension planning control change

Cre8 Direct (Ningbo) Co.Ltd(300703) announced that the company recently received the notice of Heli management consulting from the controlling shareholder of the company. The internal shareholder of Heli management consulting plans to transfer its equity of Heli management consulting to Ningbo Cultural Tourism Investment Group Co., Ltd. (hereinafter referred to as “Ningbo cultural tourism investment”), and the counterparty Ningbo cultural tourism investment is a state-owned enterprise subordinate to Ningbo Municipal People’s government, Ningbo state owned Assets Management Commission indirectly holds 100% equity. It is estimated that the proportion of Cre8 Direct (Ningbo) Co.Ltd(300703) equity indirectly involved in this transfer is 28% – 29%, which will lead to the change of the controlling shareholder and actual controller of the company. This agreement has not been formally signed. If the formal transfer agreement is signed, the approval procedures of the state owned assets management and supervision commission of Ningbo Municipal People’s Government shall still be performed. The trading of the company’s shares has been suspended since the opening of the market on the morning of December 24, 2021. It is expected that the suspension will not exceed 2 trading days.

(Shanghai Securities News · China Securities Network)

 

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