Securities code: 300703 securities abbreviation: Cre8 Direct (Ningbo) Co.Ltd(300703) Announcement No.: 2021-095 Cre8 Direct (Ningbo) Co.Ltd(300703)
Announcement on the progress of planning the change of control of the company and the continued suspension of trading
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Suspension
Cre8 Direct (Ningbo) Co.Ltd(300703) (hereinafter referred to as “the company”) recently received a notice from the controlling shareholder of the company, Ningbo Beilun Heli Management Consulting Co., Ltd. (hereinafter referred to as “Heli management consulting”), and the internal shareholder of Heli management consulting plans to apply to Ningbo Cultural Tourism Investment Group Co., Ltd. (hereinafter referred to as “Ningbo cultural tourism investment”) ）Transfer the equity of Heli management consulting held by it. The counterparty Ning Bowen travel investment is a state-owned enterprise subordinate to Ningbo Municipal People’s government, and 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 actual controller of the company.
In view of the uncertainty of this matter, in order to ensure fair information disclosure, safeguard the interests of investors and avoid abnormal fluctuation of the company’s share price, the company applies to Shenzhen Stock Exchange in accordance with the Listing Rules of GEM stocks of Shenzhen Stock Exchange and the guidelines for information disclosure of listed companies of Shenzhen stock exchange No. 2 – suspension and resumption of trading business and other relevant provisions, The trading of the company’s shares (stock abbreviation: Cre8 Direct (Ningbo) Co.Ltd(300703) , stock code: 300703) has been suspended since the opening of the market on Friday, December 24, 2021. It is expected that the suspension will not exceed 2 trading days. For details, see the suspension announcement on planning control change (Announcement No.: 2021-094) disclosed by the company on cninfo.com.
2、 Plan the progress of the change of control of the company
Up to now, the transaction is progressing in an orderly manner. Both parties to the transaction have reached an agreement on the main terms of the transfer agreement and are performing their own internal approval procedures. Since the relevant approvals involved in this transaction have not been completed and the transaction agreement has not been signed, in order to safeguard the interests of the majority of investors, ensure fair information disclosure and avoid abnormal fluctuations in the company’s share price, in accordance with the Listing Rules of gem shares of Shenzhen Stock Exchange and the guidelines for information disclosure of listed companies of Shenzhen Stock Exchange No. 2 – suspension and resumption of trading business and other relevant provisions, Upon the application of the company to Shenzhen Stock Exchange, the company’s shares (stock abbreviation: Cre8 Direct (Ningbo) Co.Ltd(300703) , stock code: 300703) have been issued since 2021
The trading will continue to be suspended since the opening of the market on December 28. It is expected that the extended suspension time will not exceed 3 trading days, and the cumulative suspension time will not exceed 5 trading days. The company is expected to resume trading on Friday, December 31, 2021 and disclose relevant progress.
During the suspension period, the company will perform the obligation of information disclosure in strict accordance with the provisions of relevant laws and regulations according to the progress of the matter. The information disclosure media designated by the company are securities daily, Shanghai Securities News and cninfo. Com. All information of the company shall be subject to the announcement published by the above designated media. After the above matters are determined, the company will timely issue relevant announcements and apply for the resumption of trading of the company’s shares.
Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Cre8 Direct (Ningbo) Co.Ltd(300703) board of directors
December 28, 2021
