On December 28, Yango Group Co.Ltd(000671) announced that it had received the notification letter from the controlling shareholder Fujian Sunshine Group Co., Ltd. and the wholly-owned subsidiary Dongfang Xinlong Asset Management Co., Ltd. and learned that some of its shares in Yango Group Co.Ltd(000671) had been frozen by the judiciary.
Specifically, sunshine group involves 82.43 million shares, accounting for 12.21% of its shares and 1.99% of the total share capital of Yango Group Co.Ltd(000671) . The maturity date is December 23, 2024. The applicant for freezing is Hua Xia Bank Co.Limited(600015) because of property preservation; Dongfang Xinlong involved 16.6 million shares, accounting for 2.63% of its shares and 0.4% of the total share capital of Yango Group Co.Ltd(000671) . The due date is December 23, 2024. The applicant for freezing is Hua Xia Bank Co.Limited(600015) because of property preservation; The total number of shares involved is 99.03 million, accounting for 2.39% of the total share capital of Yango Group Co.Ltd(000671) .
According to the announcement, sunshine group, Dongfang Xinlong and Kangtian industry hold a total of 1.696 billion Yango Group Co.Ltd(000671) shares, accounting for 40.97%, of which 101 million shares were frozen, accounting for 15.43% of the company’s shares and 2.44% of the company’s total share capital.
As for the impact of the judicial freezing of 100 million shares on the company, Yango Group Co.Ltd(000671) said in the announcement that the judicial freezing of the shares held by the controlling shareholders and persons acting in concert of the company will not have a direct impact on the production and operation of the company, will not have an impact on corporate governance, and will not lead to the change of actual control.
In addition, Yango Group Co.Ltd(000671) also said that sunshine group may have liquidity risk, relevant problems are still under further treatment, and may face uncertain matters such as litigation, arbitration and asset freezing. Please invest rationally and pay attention to investment risks.
(Beijing business daily)