On December 28, Yango Group Co.Ltd(000671) announced that the company received the notification letter from the controlling shareholder Fujian Sunshine Group Co., Ltd. (hereinafter referred to as “Sunshine Group”) and the wholly-owned subsidiary Dongfang Xinlong Asset Management Co., Ltd. (hereinafter referred to as “Dongfang Xinlong”), and learned that some of its shares in the company had been frozen by justice.
The announcement shows that the number of shares frozen by sunshine group this time is 82.43 million, accounting for 12.21% of its shares and 1.99% of the total share capital of Yango Group Co.Ltd(000671) ; Dongfang Xinlong, a wholly-owned subsidiary of the controlling shareholder, involves the freezing of 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 starting date is December 24, 2021 and the expiration date is December 23, 2024. The freezing applicant is Hua Xia Bank Co.Limited(600015) because of property preservation.
At present, sunshine group has been frozen 82.43 million shares, Dongfang Xinlong has been frozen 16.6 million shares, Kangtian industry has been frozen 2.28 million shares, and the total frozen shares of the three have reached about 101 million shares.
Yango Group Co.Ltd(000671) said in the announcement that the judicial freezing of the company’s shares held by the company’s controlling shareholders and persons acting in concert will not have a direct impact on the company’s production and operation, will not have an impact on corporate governance, and will not lead to the change of actual control.
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.
(Beijing News)
