The first Department of listed company management of Shanghai Stock Exchange issued an inquiry letter to 360 Security Technology Inc(601360) on December 29. On December 29, the company disclosed that, as a limited partner of the industrial fund, it unilaterally and continuously paid in 1 billion yuan of capital contribution at the request of the general partner, but the general partner did not require other limited partners to make simultaneous capital contributions, and did not fully explain the basis and rationality. The Shanghai stock exchange requires the company to disclose the payment arrangements separately agreed by the general partner and the company and other limited partners, as well as the performance of early-stage information disclosure obligations, and explain whether the basis, decision-making subjects and procedures of the above differentiated payment notice arrangements of the general partner comply with the agreement and fairly safeguard the interests of all partners; In combination with the above, explain the specific decision-making process and main considerations of the company’s acceptance of differentiated payment arrangements, and whether it damages the interests of listed companies; Explain the specific relationship between the unilateral paid in capital contribution and the implementation of the fit project as soon as possible, whether it is in line with the industry practice, the specific implementation progress of relevant project investment and the necessity of investment in the corresponding stage since the first phase of capital contribution.
360 Security Technology Inc(601360) announced on December 29 that the wholly-owned subsidiary 360 Security Technology Inc(601360) (Beijing) Private Fund Management Co., Ltd., Beijing Qihoo Technology Co., Ltd. and Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) gaojingjian venture capital fund plan to jointly establish Beijing 360 Security Technology Inc(601360) Hongxin venture capital partnership (limited partnership). Shanghai stock exchange requires to explain whether the contribution of 360 Security Technology Inc(601360) Hongxin fund subscribed by Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) gaojingjian venture capital fund is 600 million yuan, which separately corresponds to the company’s paid in phase II capital of 600 million yuan. If so, please explain the rationality that the company does not directly invest in its subordinate funds.
(interface News)
