Securities code: 603598 securities abbreviation: Inly Media Co.Ltd(603598) Announcement No.: 2022-003 Inly Media Co.Ltd(603598)
Stock trading risk prompt announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Inly Media Co.Ltd(603598) (hereinafter referred to as “the company”) has disclosed the announcement of abnormal stock trading fluctuations in accordance with the stock listing rules of Shanghai Stock Exchange and other relevant provisions. On January 14, 2022, the closing price of the company’s stock increased by 10.00%, and the price fluctuated greatly. Please pay attention to the investment risk and invest rationally. The relevant risks are as follows:
1、 Risk tips for reduction of major shareholders, directors and senior managers
On August 31, 2021, the company disclosed the announcement on the share reduction plan of Inly Media Co.Ltd(603598) shareholders, directors and senior managers, the announcement on the progress of share reduction of Inly Media Co.Ltd(603598) shareholders, directors and senior managers on December 23, 2021 and the announcement on the results of share reduction of Inly Media Co.Ltd(603598) directors and senior managers on January 14, 2022. Among the above reduction subjects, Mr. Li Hao has reduced 134500 shares and Ms. Wang Xiaoying has reduced 63200 shares. Both of them have completed the reduction plan; Ms. pan Xinxin and Beijing Hezhong Chuangshi management consulting partnership (limited partnership) have not reduced their shares in the company in any way, and the reduction plan has not been completed.
Upon verification by the company, Ms. Wang Xiaoying, director and chief financial officer of the company, reduced 63200 shares of the company through centralized bidding on January 14, 2022, accounting for 0.024% of the total share capital of the company.
On November 11, 2021, the company disclosed the announcement on the share reduction plan of Inly Media Co.Ltd(603598) shareholders, and on December 30, 2021, the suggestive announcement on the progress of share reduction of Inly Media Co.Ltd(603598) shareholders and the reduction of controlling shareholders up to 1%. The controlling shareholder and actual controller of the company, Mr. Luo Yanji, intends to reduce 10.7 million shares, and the above reduction plan has not been implemented.
After verification by the company, the controlling shareholder and actual controller of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.
2、 Progress risk of major events
The company held the seventh meeting of the Fourth Board of directors, the seventh meeting of the Fourth Board of supervisors and the third extraordinary general meeting of shareholders in 2021 on October 29, 2021 and November 22, 2021 respectively, and deliberated and adopted the proposal on the company’s non-public development and stock issuance scheme in 2021 and other relevant proposals: it is proposed to raise no more than RMB 505 million, It will be used for interest and trust e-commerce comprehensive service platform construction project and CDP data middle platform construction project. As of the date of this announcement, the company has not submitted the application for approval of non-public offering of new shares by listed companies to the CSRC. This non-public offering of shares can be implemented only after it is approved by the CSRC, and there is still uncertainty.
3、 Description of hot spot concept
The company has recently paid attention to the hot concepts related to “virtual digital man”, which are verified and explained as follows:
1. On December 13, 2021, the company held the 8th meeting of the 4th board of directors, deliberated and approved the proposal on the establishment of wholly-owned subsidiaries by the company, and issued relevant Announcements: the company plans to establish a wholly-owned subsidiary, focusing on strategic emerging industries such as commercial application of XR technology, digital human and virtual IP. At present, the company has completed registration, but is still in the early stage of development, A stable and mature business model has not been formed.
2. At present, the company has signed “Lingqiu” and “Muxi” digital people, and will commercialize and realize them mainly through brand commercial endorsement, IP authorized peripheral derivatives, brand live broadcast and delivery. The above businesses are still in the early stage of development and need to be verified by the market. The signed digital people flow is small, and there is uncertainty in the future commercialization value and liquidity. Investors are reminded to pay attention to investment risks.
The information disclosure newspapers designated by the company are China Securities News, Shanghai Securities News, securities times and Securities Daily, and the designated information disclosure website is the website of Shanghai Stock Exchange. The board of directors of the company reminds investors that the company’s information shall be subject to the information disclosure newspapers and websites designated by the company. Please analyze rationally and pay attention to investment risks.
It is hereby announced.
Inly Media Co.Ltd(603598) board of directors January 14, 2022
