Risesun Real Estate Development Co.Ltd(002146) 5 on May 20, it was announced that Rongsheng Venture Capital Co., Ltd. (hereinafter referred to as “Rongsheng venture capital”), the controlling shareholder acting in concert, planned to terminate the implementation of the share increase plan of the company. According to the company, the objective environment such as China’s market environment, economic environment and financing environment has changed greatly recently. Due to the impact of changes in the external environment, Rongsheng venture capital, as a private enterprise, is faced with limited financing channels, extremely difficult fund-raising and pressure on capital turnover. Rongsheng venture capital is expected to be unable to complete the fund-raising required by the shareholding increase plan within the specified time limit, Due to financial reasons, it is impossible to continue to implement the shareholding increase plan. After careful research, it is proposed to terminate the implementation of this shareholding increase plan. In August 2021, Rongsheng venture capital plans to continue to increase its holdings of the company’s shares by no less than RMB 100 million within six months from August 4, 2021. From August 4, 2021 to the disclosure date of this announcement, Rongsheng venture capital has increased its holdings of Shanghai Pudong Development Bank Co.Ltd(600000) shares of the company, accounting for 0.01% of the total share capital of the company. The average increase price is 4.764 yuan / share, and the cumulative increase amount is 2.8583 million yuan.
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