After the agreement transfer is completed, the second phase fund will acquire 65,438+06.96% equity of Suning.cn, which will be used to support Suning.cn to deal with liquidity problems, stabilize the financing environment of enterprises, and promote the stable operation and sustainable development of enterprises. At the same time, there will be no controlling shareholder or actual controller in Suning.cn. The second phase of the fund has a total scale of 8.83 billion yuan, which is owned by Jiangsu Province and Nanjing City, together with investors from Alibaba, Haier, Midea, TCL, Xiaomi and other industries.
The shareholding structure information displayed in the announcement also shows that the shareholding ratio of Taobao China in Suning.cn remains unchanged at 19.99%, while the previous statement that "Ali will acquire a majority stake in Suning" is not true.
At the same time, Suning.cn and Shenzhen International announced that the shareholders of Shenzhen International and Suning.cn failed to reach a final agreement on the terms of business cooperation. After comprehensive consideration of various factors and careful analysis and demonstration, they decided to terminate the potential acquisition, but the two sides will continue to explore cooperation opportunities in the field of logistics business.
Change of new shareholders
Suning.cn's announcement shows that after the latest share transfer is completed, the four major shareholders of the company holding more than 5% of shares will be: Zhang and his concerted action Suning Holding Group, with a shareholding ratio of 20.35%; Taobao China is still the second largest shareholder with a shareholding ratio of19.99%; Jiangsu Xinxin Retail Innovation Fund Phase II is the third largest shareholder with a shareholding ratio of 65,438+06.96%; The fourth largest shareholder is Jiangsu Xinxin Retail Innovation Fund, with a shareholding ratio of 5.59%. The announcement also said that the second phase of Xinxin Retail Innovation Fund did not have a concerted action relationship with Taobao China and Jiangsu Xinxin Retail Innovation Fund.
The specific equity transfer plan is that Zhang, Suning Holding Group, Suning Appliance Group and Tibet Trust will hold 365,438+065,438+0,629,999 shares (accounting for 3.35% of the total share capital of listed companies) and 65,438+065,438+06,375,496 shares (accounting for listing)
This is another shot of Jiangsu state-owned assets. In May this year, Suning.cn announced the establishment of Jiangsu Xinxin Retail Innovation Fund with Jiangsu State-owned Assets and other parties. The shareholders of the fund are Jiangsu Guo Xin Group Co., Ltd., Jiangsu Communications Holdings Co., Ltd., Jiangsu Agricultural Reclamation Group Co., Ltd. and Jiangsu Gaotou Property Management Co., Ltd., and the actual controllers are all Jiangsu Provincial Government.
On June 2nd, it was announced that Suning Appliance Group transferred 520 million shares of Suning.cn to Jiangsu Xinxin Retail Innovation Fund (accounting for 5.59% of the total share capital), with a total transfer price of 365,438+82 million yuan. At the same time, Su Xinxin Retail Innovation Fund signed a repurchase agreement with Zhang, and the repurchase price should be paid before April 1 2022.
How the new management can help the further development of Suning.cn after the introduction of multi-party warfare is also the focus of attention. Regardless of whether the listed company has actual controllers or not, everyone is concerned about whether Suning has the determination to take advantage of this crisis transformation; Can you find and solve problems in unity, focus on retail and move on? Whether investors and management are determined to jointly formulate a transformation strategy.
Shenzhen International terminated its shareholding in Suning.cn.
On the evening of July 5th, Suning.cn and SZITIC respectively announced that the shareholders of SZITIC and Suning.cn failed to reach a final agreement on the terms of business cooperation. After comprehensive consideration of various factors and careful analysis and demonstration, they decided to terminate the potential acquisition, but the two sides will continue to explore cooperation opportunities in logistics business.
According to the announcement of Suning.cn, Zhang, the controlling shareholder and actual controller of the company, and Suning Holding Group Co., Ltd., Suning Appliance Group, Tibet Trust Co., Ltd., Shenzhen International and Kunpeng Capital signed the Share Transfer Framework Agreement on February 28th, intending to transfer 23% of the total share capital of listed companies to Shenzhen International and Kunpeng Capital or Kunpeng Capital as designated investors.
The announcement also mentioned that the termination of the agreement was the result of consensus reached by all parties to the agreement, and all parties to the agreement did not have to bear the compensation and legal responsibility for the termination of the agreement. In view of the termination of this agreement, the effective conditions of the Concerted Action Agreement signed by Zhang and Suning Appliance Group on March 1 1 failed to be reached, and the Concerted Action Agreement will be terminated.
Su Xin, chairman of Gaohe Capital, believes that the termination of SZITIC's shareholding in Suning.cn is an "understandable market-oriented decision". He said that Shenzhen International, as a red-chip company registered overseas and listed in Hong Kong as a whole, has always had a relatively perfect corporate governance system and a high degree of marketization genes. The result of "failure to reach a final agreement on the terms of business cooperation" mentioned in the announcement is not surprising. Recently, major changes have taken place frequently in Suning.cn's equity and the actual situation of the capital market have given the market a "preventive shot" to some extent. But this does not mean that the original intention of cooperation between the two sides is unreasonable. As a listed company focusing on the investment and operation of logistics infrastructure, Shenzhen International seeks to cooperate with Suning.cn to introduce business flow and information flow through capital tools to enhance its logistics infrastructure business and integrated logistics service business. This commercial exploration direction is worthy of recognition, and I believe that the exploration in this direction will not stop because of the termination of this cooperation. This is also reflected in the announcements of both parties.