Here, I would like to wish Kaiying a thriving network business and achieve greater enterprise value goals.
Kaiying Network: Announcement on Planning for Major Asset Restructuring to Continue Suspension upon Expiration of Suspension
Stock code: 0025 17 Securities abbreviation: Kaiying Network AnnouncementNo.: 20 18-0 13 Announcement of Kaiying Network Co., Ltd. on planning to suspend trading after the expiration of major asset restructuring. The Company and all members of the Board of Directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions. Kaiying Network Co., Ltd. (hereinafter referred to as "the company") has applied to Shenzhen Stock Exchange to plan a major asset restructuring, and its stock (stock abbreviation: Kaiying Network, stock code: 0025 17) has been suspended since the market opened on Monday, with 20 18+ 1.8, and the expected suspension time will not exceed 65438. Company on 20 1 8 65438+10.8 2018 65438+/0.3 2018 65438+/0.20/kloc-. On February 3, 2008, Announcement on Suspension of Planning for Major Asset Restructuring (AnnouncementNo.: 20 18-005), Announcement on Progress of Suspension Planning for Major Asset Restructuring (AnnouncementNo.: 20 18-007) and Announcement on Progress of Suspension Planning for Major Asset Restructuring (AnnouncementNo.: Announcement on Progress of Suspension Planning for Major Asset Restructuring) And announcement number: 20 18-0 1 1). For details, please refer to the designated information disclosure media and Juchao Information Network (info.com.cn).
I. Basic information about this major asset restructuring plan 1. Counterparty The counterparty of this major asset restructuring is a third party unrelated to the company and does not constitute a connected transaction. This major asset reorganization will not lead to changes in the actual controllers of listed companies. 2. Transaction method The transaction method of this major asset restructuring may be to purchase the equity of the target company by issuing shares or paying cash or a combination of the two, and at the same time raise some matching funds. The specific plan is still under further negotiation, demonstration and improvement, and has not yet been finalized. 3. The underlying assets The underlying assets of this major asset restructuring are the equity of Internet industry companies. As of the disclosure date of this announcement, the company's major asset restructuring plan, trading methods and related matters related to the underlying assets have not been finalized. The specific trading plan shall be subject to the plan (or report) reviewed and announced by the board of directors of the company. There are still uncertainties in this major asset restructuring.
Two. The shareholding of major shareholders and the shareholding of the top 65,438+00 shareholders in the 65,438+0 trading days (2065,438+08,65,438+0) before the suspension of the company's shares are not available. Name of shareholder Number of shares (shares) Share type 65,438+0 Wang Yue 307,765,438+03,300,647,872 RMB ordinary shares 3 Shanghai Haitong Kaiyuan Equity Investment Partnership 10 1 970,000 RMB ordinary shares (limited partnership) 4 Shanghai Qi Fei Investment Management Partnership. 448 RMB Common Stock 5 Haitong Kaiyuan Investment Co., Ltd. 56,045 RMB Common Stock 6 Jinyuan Shun 'an Fund-Agricultural Bank-National Trust-54,288,770 RMB Common Stock National Trust Feng Ying No.65438 +0 Collective Fund Trust Plan 7 Shanghai Holy Grail Investment Management Partnership (Limited Partnership) 53,8/kloc-0,3,552 RMB Common Stock 8 Wang Zheng39,70/kl. 472 RMB ordinary shares 9 Lin Shiyi 38,000,000 RMB ordinary shares 65,438 +00 before 65,438+00 unlimited sale conditions Number of shareholders holding shares Name of shareholders holding shares (shares) Share type 65,438+0 Jin Yuan Shun 'an Fund-China Agricultural Bank-National Trust-54,288,770 RMB ordinary shares National Trust No.65438+ 000 RMB Common Stock 3 Gold 29,642,075 RMB Common Stock 4 Beixin Ruifeng Fund-Minsheng Bank 994 RMB Common Stock National Trust Qingyong 178 Asset Management Plan 5 Lin 25.97 million RMB Common Stock 624.3657 million RMB Common Stock 7 National Social Security Fund 102 Combination 23,401, 574 RMB ordinary shares 8 National Social Security Fund 1 18 combination15,648,253 RMB ordinary shares 9 China International Capital Corporation Limited 12
Three. Work progress during the suspension period and application for further suspension. During the suspension period, the company and relevant parties actively promoted all the work involved in this major asset restructuring in strict accordance with relevant laws and regulations. At the same time, the company strictly follows the "Shenzhen Stock Exchange Listing Rules" and "Small and Medium-sized Board Information Disclosure Memorandum No". 14: the listed company suspends trading and resumes trading, and issues an announcement on the progress of major asset restructuring at least once every five trading days to register and declare the insiders involved in this matter. The company originally expected to disclose the major asset restructuring report in accordance with the requirements of Contents and Forms of Information Disclosure of Companies Offering Securities to the Public No.26: Major Asset Restructuring of Listed Companies before February 7, 2008. At present, as the specific transaction plan for the acquisition of the underlying assets is still under demonstration, and the due diligence, auditing and evaluation involved in the restructuring have not been completed, the restructuring plan still needs further negotiation, demonstration and improvement by the company and relevant parties, and it is expected that the company will not resume trading within the original planned time. In view of the uncertainty in this matter, in order to safeguard the interests of investors and avoid the abnormal fluctuation of the company's share price, according to the provisions of the Listing Rules of Shenzhen Stock Exchange and the Memorandum of Information Disclosure of Small and Medium-sized Enterprises BoardNo. 14: Suspension and Resumption of Trading of Listed Companies, the company applied to Shenzhen Stock Exchange, and the company's shares continued to be suspended from Wednesday, February 7, 2000/KLOC-8.
Four. Work arrangement and commitment during the period of continuous suspension. During the period of continuous suspension, the company and relevant parties will speed up the work progress, actively promote the progress of restructuring projects, and strive to disclose major asset restructuring plans (or reports) that meet the requirements of the Standards for Contents and Forms of Information Disclosure of Companies Offering Securities to the Public No.26-Application Documents for Major Asset Restructuring of Listed Companies before March 7, 20 18. If the company fails to disclose the major asset restructuring plan (or report) within the above-mentioned time limit, but intends to continue to promote it, the company will convene a board meeting to consider the proposal to continue the suspension of trading, and apply to the Shenzhen Stock Exchange for continued suspension of trading after the proposal is passed. If the company fails to convene a board meeting to consider the proposal to continue the suspension of trading or the application to postpone the resumption of trading is not approved by the board of directors and Shenzhen Stock Exchange, the company's shares will resume trading on March 7, 20 18, and the basic situation of this major asset restructuring, whether to continue this major asset restructuring and related reasons will be disclosed. If the company terminates the planned major asset restructuring during the suspension period, the company will promptly disclose the relevant announcement on the termination of the planned major asset restructuring. If the company's stock has been suspended for less than 3 months, the company promises not to plan any major asset restructuring for at least 1 month from the date of announcement; If the company's shares are suspended for more than 3 months, the company promises not to plan major asset restructuring for at least 2 months from the date of announcement. During the suspension period, the company and relevant parties will continue to fully promote the work of this major asset restructuring. According to the progress of the matter, the company will fulfill its information disclosure obligations in strict accordance with relevant regulations and issue a major asset restructuring progress announcement every five trading days.
Verb (abbreviation of verb) Risk warning The information disclosure media designated by the company are Securities Times, china securities journal, shanghai securities news, Securities Daily and Juchao Information Network (info.com.cn), and all information publicly disclosed by the company shall be subject to the information disclosed by the above-mentioned designated media. There are still great uncertainties in this major asset restructuring of the company, so investors are advised to pay attention to investment risks.
It is hereby announced.
Board of Directors of Kaiying Network Co., Ltd.
2065438+February 5, 2008