Home » Sunshine City: Controlling shareholder Sunshine Group and related parties plan to terminate the plan to increase their holdings due to the failure to raise funds in a timely manner_Oriental Fortune Net

Sunshine City: Controlling shareholder Sunshine Group and related parties plan to terminate the plan to increase their holdings due to the failure to raise funds in a timely manner_Oriental Fortune Net

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  Sunshine CityGroup Co., Ltd. (abbreviation:Sunshine City, 000671.SZ) releasedannouncement, holdingshareholderFujian Sunshine Group Co., Ltd. (hereinafter referred to as “Sunshine Group”) failed to raise the funds needed to increase its shareholding in the company in time. Sunshine Group and related parties intend to terminate the implementation of the plan to increase its shareholding in the company.

The announcement shows that based on firm confidence in the company’s future sustainable and stable development and long-term investment value, the company’s holding sharesEast SunshineThe Group and related parties intend to increase their holdings of the company’s shares within 12 months from December 30, 2020, not less than 1% and not more than 2% of the company’s total share capital (calculated based on the company’s total share capital during the implementation period of the increase).As of the date of this document, the company’s holding sharesEast SunshineThe Group and related parties have increased their holdings of 23,962,100 shares of the company, accounting for 0.58% of the total share capital on the date of this document, with an increased amount of 139 million yuan.

  Explanation on the plan to terminate the implementation of the holding increase plan, in the announcement,Sunshine CityHowever, after the disclosure of the plan to increase its holdings, due to the relatively unfavorable changes in the development of the real estate industry and the financial market environment, Sunshine Group is also facing challenges such as intensified competition in the industry and continued pressure on profits.Due to the company shares held by Sunshine Group and related partiespledgeDue to the high proportion, limited financing channels, centralized payment of debts due to maturity (some debts were even required to be repaid in advance) and other reasons, the net outflow of funds was large, resulting in the failure of Sunshine Group and its related parties to raise the funds needed to increase their holdings of the company’s shares in time. , unable to continue the implementation of the increase plan.

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It is worth mentioning that a previous announcement issued by Sunshine City on January 7 stated that the 17,050,000 shares of the company held by the controlling shareholder Fujian Sunshine Group Co., Ltd.Bank of NanjingAfter applying for property preservation, it was frozen by the court, and the number of shares accounted for 2.52% of the total number of shares it held.

(Article source: CDC Finance)


Article source: CDC Finance

Responsible editor: 91

Original title: Sunshine City: Controlling shareholder Sunshine Group and related parties plan to terminate the increase in holdings due to the failure to raise funds in time

Solemnly declare: The purpose of this information is to spread more information, and it has nothing to do with this stand.

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