Phoenix publishing media has become the leading major shareholder of Yaohua Glass
there will be no belt sticking on December 30. Tan Yue, chairman of Jiangsu Phoenix publishing media group company, revealed in an exclusive interview with yicaijing (click to view the interview topic) that this morning, the registration of the transfer of equity from Phoenix Real Estate Co., Ltd. to Yaohua Glass (Stock Name: St Yaohua, stock code: 600716) has been completed. According to the suggestions of Shanghai Stock Exchange, The general meeting of shareholders will be convened in the middle of next month, and the final name will be changed
the major shareholders of Yaohua Glass have transferred their shares to the Phoenix Group ring stiffness testing machine. In terms of legal principle and equity relationship, Phoenix publishing media group has become the leading major shareholder of Yaohua Glass
Yaohua Glass announced today that on December 28, 2009, Yaohua Glass, Phoenix Group and China Yaohua Glass Group signed the delivery confirmation documents of relevant assets placed and assets placed out. Since December 28th, 2009, Yaohua Glass waste plastic can be used as 3D printing materials. All the original assets and liabilities as well as staff have been disposed of, and Yaohua Group will receive and settle down; Jiangsu Phoenix Real Estate Co., Ltd. injected 100% equity into Yaohua Glass, and the equity has been transferred to Yaohua Glass
Yaohua Glass holds 100% equity of Jiangsu Phoenix Real Estate Co., Ltd., and the share transfer price of 264648560 shares transferred by Yaohua Group to Phoenix Group has been fulfilled by Phoenix Group; The consideration payment obligation of Yaohua Glass to privately issue 183320634 RMB ordinary shares to Phoenix Group has been fulfilled by Phoenix Group
shareholding of shareholders before and after the reorganization of Yaohua Glass
Jiangsu Phoenix Real Estate Co., Ltd. is a wholly-owned real estate development enterprise of Jiangsu Phoenix publishing and media group. It was established in September 2005 with a registered capital of 806million yuan. Phoenix real estate combines cultural industry to develop real estate. The projects that have been developed and are being developed include Phoenix Heming, Phoenix Hexi, Phoenix Hemei, Suzhou Phoenix International Book City and Phoenix Villa, with a development area of more than 1 million square meters
the acquisition of Yaohua Glass by Jiangsu Phoenix publishing media group Co., Ltd. and the waiver of the obligation of tender offer have been reviewed and approved by the China Securities Regulatory Commission
on August 6, 2008, Jiangsu Phoenix Media Publishing Group Co., Ltd. announced the leading restructuring plan to restructure st Yaohua by injecting it into Jiangsu Phoenix Real Estate Co., Ltd., but it failed to pass the investor vote at that time
and various production enterprises take measures to reduce production capacity and stabilize prices
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