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10 million shares held by the third largest shareholder of Great Wall Animation were auctioned by the second largest shareholder, 42.68 million yuan – China Securities Network – Hanfeng Net


2018-11-22 18:48:31 Source: China Securities Network

K map 000835_2

On the evening of November 22, the Great Wall Anime (000835) announced that from 10:00 on November 21, 2018 at 10:00 on November 22, 2018, the Leshan City Court court auction network auction organized the 1000 company owned by Shengda Group. The second public auction of the 10,000 shares, the starting price of 38.5 million yuan, according to Leshan City People's Court court platform bid platform network "confirm the success of the network offer", Dazhou Entertainment Co., Ltd (hereafter: Dazhou Entertainment) through bidding M1365 won 10 million shares of the company for 42.68 million yuan. The final transaction of this auction will be the subject of the decision to sell the auction issued by the Intermediate People's Court in Leshan City, Sichuan Province. Starting November 22, the price of Great Wall Animation closed at 5.03 yuan / share, a slight decline of 0.79%.

Dazhou Entertainment is the second largest shareholder of the company, before the auction, held 16.253 million shares of the company, accounting for 4.97% of the company's total capital. If the offer was successfully transferred, Dazhou Entertainment held a total of 2,625.3 shares, 8.03% of the share capital.

The 10 million shares of this auction were engaged in shares of Tianjin Branch in Tianjin Bank Co., Ltd. for the issuance of corporate bonds by the Shengda Group. Before the auction, Shengda Group held 10 million shares of the company, representing 3.06% of the company's total share capital, being the company's third largest shareholder, according to the "Own Funds Transfer Agreement" signed by Shengda Group and Great Wall Group on July 20, 2014, Shengda Group entrusted 10 million shares to Great Wall Group between the signing of the Capital Transfer Agreement until the completion of the Shengda Group's equity transfer procedures. The Shengda Group and the major shareholder of Great Wall Film and Culture Television Enterprise Group Co., Ltd., current Zhao Ruiyong controller is a concerted action relationship.

(Source: China Securities Network)

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