February 25 news: today, Suning e-buy responded to the change of control, saying that it has received a notice from the company's actual controller, controlling shareholder Mr. Zhang Jindong and shareholder Suning Electric Appliance Group Co., Ltd. that it plans to plan the company's share transfer, with an estimated transfer ratio of 20% - 25%. The equity transferee belongs to the infrastructure industry. According to the proportion of shares to be transferred, it is expected that changes in the company's control rights may be involved. The specific transaction plan of the above-mentioned items is still in the process of planning and needs to be approved by the competent department, which is uncertain.
This morning, Suning was temporarily suspended for planning a change of control. As of the trading day before the suspension, the total market value of Suning e-buy (002024) reached 65.2 billion yuan.
Previously, it was rumored that Suning Electric might have plans to sell all or part of its shares in Suning Tesco to state-owned enterprises, with a valuation range of 8 billion to 10 billion yuan. There was no official response to the information.
According to the latest equity structure of Suning e-buy, among its top 10 shareholders, Suning founder Zhang Jindong holds 20.96%, Taobao (China) Software Co., Ltd. holds 19.99%, Suning Electric Appliance Group Co., Ltd. holds 19.88%, Suning Holding Group Co., Ltd. holds 3.98%, and the rest are held by individuals or company management. The 16.8% held by Suning as mentioned in the table below is its direct shareholding, excluding the number of shares held through the trust plan. According to the company's latest announcement, Suning Electric Appliance Group Co., Ltd. holds 19.88% of the shares in Suning Tesco.
Top ten shareholders of Suning e-buy and the number and proportion of their shares
However, Suning did frequently pledge in the near future. Among the 19.88% shares of Suning e-buy held by Suning Electric, 9.64% of them have been pledged, accounting for about half of its shares in Suning e-buy.
On December 4 last year, according to the disclosure of the national enterprise credit information publicity system, Suning holding group shareholders Zhang Jindong, Zhang Kangyang (the son of Zhang Jindong) and Nanjing Runxian enterprise management center have pledged all the shares of the company to Taobao (China) Software Co., Ltd. Meanwhile, the 65000 shares of Suning real estate held by Zhang Jindong were also pledged to Taobao. Suning responded that at present, Suning holding group holds 3.98% equity of Suning e-buy, and equity pledge is a normal business cooperation, which has no substantial impact on the strategic development and normal operation of Suning e-buy.
In addition, Suning's many bonds also fell significantly. For example, the lowest price of 18 Suning 05 with a face value of 100 yuan dropped to 74 yuan, with a drop of 26%, which is not common in the bond market. However, Suning has repeatedly cashed bonds in the past three months.
Pledge of Suning e-share by Suning Electric
Subsequently, on the evening of November 30, Suning e-buy announced that its cloud network WanDian had completed round a financing, and Shenzhen Venture Capital led the investment, with a financing amount of 6 billion yuan.
Specifically, Suning will focus on the four profit points of home appliances, independent products, inefficient business adjustment and various cost control, and strengthen the four scale growth sources of e-buy main station, retail cloud, B2B platform and Maoning.
On the evening of January 29, Suning e-buy released its performance forecast for 2020. It is expected to achieve an annual operating revenue of 257.562 billion yuan to 259.562 billion yuan and a loss of 3.45 billion yuan to 3.95 billion yuan.