The actual controller or change of the countdown for the change of ownership of large shareholders of Gree Electric

category:Finance
 The actual controller or change of the countdown for the change of ownership of large shareholders of Gree Electric


The control right of Gree Electric appliances has aroused a lot of speculation. The reason why this equity transfer has attracted so much attention is that on the one hand, Gree Electric is an enterprise with natural attraction to the outside world; on the other hand, as the representative of made in China, the transfer of controlling right of Gree Electric may involve the issue of state-owned controlling right, that is to say, after the equity transfer, Gree Electric may no longer be controlled by state-owned assets, which was also the result of the external attention The key to success.

Arousing the attention of SASAC

In response, Peng Huagang, Secretary General of SASAC and press spokesman of the State Council, also made a special response to this issue at the first quarter conference of the state-owned enterprises held on April 16 this year. Although the state-owned equity transfer authority of Gree Electric belongs to the SASAC of Zhuhai City rather than the SASAC of the State Council, he said, in promoting the mixed reform, SASAC put forward a high level of competition at the beginning The reform requirement of commercial enterprises in the field of competition is that they can hold absolute shares, hold relative shares, or participate in shares. The key is to depend on the market situation and enterprise development. As long as it is conducive to the sustainable and stable development of enterprises, the improvement of market competitiveness and the maintenance and appreciation of state-owned assets, SASAC will support it. This is also a clear statement made by the top supervision of state-owned assets on the equity transfer of Gree.

20 days delayed signing of equity transfer

On October 28, Gree Electric released the announcement on the results of public collection of transferees, saying that the ultimate transferee of Grees Transferred Equity is Zhuhai Mingjun investment partnership (limited partnership). According to the public solicitation plan disclosed in the public solicitation transferee announcement, the intended transferee shall sign the share transfer agreement with Gree Group within 10 working days from the date of being determined as the final transferee.

It is worth noting that Gree Electric also pointed out in the announcement that the intended transferee should be conducive to improving the quality of the listed company and maintaining the sustainable and healthy development of the company, and the letter of intent for transferee in the application materials for this transfer requires the intended transferee to put forward specific measures to maintain the stability of the management and specific plans for future cooperation with the management. It is reported that Zhuhai Mingjun, the final transferee, also proposed an invitation for cooperation to the management of Gree Electric in the form of a written invitation to the letter of intent. If the management of Gree Electric finally accepted the invitation from Zhuhai Mingjun and carried out cooperation according to the invitation scheme proposed in the letter of intent, both parties need to give specific cooperation scheme before Zhuhai Mingjun and Gree Group sign the share transfer agreement Make clear and disclose to the public. In particular, the announcement said that there is still uncertainty about whether Grees management will accept the invitation of the final transferee and whether the two sides can finally reach an agreement on the cooperation plan. On November 12, Gree Electric announced that, in view of the outstanding issues in the share transfer agreement, the signing date of the share transfer agreement between Zhuhai Mingjun and Gree Group was postponed. The sudden postponement of the signing of the equity transfer suddenly surprised the outside world, which many people think is because the transferee was not recognized by the management of Gree Electric appliances such as Dong Mingzhu. Until yesterday, Grees stock trading was suspended and a notice was issued saying that the two sides intend to sign a contract, but the reason why the transfer agreement was signed 20 days late is still unclear. Source: responsible editor of Beijing Youth Daily: Guo Chenqi, nbj9931

It is worth noting that Gree Electric also pointed out in the announcement that the intended transferee should be conducive to improving the quality of the listed company and maintaining the sustainable and healthy development of the company, and the letter of intent for transferee in the application materials for this transfer requires the intended transferee to put forward specific measures to maintain the stability of the management and specific plans for future cooperation with the management. It is reported that Zhuhai Mingjun, the final transferee, also proposed an invitation for cooperation to the management of Gree Electric in the form of a written invitation to the letter of intent. If the management of Gree Electric finally accepted the invitation from Zhuhai Mingjun and carried out cooperation according to the invitation scheme proposed in the letter of intent, both parties need to give specific cooperation scheme before Zhuhai Mingjun and Gree Group sign the share transfer agreement Make clear and disclose to the public. In particular, the announcement said that there is still uncertainty about whether Grees management will accept the invitation of the final transferee and whether the two sides can finally reach an agreement on the cooperation plan.

On November 12, Gree Electric announced that, in view of the outstanding issues in the share transfer agreement, the signing date of the share transfer agreement between Zhuhai Mingjun and Gree Group was postponed. The sudden postponement of the signing of the equity transfer suddenly surprised the outside world, which many people think is because the transferee was not recognized by the management of Gree Electric appliances such as Dong Mingzhu.

Until yesterday, Grees stock trading was suspended and a notice was issued saying that the two sides intend to sign a contract, but the reason why the transfer agreement was signed 20 days late is still unclear.