Ciwen media is the most famous large-scale media organization in China's film and television industry. It is the leader in China's film and television industry. There are many classic and popular works produced by Ciwen media. At present, Ciwen media has become a media organization integrating TV drama, film and animation production. But recently, it was reported that Ci'en media announced the suspension of trading. What's going on? This article brings you the specific information and announcement of the suspension announced by Ciwen media.
Suspension notice
Sina entertainment news on February 19, Ciwen media, which has produced popular TV dramas such as huaqiangu, the biography of Chu Qiao and laojiumen, announced the suspension of trading. The controlling shareholder Ma Zhongjun and his concerted actors are discussing equity transfer and related matters with Huazhang Tiandi Media Investment Holding Group Co., Ltd., a wholly-owned subsidiary of Jiangxi publishing group. On February 20, Ciwen media released on its official microblog 'reply to relevant questions on Ciwen media: Announcement on suspension of major issues'. In the reply, the reasons for the transfer, the consideration of the transfer object, the operation team, future development and other issues were answered. The reply said that Ciwen media will become a listed company with mixed ownership. The shareholder Ma Zhongjun is still the core of the company's decision-making and operation, and the status of the original core team remains unchanged.
Full text of the announcement:
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Mr. Ma Zhongjun, the controlling shareholder of Ciwen Media Co., Ltd. (hereinafter referred to as "the company" or "Ciwen media") and the persons acting in concert are negotiating with Huazhang Tiandi Media Investment Holding Group Co., Ltd. (hereinafter referred to as "Huazhang investment") on equity transfer and related matters. Huazhang investment plans to become the controlling shareholder of Ciwen media by transferring the shares held by Mr. Ma Zhongjun and his concerted actors, Ms. Wang Mei, Ms. Ye Biyun and Mr. Ma Zhonghua, and cooperate with Mr. Ma Zhongjun to jointly promote the healthy and stable development of Ciwen media.
The counterparty of this transfer, Fang Huazhang investment, is a large cultural industry investment group focusing on equity investment and venture capital, and a wholly-owned subsidiary of Jiangxi publishing group. It is estimated that the equity involved in this transfer is 15.05% of the total share capital of the company, and such transfer will lead to the change of control of the company. After the relevant agreements are officially signed, the transfer still needs to comply with the approval procedures of the state-owned assets supervision and Administration Department of Jiangxi Province.
In view of the uncertainty of this matter, in order to ensure fair information disclosure, safeguard the interests of investors and avoid abnormal fluctuation of stock price, according to the stock listing rules of Shenzhen Stock Exchange, the guidelines for standardized operation of companies listed on the SME Board of Shenzhen Stock Exchange and the guidelines for information disclosure of listed companies of Shenzhen Stock Exchange No. 2 - suspension and resumption of trading business Upon application to Shenzhen Stock Exchange, the trading of the company's shares (stock abbreviation: Ciwen media, stock code: 002343) will be suspended from the opening of the market on Wednesday, February 20, 2019, and the suspension is expected to be no more than five trading days.
During the suspension period, the company will timely perform the obligation of information disclosure in strict accordance with relevant regulations and requirements according to the progress of relevant matters. The information disclosure media designated by the company are securities times and cninfo. All information of the company is subject to the information disclosed in the above designated media. Please pay attention to the relevant announcements and pay attention to the investment risks.
It is hereby announced.
Board of directors of Ciwen Media Co., Ltd
February 20, 2019