After the major shareholders quietly reduced their holdings, I Le Home fell by the limit at the end of the day yesterday and fell more than 3% today to 14.06 yuan per share, with a total market capitalization of 4.436 billion yuan.

The latest announcement of my Lejia home showsYu Fan Yi and his concerted actors expressed sincere apologies for this illegal reduction, and the aforementioned shareholders also promised to buy back the illegal excess reduction shares as soon as possible. If this part of the share repurchase involves income, all the proceeds will be owned by the listed company.

At the same time, I Lejia said on the interactive platformNINA YANTI MIAO, the controlling shareholder and controller of the company, has not reduced its holdings since the company went public, and there is no equity pledge.

The cash in two days exceeds 300 million.

At the same time, more details about the reduction were disclosed, and the announcement showed that Fan Yi and Liu Fujuan were husband and wife.Yantai Ewei Management Co., Ltd., Tibet Ewei Venture Capital Co., Ltd., Yantai Ewei Trade Co., Ltd.All belong to the enterprises controlled by the couple. Yu Fanyi also served as executive director and or general manager of the above-mentioned company respectively.Due to investment and kinship,To be a man of concerted action.

It is reported that before the reduction,In total, Fan Yi and his actors hold a total of 22.4404 million shares, accounting for 7.11% of the shares; after the reduction, they only hold 42 million shares.

The reduction occurred in our Lejia share price of 7 and 8 on September 5 and September 6.Concentrate on bidding on September 5thYu Fan Yi and his actors sold 2.9079 million shares and sold 19.5283 million shares at a concentrated auction on Sept. 6.Based on the average price of our Lejia in the past two days, the major shareholder cashed out a total of 354 million yuan.

Actual reduction of 9.11 million shares

Such a large-scale reduction of holdings, and there is no prior announcement, regulation also stepped in.

On September 6th, I am happy to live at home announcement, receivedRegulatory work letter of the Shanghai Stock Exchange.The above-mentioned shareholders, as shareholders with a total shareholding of more than 5%, shall make a report and announcement when the shareholding ratio changes to 5%, and shall not buy or sell stocks again from the date of occurrence of the fact to 3 days after the announcement. The reduction of the relevant shareholders of the company has been suspected of violating the above regulations.

At noon on September 7, I Lejia issued another announcement that the company's shareholders, Fan Yi and his concerted actor Liu Fujuan, received a notice from the Securities Regulatory Commission that the CSRC decided to file a case against the aforementioned shareholders on suspicion of over-proportional reduction.

On the evening of September 7, in reply to the regulatory work letter of the Shanghai Stock Exchange, I Lejia said that Fan Yi and his actors promised to buy back this illegal over-reduction shares as soon as possible within the limits of laws and regulations. If this part of the share repurchase involves income, it will be owned by the listed company.

If, according to the announcement of the Shanghai Stock Exchange, a change in the shareholding ratio of more than 5 per cent is an illegal reduction, which means that the shareholder value needs to buy back 6.6647 million shares, accounting for 2.11 per cent of the company's total share capital, that is, the shareholder has actually reduced his holdings by 9.1109 million shares.

Reviewing the shareholding history, the shares held by Fan Yi and his co-actors accumulated 3522660 shares of the company through centralized bidding from January 27, 2021 to February 1, 2021. After this increase, the total number of shares held by the above-mentioned actors was 19002873 shares, accounting for 6% of the company's total share capital at that time.PeriodThe average price of our home furnishing is 10.46 yuan per share.

Since February 2021, Mr. Yu Fanyi and his actors have accumulated a cumulative increase of 3437535 shares through competitive trading.As of June 30, 2021, the total number of shares held was 22440408 shares.PeriodThe average price of our home furnishing is 11.56 yuan per share.