During the suspension period, SUNING successfully introduced a new round of war voting. On the evening of July 5, SUNING announced that Zhang Jindong and its co-actors, SUNING holding Group and shareholder SUNING Electric Appliance Group, intend to transfer 16.96% of the shares of the listed company to Jiangsu Xinxin Retail Innovation Fund Phase II (limited partnership).
The institutions involved in this strategic investment include Jiangsu, Nanjing, state-owned assets, Alibaba and industrial investors such as Haier, Midea, TCL and Xiaomi. Among them, the participation of state-owned assets will lay a solid foundation for the stable and healthy development of SUNING. Alibaba, Haier, Midea, TCL, Xiaomi and other industrial investors will play a close synergistic effect with SUNING, and continue to deepen cooperation in the fields of users, technology, services, supply chain, warehousing and logistics.
For the introduction of war investment, the market attitude is more optimistic. After resuming trading on July 6, SUNING rose rapidly by the daily limit, opening at 6.15 yuan per share, up 10.02% from the previous suspension of 5.59 yuan per share.
Further enhancing SUNING's mobility is crucial to better implement the above-mentioned business development plan, the announcement said. The people's governments of Jiangsu Province and Nanjing will give full play to the positive effects of the joint credit mechanism, provide emergency credit to SUNING, and restore credit to the reasonable level of normal operation in a timely and full manner according to the needs of business development. to promote the resumption of a virtuous circle of business activities.
Market analysts believe that the addition of state-owned assets and other strategic shareholders is an excellent supplement to SUNING's shareholder structure. SUNING has greatly boosted investment confidence in the capital market by overlaying and focusing on the improvement of performance by the implementation of the retail strategy. After the completion of the investment work, SUNING will enter a new stage of diversified development.