Zhitong Financial APP News, founder Holdings (00418) issued an announcement that on the date of this announcement, the registration and establishment of the subsidiary business platform company of the New founder Group is still in progress. According to the information provided by Peking University founder, as at the date of this announcement, four subsidiary business platform companies of the New founder Group have been established and two subsidiary business platform companies of the New founder Group are still in the process of registration.
According to the plan, five companies, including Peking University founder, will complete the follow-up work of the plan within 12 months from the date of the court's ruling to approve the plan, and the approval date of the plan is June 28, 2021. The transfer of the company's equity to the business platform company of the New founder Group is subject to the approval of the relevant financial regulatory authority and depends on the implementation and timing of the relevant steps to carry out the follow-up work of the program, and the company does not know the exact time of the transfer.