Home > News content

Fell in love with Jiaoyue Ting 500 days and the cruel nirvana finally ended

via:每日经济新闻     time:2018/1/14 9:31:21     readed:124

The company sold 897 million shares of the company on January 4.

It also means that since serving as chairman of the Cool more than 500 days, Jiayue Ting has been clearing the shares held by Cool. For the past year, Coolpad's stock price has dropped from HK $ 3 to HK $ 0.7. On March 31, 2017, it announced the delay in publishing 2016 results. The suspension has not yet resumed. On the other hand, with the departure of Jiayue Ting, Cool Past, "into the music as the ecological", "struggling to impact the global TOP1" and so on the heroic rhetoric also will disappear, leaving the capital market and investors feather.

Jiayue Ting clearance cool shares

The announcement by Coolpad Group on the evening of the 11th did not disclose the transaction price. The transaction was conducted by Zeal Limited, a company incorporated in the Cayman Islands. After the completion of the sale, Wei Ri Venture is the largest shareholder of Cool, holding a ratio of 17.83%. Now the buyer is the second largest shareholder, holding a ratio of 10.95%.

In a recent interview with the media, Cool Cell Phone CEO Jiang Chao said that in the future, Cool will devote itself to overseas markets and gradually realize the localization of the U.S. headquarters and R & D headquarters. China mainly serves as a manufacturing base.

Prior to the clearance Coolpad shares on January 4, Jiayue Ting's Leview Mobile HK Limited has been 9.9 Hong Kong dollars / share price Cool 897 million shares sold at a total turnover of about 808 million Hong Kong dollars (about 670 million yuan) . The selling price of 0.9 Hong Kong dollar, though, is 25% more than the price of HK $ 0.72 held by Coolpot before suspension, but it was 65% more than the original purchase price of Jiayue Ting.

On January 4, Gan Wei also referred to the sale of cool shares in Weibo. The proceeds were offset by the corresponding part of the debt of China Merchants Bank (the original principal and interest of about 1.4 billion Hong Kong dollars), debt service ratio of nearly 60%. According to surging news reports, this payment will be gradually returned to China Merchants Bank in batches.

Gan Wei also said at the time that the next step would be to actively seek communication with China Merchants Bank and hoped to thaw the frozen assets to a corresponding extent in order to repay the debts of more creditors. In response, an insider told the surging news interview that China Merchants Bank should not nod easily to thaw. As for the 515 million shares of Coolpad sold on January 11, people familiar with the deal said the deal was not related to CMB.

Jiayue Ting and Cool "Nie Yuan"

Back in June 2015, Jia Youting bought about 780 million Kuwaiti shares in the name of LMHK at HK $ 3.508 / share, costing more than HK $ 2.7 billion. In August 2016, Jiayue Ting added Coolpad Group to HK $ 1.9 / share for a net gain of HK $ 1.048bn. After its holdings, it became the largest single shareholder of Coolpad Group with a 28.83% stake. Jiayue Ting also took the heavy hand to create a brand of glory Huawei Liu Jiang Feng Huawei CEO as Cool, bent on the Cool School also embarked on the road to reconstruction, then Liu Jiangfeng also full of confidence, vowed to lead Cool sent back to the front line. However, let Liu Jiangfeng unexpected is that music as the capital chain crisis so that all his ideas are turned into bubbles.

In fact, after Jia Youting bought Coolpad shares in 2015, Coolpad shares started to fall. In November 2016, due to the tension in the capital chain of music and the news that more than 10 billion yuan of arrears owed to suppliers began to circulate on the Internet. Since then, the capital chain of Music has also become increasingly nervous as the rumor increases. In the event of a nearly broken capital chain, A series of eco-companies under LeTV became the lending tool for Jia Yueting to remove the wall from the west wall, which led to the continual funding of Coolpad and even upset the cool rhythm of Coolpad mobile phones. Since joining LeTV in August 2016, After the release of the first model cool 1, until January 2017 Cool just launched the second phone "change S1."

Under the background of the brand image of music as the hit, cool and close contact with the music naturally affected, Cool almost all ended in a bleak cell phone, Liu Jiang Feng high expectations of "Changer S1" Naturally Oblivion in the torrent of the market, leaving only the "impressive place", "follow-up imagination is quite limited," such evaluation.

Realizing that music is the root cause of the problem, although Liu Jiangfeng began to actively optimistic music, but it is too late, in the current iteration of electronic products faster and faster now, the market will not give a brand too much time and fault tolerance Space, just as consumers do not dare to buy music as mobile phones, cool mobile phones are gradually losing people's attention, constantly under the vicious cycle, Liu Jiang Feng Coolpad to lead back to the front line dream can only be foreseeable in the foreseeable future.

Cool shares have dropped from HK $ 2.9957 / share in June 2015 to HK $ 0.72 before the suspension, and Coolpad Group has been suspended since March 31, 2017 after it announced the delay in publishing its 2016 results.

After the end of this "Nie Yuan", for Jiayue Ting and Cool are a relief. Without the fetters of Jiayue Ting, cool people may be able to nirvana. For Jiayue Ting, may have realized that the debt problem is not solved, the difficulty of repairing vehicles financing is still hard to break with the return of Ganwei actively solve the debt, creditors have finally seen the hope of solving the problem.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments