The bankruptcy liquidation application has been accepted ST Modern Five -Five Langu

Cover Journalist Zhu Ning

On September 19, the daily limit during ST modern collection, and then opened the daily limit directly. As of press time, ST Modern reported 4.05%to 3.55 yuan per share.

On the evening of September 18, the company announced that the bankruptcy and liquidation application of the controlling shareholder Ruifeng Group had been accepted by the Guangzhou Intermediate People's Court. If the final bankruptcy liquidation was completed, there may be changes in the controlling shareholder.

It is worth noting that before the news was disclosed, ST Modern suddenly increased the daily limit on September 8th. The four trading days continued to rise in the next trading day. The transaction was released on the same day for more than a year.

The controlling shareholder has changed expectations

According to the previous announcement, Modern Avenue received a notice from the controlling shareholder Guangzhou Ruifeng Group Co., Ltd. (hereinafter referred to as "Ruifeng Group") on July 20, 2022. On the grounds that the lack of debt repayment, the Guangzhou Intermediate People's Court (hereinafter referred to as the "Guangzhou Intermediate Court") was applied for bankruptcy and liquidation of Ruifeng Group.

On the evening of September 18, ST Modern announced, "Recently, the company received a notice from Ruifeng Group, and Ruifeng Group received the" Civil Ruling Book "issued by the Guangzhou Intermediate People's Court ((2022) Guangdong 01 Break Shen 348). Accepting Bank of Guangzhou's bankruptcy liquidation application for Ruifeng Group. " According to the company, through the public channel, the (2022) Guangdong Intermediate Court (2022) Guangdong 01 Break No. 230 announced, and the Guangdong Shangkuan Law Firm has been designated as the manager of Ruifeng Group.

ST modern claims to be in accordance with the requirements of the "Company Law" and "Securities Law" and the requirements of the company's articles of association in accordance with the "Company Law" and "Securities Law". They have independent and complete business and independent business capabilities. All aspects have maintained independence. This court's acceptance of Ruifeng Group's bankruptcy liquidation application will not have a significant impact on the company's daily production and operation. If the final bankruptcy liquidation is completed, there may be changes in the controlling shareholder.

It is worth noting that on September 14th, the Guangzhou Intermediate People's Court announced the bankruptcy and liquidation manager of Ruifeng Group on the official website. The court ruled that the acceptance time was September 15, but ST Modern was not announced until the evening of September 18.

Even in the announcement of the abnormal fluctuations of the stock price issued on the evening of September 15, the company also stated that "the company, the controlling shareholder, and the actual controller do not have major matters that should be disclosed but not disclosed, or in the planning stage."

ST Modern announced on the evening of September 15 that the company's shares increased by more than 12%from the closing price of the two trading days on September 14 and September 15, reaching 5 consecutive boards. According to the relevant provisions of the Shenzhen Stock Exchange Trading Rules, it is an abnormal fluctuation of stock transactions. After self -inspection, the company does not have the case of violation of information fairness.

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