Gree plans to plan changes in control

Gree Electric announced on the afternoon of April 1 that Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. The specific trading plan for this matter is still under planning. The relevant transaction transferee should be determined after fulfilling the relevant state-owned equity transfer procedures, and the relevant matters involve the prior approval of the state-owned assets supervision and management department and other relevant departments. There is uncertainty in the timing of department approval and approval.

Headline
Gree Electric: Gree Group is planning to transfer some of Gree's equity held by the company may involve changes in control rights

Gree Electric (000651) announced on the afternoon of April 1 that Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. The specific trading plan for this matter is still under planning. The relevant transaction transferee should be determined after fulfilling the relevant state-owned equity transfer procedures, and the relevant matters involve the prior approval of the state-owned assets supervision and management department and other relevant departments. There is uncertainty in the timing of department approval and approval. The company's stock will be suspended from April 1 and it is expected that the suspension will not exceed 5 trading days. ...[Details]

Spotlight
Gree's control of control changes or is received by management? Zhuhai State-owned Assets Supervision and Administration Commission: no plan received

On April 1, the journalist called the office of the State-owned Assets Supervision and Administration Commission of Zhuhai City, Guangdong Province. Relevant persons said that the SASAC is the examination and approval department. If the Gree Group submits the plan, it will be examined and approved according to the procedures. "There is no relevant plan yet, which is subject to the announcement of Gree Group."...[Details]

Alibaba responded that it will acquire a 5% stake in Gree Electric: rumors

Gree Electric announced in the afternoon that Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. It was then rumored that Alibaba would acquire a 5% stake in Gree Electric. According to this, Alibaba responded to Sina Technology and declined to comment on market rumors. Subsequently, Alibaba updated the response, saying that the rumor was not true. ...[Details]

Whose Gree? Sudden suspension of trading is actually a change of controlling interest. It is said that the transfer ratio of major shareholders may exceed 10%!

A person close to Gree Electric revealed that Gree Group has an intention to transfer equity, and the transfer ratio is likely to exceed 10%. After the transfer, Gree Electric's controlling stake will be transferred. However, the transfer of state-owned assets requires the process of asset evaluation and bidding. There is no further information on the objects and prices of the transfer. ...[Details]

Gree Electric Control Change Mind: Dong Mingzhu and other management or takeover

According to industry insiders of Gree Electric Appliances, Gree Group will publicly auction the equity of Gree Electric Appliances in the name of mixed reform and state-owned enterprises to withdraw from the competitive industry. Gree management and core distributors headed by Dong Mingzhu are likely to be the most powerful takers. ...[Details]

Gree Group plans to transfer part of Gree's equity or change control of the latter

On April 1, Zhuhai Gree Electric Appliance Co., Ltd. announced the suspension of major events and announced that Zhuhai Gree Electric Appliance Co., Ltd. (hereinafter referred to as “the company”) received the notice from the controlling shareholder Zhuhai Gree Group Co., Ltd. (hereinafter referred to as “Geli Group”). Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. ...[Details]

Gree electrical control mutation is too shocked! Institutional sources say there are many possibilities for the takeover

At present, Zhuhai Gree Group is the controlling shareholder of Gree Electric Appliances, holding 1.096 billion shares, accounting for 18.22% of the total share capital. The actual controller is Zhuhai SASAC. For the new owner, some investment bankers pointed out that “Gree’s announcement shows that this is a change of control rather than a change of controlling shareholder. It may also be that Zhuhai State-owned Assets Supervision and Administration Commission has changed its shareholding platform, and it may be other types of state-owned assets.” ..[Details]

Heavy burst! Gree Electric plans to plan control changes Two major conjectures emerged The US group has risen!

Gree Electric announced in the afternoon that Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. The specific trading plan for this matter is still under planning. The relevant transaction transferee should be determined after fulfilling the relevant state-owned equity transfer procedures, and the relevant matters involve the prior approval of the state-owned assets supervision and management department and other relevant departments. There is uncertainty in the timing of department approval and approval. The company shares suspended since April 1, is expected to be suspended for no more than five trading days. ...[Details]

Actually want to change the actual controller? Gree suspended notice announcement screen! Who will pick up? Where is Dong Mingzhu going? Look at the four big guesses

According to the announcement of the Shenzhen Stock Exchange, Gree Electric (000651) plans to plan changes to control rights and temporarily suspend trading on April 1st. So, Who will pick stick? Dong Mingzhu what should go? The current market speculation is that management may realize the holding of Gree, but some analysts believe that it may be taken over by a higher level of state capital. ...[Details]

The company responded
Gree Electric: Gree Group is planning to transfer some of Gree Electric's equity held by the company may involve changes in company control

Gree Electric (000651) announced on the afternoon of April 1 that Gree Group is planning to transfer part of Gree Electric's equity held by the company, which may involve changes in the company's control. The specific trading plan for this matter is still under planning. The relevant transaction transferee should be determined after fulfilling the relevant state-owned equity transfer procedures, and the relevant matters involve the prior approval of the state-owned assets supervision and management department and other relevant departments. There is uncertainty in the timing of department approval and approval. The company's stock will be suspended from April 1 and it is expected that the suspension will not exceed 5 trading days. ...[Details]

Gree Electric responded to changes in control rights: subject to the announcement

On April 1st, the plan for the suspension of control of Gree Electric Appliances (000651.SZ) was scheduled to be suspended today. Wang Jingdong, vice president and secretary of the board of directors of Gree Electric, told Tencent that the first line was subject to the announcement. He also said that an announcement will be issued soon. ...[Details]

Gree Time of Miss Dong
Dong Mingzhu re-launched the goal of 600 billion yuan. Gree invested 10 billion yuan and the United States to eat ice wash

Recently, Gree has invested heavily in building an industrial park in Luoyang. This is the second ice-washing industrial park opened after the start of the first washing machine production base in Chengdu two months ago. It is reported that the project is called Luoyang Gree Washing Machine and Jinghong Refrigerator Production Base Project. The total investment is about 5 billion yuan, with a total area of ​​about 1043 mu. It is mainly used for the production of Gree washing machines, dryers, Jinghong refrigerators and related products. After being fully completed and put into production, the annual output value will exceed 10 billion yuan, and the annual tax payment will exceed 400 million yuan. ...[Details]

Dong Mingzhu talks about giving employees a room: it is a return. It is not the condition that allows employees to stay.

Dong Mingzhu, who comes with “self-contained traffic”, is the focus of media attention. The 26th is the first day of the Boao Forum for Asia 2019 Annual Meeting. The sub-forum “70 years and 40 years of memory: entering the new era of China” attended by the chairman of Gree Electric Appliances Dong Mingzhu has attracted the attention of many media. When the media quota in the venue was full, the reporters still lined up a long queue outside the venue and waited hard. Dong Mingzhu also "respected the expectations" and responded to the hot topics such as "dividing rooms for employees" in the forum. ...[Details]

Dong Mingzhu responded with Lei Jun’s “1 billion gambling bureau”: I did not go to Lei Jun to ask for money.

On March 26th, at the 2019 Boao Forum for Asia, Gree Electric's chairman and president Dong Mingzhu was asked about the 1 billion gambling gamble with Lei Jun. She responded that she did not go to Lei Jun to ask for money. ...[Details]

Dong Mingzhu was "besieged" after "baking" Chinese cars. Dongfeng and the Great Wall advised her to be awe

Recently, Chairman of the Gree Board of Directors Dong Mingzhu was a guest of CCTV's "Dialogue" program, which mentioned that "China's cars are a bit sloppy," mainly because "because its precision is not enough, without precision molds, it can't be so delicate, run-in, match There is a gap." ...[Details]

Dong Mingzhu opened the store name "Dong Mingzhu's shop": 10 people bought my things

On the afternoon of March 9, Dong Mingzhu, deputy of the National People's Congress and chairman of Zhuhai Gree Electric Co., Ltd., demonstrated to the Beijing Youth Daily reporter the micro store he opened. The name of the store was “Dong Mingzhu’s shop”. Dong Mingzhu told reporters that the micro store is on the platform of Gree Mall. At present, a total of 90,000 employees have opened micro stores here. ...[Details]

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