jackpotpoker| Shanghai Guijiu's 5.23% stake in Rock Shares held due to breach of pledge will be disposed of at a different price

[Global Network Consumption Comprehensive Report] May 16jackpotpoker, Rock Shares (Rights Protection)(600696) issued an announcement sayingjackpotpoker, its controlling shareholder Shanghai Guijiu Enterprise Development Co., Ltd. recently received the "Enforcement Order" from the Shanghai Financial Court, which will change the price to dispose of 17.5 million shares of company shares held by Shanghai Guijiu.

It is understood that Shanghai Guijiu previously pledged 17.5 million yuan of shares of the company it held to Tianjin Zhongcai Commercial Factoring Co., Ltd.(referred to as "Zhongcai Factoring"). After the stock pledge expired, Shanghai Guijiu had been actively negotiating with Zhongcai Factoring to resolve the above matters through replacement of pledged goods and other methods to avoid enforcement, but the two parties ultimately failed to reach an agreement.

According to previous announcements, on December 21, 2023, Shanghai Guijiu pledged its 17.5 million unsold shares of Rock shares to Tianjin Zhongcai Commercial Factoring Co., Ltd.

Guijiu Development and its concerted actions hold shares in the company 2jackpotpoker.20 million shares, accounting for 66% of the company's total share capitaljackpotpoker.99%。After this pledge, the cumulative number of shares pledged by Guijiu Development and its concerted parties was 17.5 million shares, accounting for 7.81% of the total shares of the company and 5.23% of the company's total share capital. The start date of this pledge is December 18, 2023, and the expiration date is March 4, 2024.

It is worth noting that before the equity pledge, Rock's share price had just experienced a sharp drop of nearly 30%.

A reporter from the World Wide Web saw at the Chengdu Spring Sugar Conference in March this year that a Shanghai expensive wine store located at the entrance of Chengdu Century City had been locked and closed. Some industry insiders lamented that this is the power of capital, which comes and goes in a hurry.