The Hertz Group Has Been Asked By The Shenzhen Stock Exchange To Explain Whether The Alleged "Flicker" Restructuring Has Attracted Widespread Market Attention.

A notice issued by hermen group Limited by Share Ltd (002536.SZ, hereafter referred to as Herme group) issued a notice in April 2nd, which made the company's share price collapse in the afternoon, causing widespread concern in the market.

On the same day, Herme group released the notice on receiving the notice of the Tianjin Dino Cci Capital Ltd to terminate the planning of major asset reorganization. It said that it received the notice of termination of the Tianjin Dino Cci Capital Ltd (hereinafter referred to as "Dino investment"). Since the core trading conditions of Hanqiao Machinery Factory Co., Ltd., Wang Lei, Tianjin Dino Cci Capital Ltd and Shenzhen Herme group Limited by Share Ltd on the pfer agreement of Shenzhen Herme group (hereinafter referred to as the "share pfer agreement") failed to meet and reach agreement, the dino investment decided to terminate the "share pfer agreement" unilaterally in March 1, 2019.

The above announcement also indicates that the merger and absorption agreement between Limited by Share Ltd and heroes of Shenzhen Herme group, which was signed in March 1, 2019 by Herme group and hero mutual entertainment Polytron Technologies Inc (430127.OC, hereinafter referred to as "hero mutual entertainment"), was automatically terminated.

Affected by this news, the opening of A shares in April 2nd afternoon, the Herme group's share price suddenly collapsed.

At the close, the stock price closed at 14.97 yuan / share.

For the reason why the company terminated asset restructuring and the company's share price suddenly collapsed, the Economic Observer network reporter called the Herme group in April 2nd, but as of press time, he has not yet received the reply from the other side.

According to the Economic Observer network reporter, Herman group and hero mutual entertainment restructuring should start from March 4th this year.

On the same day, Herme group disclosed that the issue of shares to absorb the merger of heroes and mutual entertainment Polytron Technologies Inc and related pactions plan, intends to hero mutual entertainment shares issued by all shareholders to absorb the merger hero mutual entertainment, constitute a major asset restructuring and listing.

Public information shows that the hero's mutual entertainment was once referred to as the new third board "the first competitive electricity market". The company is the largest Internet Co in Shaanxi, the largest private enterprise in Yanan, and the key supporting listed company in Yanan.

In addition, the board of directors of the company includes Wang Zhongjun and Wang Zhonglei from 300027.SZ, hereinafter referred to as Huayi Brothers, Huaxing capital CEO package, and global executive partner Shen Napeng and others, once attracted much market attention.

To this end, in March 11th, the Shenzhen stock exchange sent a consultation letter to Herme group.

In March 28th, Herme group disclosed the reply announcement on the Shenzhen stock exchange's inquiry letter to the company's reorganization, saying that as of the reply date, the reorganization project was progressing smoothly.

Here, Herme group share price once from 5 yuan / share, after a number of continuous trading boards, the highest price to 22.41 yuan / share.

As Herme group disclosed its termination in April 2nd, in April 2nd, the Shenzhen stock exchange sent a letter to Herme group again.

For Herme group's announcement in March 28th, the restructuring project was progressing smoothly. In April 2nd, it said that the share pfer agreement was terminated. The Shenzhen Stock Exchange asked Herme group to check whether there was any false record or misleading statement, whether it fully disclosed the risk of the termination of the reorganization, and whether it was involved in the "flicker" restructuring.

In addition, the Shenzhen Stock Exchange also asked Herme group to explain in detail the specific circumstances that did not meet the core trading conditions of the share pfer agreement.