Why did Shentong Dayun quit the beehive?

1On the evening of April 6, Dayun Co., Ltd. (002 120) announced that it and its wholly-owned subsidiaries, Ningbo Meishan Bonded Port Fushan Investment Co., Ltd. and Shanghai Yunyun Investment Management Co., Ltd., intend to transfer 3.47% equity of Honeycomb Technology/kloc-0 to Shenzhen Roewe, with a total equity transfer price of12.6544.

At the same time, Shentong Express (002468) announced that Shentong Express Co., Ltd., a wholly-owned subsidiary of the company, signed an equity transfer agreement on June 14 to transfer its 9.09% equity of Honeycomb Technology to Shenzhen Roewe at a transfer price of 8190,000 yuan.

After the transaction is completed, Shentong and Dayun no longer hold the equity of Honeycomb Technology.

At this point, the "Tongda Department" including ZTO Express has all withdrawn from "Honeycomb Box Technology".

According to industrial and commercial data, "Shenzhen Roewe" was established in September 17, and its controlling shareholder is Shenzhen Mingde Holding Development Co., Ltd., which is also the controlling shareholder of SF Holdings (002352).

Regarding the reasons for this transfer, Dayun and Shentong both stated in the announcement that in order to optimize the asset allocation structure and realize a reasonable investment income, it was "based on commercial considerations".

A source told the newspaper that Shentong and Dayun were forced to quit this time. "As the major shareholder of Honeycomb Box, SF Express has a very tough attitude on the issue of Tongda Express's shareholding in other companies, requiring Tongda Express to withdraw from the shares of Honeycomb Box."

At present, the hive box has not responded to this.

Source: Newspaper.