Suning Tescue requested a shareholder meeting for the company's management layers to sell 131,647 million shares of Alibaba.of
As of the announcement date, the company's shares totaled $ 1,862.7 million and an amount of profit of approximately 5,205 million RMB. After Stock Market, Suning Tesco Ali shares a staggering gain of 14.1 million yuan. At the same time, Ali has lost more than 9 million.
Suning has accumulated a net profit of 14.1 million yuan
On November 14, 2017 Suning announced that it would aim to reduce the growth of 5.5 billion shares of Alibaba over the next three months. On December 4, the company announced that the general meeting of shareholders exceeded that plan, and seven days later, Suning ended the reduction. After the previous sale, Suning Yunshang will have Alibaba Group 20,824,700 shares, accounting for 0.81% of all Ali shares.
Last year, Suning sold Ali's 3.25 billion net profit, which is a large number of Suning. According to the 2017 financial report published by Suning in March 2013, net profit for 2014, 2014, 2015 and 2016 was 372 million yuan, 861 million yuan, 873 million yuan and 704 million yuan respectively. For example, Ali sold it to Suning. Share profits exceeds the net profit of four years.
Suning Tescoke announced on July 7 the annual forecast for the year 2018. The net profit on listed companies is 596,223,700 RMB 606,223,700 RMB, up 1945.39% -1979.70 compared to the same period of the previous year.
Operational correction reasons: Alibaba shares of the group are on sale. The total amount of the shares sold is not expected at more than 7.66 million shares, with only 0.30% of Alibaba Group shares, and the specific sale sales are made in accordance with the investment agreement. On May 31, 2018, the sale of the stock exchange was completed through the New York Stock Exchange, which sold $ 1,504 million for sale price sale. The transaction aims to achieve a net profit of 5,601 million RMB (RMB exchange rate based on day-to-day sales).
This time, Suning Tesco cleared Ali's shares and accumulated net profit of 14.1 million yuan.
Ali Buy Suning's estate continues to lose money
According to public information, in August 2015, Suning and Alibaba collaborated. Alibaba subsidiary was subscribed to Suning's non-public offer, and the equity ratio was 19.99% of all shares, after public offering, Suning overcame the entire territory. Alibaba subsidiary invested in new shares, 1.04%.
At that time, Ali Suning became the second largest shareholder, only Zhang Jindong's second tranches, and Taobao spent 28,233 million yuan.
The public offering of Suning Yunshang was not 15.17 yuan / share and TaoBo was subscribed to 1,836 million shares. However, this investment has been a loss of profit of more than 6 million yuan. On 31st December 2018, the price of Suning Tescaro closed at 9.85 yuan, and Ali's loss was more than 9 million.