What is the restructuring of Kainuo Technology? Whether Kainuo Technology is an initial listing or a

Kainuo Technology was suspended to discuss a major restructuring.

Date: 2009-6-16 22:22:

00 China Securities Network News Kainuo Technology (600398) announced that the company's controlling shareholder Jiangyin Third Worsted Wool Textile is discussing the company's major asset restructuring, due to the major uncertainty of this transaction, in order to prevent the company's abnormal fluctuations and effectively safeguard the interests of the majority of investors, the company will be suspended from June 17, 2009.

The company intends to convene a board of directors to review the material assets restructuring plan within 30 days after the publication of this announcement in accordance with the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and other relevant regulations, and the independent financial adviser will issue a verification opinion. The company will resume trading after the company discloses the material asset restructuring plan. If the company fails to convene the board of directors to review the material asset restructuring plan within the above time limit, the company will resume trading on July 17, 2009, and the company will no longer plan for major asset restructuring within 3 months after the resumption of trading.

The plan has not yet come out.

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Kainuo Technology was suspended to discuss a major restructuring.

It is a backdoor listing.

Heilan Home completed the backdoor listing of Kainuo Technology. Kainuo Technology announced on April 11, 2014 that the company's name "Kainuo Technology Co., Ltd." was changed to "Heilan Home Co., Ltd."

After the company's application and the approval of the Shanghai ** Stock Exchange, since April 11, 2014, the company's ** abbreviation has been changed from "Kainuo Technology" to "Heilan Home", and the **** "600398" remains unchanged. As of April 10, its total market value was close to 45 billion yuan.

According to the report of the institutional research group, the future performance increment of Heilan Home will come from the increase in the penetration rate of non-East China regions. Judging from the main assumptions of Heilan Home's revenue in the backdoor plan, the company is relatively conservative about the "ceiling" of the number of stores, and there is still room for incremental profits.

Kainuo Technology announced that it received the "Reply on Approving the Issuance of Shares to Heilan Group to Purchase Assets", and signed the "Supplementary Agreement to the Agreement on Issuing Shares to Purchase Assets", within 30 working days from the effective date of the agreement, Heilan Group and other seven parties will transfer their respective shares of Heilan Home to the name of Kainuo Technology, and complete the issuance of shares by Kainuo Technology to Heilan Group and other seven parties within 30 working days from the date of the transfer of the equity of Heilan Home to the name of Kainuo Technology.

It is a backdoor listing.