(Beijing Comprehensive News) China Fintech Giant Enterprise Ant Group announced major changes on Saturday (January 7). The founder Ma Yun will no longer control the group in order to seek a large -scale listing of large -scale listing with the group two years ago.The Chinese regulatory agency targets thorough cutting.
According to Reuters, in November 2020, the first public offering (IPO) of Ant Group's first public offering (IPO) was stopped at the last moment of the first public offering (IPO) of Ant Group.Specifications on the control of Ant Group.
Jack Ma gives up control or delays the ants listing timetable
Although some analysts believe that Jack Ma's abandonment of control can restart the obstacles of the Ant Group, but the listing supervision stipulates that the above changes may be further delayed to the listing timetable.
China's domestic A -share market requires companies to wait for three years after the control of control is changed.The Shanghai Stock Exchange's science and technology board requires the waiting time for two years, and the Hong Kong Exchange is one year.
According to the listing prospectus submitted by Ant Group in 2020, Ma Yun, the founder of Alibaba Group, only owns 10%of the Ant Group of the Ant Group of the Group, and controls Hangzhou Junhan, two physical companies controlled by Hangzhou Yunblati and the other two physical companies controlled by it.With Hangzhou Junao, Ma Yun held a total of 53.46%of Ant Group.Jack Ma is therefore the actual controller of Ant Group.
Ant Group announced on the official website to announce the right to voting the main shareholders on the official website. Ma Yun and nine other major shareholders have agreed to independently exercise their share voting rights.This adjustment will not cause the economic interests of Ant Group's shareholders and related beneficiaries.
According to Reuters, Ma Yun had previously owned more than 50%of the voting rights in Ant Group. This adjustment means that his voting right will drop to 6.2%.
Ant Group said in the announcement that the group will introduce the fifth independent director to achieve more than half of the independent directors in the board of directors.At present, four of the eight directors of the Group's board of directors (half of the directors of the group have reached half).After this adjustment is completed, there will no longer be any direct or indirect shareholders' single or joint control of Ant Group.
The Wall Street Journal quoted anonymous sources in July 2022 that Ma Yun may transfer some voting rights to the executives of Ant Group, such as CEO Jing Xiandong, to abandon control.
Reuters reported in April 2021 that Ant Group was exploring the plan to let Ma Yun strip out his shares in Ant Group and abandon control.Baba has been clarifying each other's business and seeking new businesses.
Ant Group said on Saturday that the relevant management members of the Ant Group no longer served as Alibaba partners, further enhance the transparency and effectiveness of corporate governance, strengthen the separation with the shareholder Alibaba Group, and confirm the changes in last year.Alibaba announced in July of the 2022 annual report in July last year that the management of Ant Group no longer served as Alibaba partners.
Jack Ma publicly criticized the Chinese regulatory agency in 2020 and caused the Ant Group's listing plan to be stranded, and faded out of people's vision.Earlier reports said that he lived in Japan, but according to Thai ethnic reports, Ma Yun appeared in the Bangkok Muay Thai Museum on Thursday (5th).Bangkok Michelin snack bar Jay Fai Friday (6th) also posted photos of Ma Yun and owners in the social media Instagram post.
