Happy inspect a net to retreat city schedule not to decide, the happy Dong Bi that inspect a net: No

On April 9, happy inspect a net (300104) hold in Beijing 2019 for the first time temporarily shareholder plenary meeting, liu Shuqing of the happy president that inspect a net, trustee holds Chen Hao of general manager Zhang Wei, trustee, Dong Bi concurrently Bai Bing is attended.

The spot has investor to allude the happy time-out that inspect a net returns city and the case that return city, white ice of the happy Dong Bi that inspect a net expresses, happy in the 2018 annals that if be released this year,inspects a net, body reveals net assets to be negative, perhaps be published continuously cannot express an opinion, accord with card inspect to meet or bourse is corresponding and regular, accord with time-out to appear on the market conditional word, bourse has authority to be opposite happy inspect a net to undertake suspensive appearing on the market handling.

According to bourse appear on the market regular, if happy after inspecting a net to be in one year, or longer time place accords with the standard that removes city, so happy inspect a net to will be carried out to retreat city processing by bourse.

"But we do not have method to give out this specific timetable, thing is certain happen or won't happen necessarily, we are warning investor all the time the corresponding risk of this one item. To this thing we do not do what did not come to anticipate. " Bai Bing says.

Happy inspect a net to be suspended appearing on the market in the existence before this express in the suggestive announcement of the risk, attributive company possessory rights and interests predicts 2018 year to lose. If the 2018 year after classics audit put in Mu Jing asset 's charge to be,lose, company stock will be appeared on the market by time-out; If 2019 year audit reports of company reach annals to was not satisfied " do poineering work board the stock appears on the market regular " formulary refreshment appears on the market condition, company stock existence is enforced to end the venture that appear on the market.

This is meant, happy inspect a net the net assets big probability of vest in parent company was 2018 negative, may be asked to suspend appearing on the market by bourse this year.

Nevertheless, still gave the happy period of time that inspect a net to breath 2019 period, if happy inspect a net to satisfy " do poineering work board the stock appears on the market regular " in the requirement that restores to appear on the market, so happy inspect a net to be able to apply for to restore to appear on the market to bourse. If be in 2019, profit of the happy net that inspect a net or it is period end net assets still is negative worth, so bourse has authority to stop its stock to trade appear on the market, this is meant happy inspect a net to will retreat city finally.

Zhang Wei of the happy general manager that inspect a net emphasizes to insurgent journalist, appear on the market the company is nonexistent use Le Rong to send new adjustment the case that appraise value will come to to affect a stock to be suspended appearing on the market.

Zhang Wei says, appeared on the market 2019 the management plan of the company, can be in already some appearing on the market on company business base, continue to maintain appear on the market of the company each are managed, business includes member business, ad business with etc marketing of a few copyright.

Zhang Wei introduces, up to on December 31, 2018, appear on the market inside company amalgamative limits, without audit flow is in debt and be not flow indebted amount is in 12 billion yuan or so probably, appear on the market the company still is faced with tremendous expire the circumstance that debt cannot repay, countervail debt pressure is very great.

Investor asks about happy the condition that inspects a net to demand repayment to large stockholder Gu Yueting, white ice of the happy Dong Bi that inspect a net expresses, be in all the time and correlation just negotiates debt solution, "We never had abandoned preferential return debt with cash countervail, and wait for capital pay a debt in kind or by labor with FF, this is our manner. This is our manner..

Nevertheless, zhang Wei also expresses, the equity that use FF goes pay a debt in kind or by labour still is in discussion level at present, do not have the plan of substantive be born.

Refer is happy inspect a net 2 partner be in harmony is achieved right happy the influence that inspects a net, the happy Dong Bi that inspect a net puts a response on the ice to say in vain:

Bai Bing points out, it is happy that at present be in harmony is achieved the 2nd large stockholder that inspects a net, and happy inspect what happen between the net is all those who trade give according to relevant provision careful make peace has been announced, happy 2018 inspect a net to predict to put in Mu Jing asset and profit of net putting in a mother 's charge 's charge to be negative, because,basically be company from square receivable money decreases correlation since 2017 the value is greater, and the income that cash shedding damage causes considerably atrophy causes, nonexistent be in harmony is achieved draw out sky is happy the condition that inspects a net.

After the Spring Festival passes, happy inspect problem of square debt of net and Gu Yueting and its correlation to still do not have progress.

On Feburary 13 evening, the happy announcement that inspect a net says, appear on the market condition of backwater of sink of processing of problem of square debt of company and large stockholder and its correlation, the company currently holds the post oflayer of board of directors, management to want to continue to face problem of a lot of history to cannot get settlement, because cash flows extreme nervousness to initiate much debt break a contact,be faced with at the same time, then passivity should be mixed to a lot of lawsuit cannot short-term inside the court decision that implement, afore-mentioned problems matter to circumstance of company future net assets to reach live and develop.

Happy inspect a net to say, le Rong is sent new after bringing into amalgamative limits no longer, via preliminary count, up to now, appear on the market company amalgamative limits reachs his to large stockholder associated square receivable money makes an appointment with 2.84 billion yuan.

And the happy oneself that inspect a net also is faced with huge debt dimensions. According to announcement, up to on September 30, 2018, appear on the market the company deals with bill to reach inside limits of amalgamative forms for reporting statistics handle Zhang money 5.191 billion yuan, basically owe to handle supplier and service trade. Among them, appear on the market the company grows short-term loan inside limits of amalgamative forms for reporting statistics in all 2.469 billion yuan, other due and blame flow expires to be in debt inside a year in all 2.386 billion yuan, other flow is indebted 2.743 billion yuan, basically wait for financial orgnaization loan have breath is indebted.

Happy inspect a net to say, company presence cannot repay Tianjin Jia Rui November 2017 loan principal and interest 1.315 billion yuan (quits already 30 million yuan) risk; Up to December 2018, already loan of orgnaization of finance of exceed the time limit kind debt makes an appointment with 1.987 billion yuan (the peaceful in containing be in harmony to achieve estate Dai Le to inspect net pay for sb and expect to be repaid later is achieved be filled with principal and interest of loan of principal and interest 1.914 billion yuan) .

Come before this one many year, happy inspect a net for many times announcement says to communicating debt to solve a problem with large stockholder, even for a time Gu Yueting of propaganda to the enemy at the front line with FF equity pay a debt in kind or by labour, but apparent and current solution of associated debt problem receives block definitely. According to announcement, debt processing receives block main body did not reach cash to repay now plan, did not manage program of pay a debt in kind or by labour of as a way of, cannot alleviate appear on the market debenture Wu pressure.

And the ground is happy inspect a net the 2018 year outstanding achievement that releases before this is premonitory show, annual appeared on the market 2018 deficit of company management sex is 2.5 billion yuan about, vest in appears on the market the net gain of company shareholder reachs 610 million yuan 600 million yuan for deficit, go up year of the corresponding period for deficit 13.8 billion yuan. Happy inspect a net to say, if via the company after audit annual net assets was 2018,lose, company presence stock is appeared on the market by time-out risk.

In addition, the happy share inspecting a net of Gu Yueting hold still is diminishing. According to announcement, up to on Feburary 12, gu Yueting hold is happy inspect a net 947 million, 23.74% what hold company total capital stock, among them 859 million already impawn, 21.54% what hold company total capital stock; Its place hold is happy inspect a net 946 million by Beijing the judicial department such as court of the 3rd intermediate people is frozen, annulus await freeze. What Gu Yueting holds share relatively accumulative total reduced 77.18 million on June 30, 2018, according to Gu Yueting respect the mail before this replies, its are dealt with by judicatory share is used at Wu of countervail repay a debt.