01
The first level.
Understanding it literally.
According to the disclosure from the National Enterprise Credit Information Publicity System, the shareholders of Suning Holdings Group, Zhang Jindong, Zhang Kangyang, and Nanjing Runxian Enterprise Management Center (Limited Partnership), have pledged all the company's equity to Taobao (China) Software Co., Ltd.
Oh no, Zhang Jindong has mortgaged Suning to Alibaba.
02
Second layer.
Don't panic.
Suning Holdings, Suning.com, Suning Group, and Suning Electric are not the same thing.
What investors need to pay attention to is the listed company 'Suning.com'. The aforementioned is Suning Holdings.
Suning.com was established in 1996, formally known as Suning.com Group Co., Ltd., and was listed on the SME board of the Shenzhen Stock Exchange in 2004.
This company has used several different names, namely: Suning Appliance, G Suning, Suning Appliance, Suning Cloud Business, and is now called Suning.com.
On November 13, the latest third-quarter Earnings Reports of Suning.com revealed that its four largest Shareholders are: Zhang Jindong (20.96%), Suning Appliance (19.99%), Taobao China (19.99%), and Suning Holdings (3.98%).
Attention, a new Suning Appliance has emerged.
Suning Appliance is not publicly listed, but Suning.com and Suning Properties are consolidated under this company.
So let's organize according to size, that is:
Suning Appliance - Grandfather, Suning.com (listed company) - Father, Suning Holdings - Grandson.
The current situation is that all shares of Suning Holdings, this grandson, have been mortgaged to Taobao China.
In the front...