Three Squirrels' 6 subsidiaries have dropped sharply: over-reliance on online channels

　　On December 12, the China Securities Regulatory Commission issued an announcement stating that in view of the fact that there are still relevant matters that need further verification by Three Squirrels Co., Ltd., it decided to cancel the review of the company's issuance application documents. It was originally planned to be reviewed on December 13, but a sudden change occurred on the eve of the review. Three Squirrels are also the company that has cancelled the review of IPO applications since the establishment of the new Issuance and Audit Committee.

　　Yesterday, a reporter from the Yangtze Business Daily contacted relevant personnel from the Three Squirrels, and the other party said that he was in a period of silence and could not respond. However, the reporter compared the prospectus updated in March and October and found that the Three Squirrels canceled the betting agreement. At the same time, among the six subsidiaries of Three Squirrels, two of the net profits dropped sharply in the first half of the year, and these two companies represent their "corporate image".

　　The review was "cancelled", and the IPO "kicked" in the last minute

　　As a well-known "Internet celebrity" casual snack company, Three Squirrels is working tirelessly on the road to IPO sprint, and its IPO process has also attracted much attention from the market.

　　On December 12, the China Securities Regulatory Commission issued an announcement stating that in view of the fact that there are still relevant matters that need further verification by Three Squirrels Co., Ltd., it decided to cancel the review of the company's issuance application documents at the 72nd Issuance and Audit Committee meeting of the 17th Issuance and Audit Committee. Shenzhen Mingyang Circuit and Zhejiang Hengqiang Technology, which were originally scheduled to attend the meeting at the same time as Three Squirrels on the 13th, will be reviewed normally. (Source: Yangtze Business Daily)

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