Core Viewpoint - The company, San Zhi Yang Group, has officially denied rumors regarding a shell listing, clarifying that the speculation was based on a business collaboration rather than any form of public offering or listing [3][4][12]. Group 1: Official Statement - On February 26, San Zhi Yang Group issued a statement denying any plans for a shell listing, IPO, or overall listing as of the date of the announcement [4][5]. - The company explained that the rumors stemmed from a partnership with Rich Sparkle, which acquired a stake in a company co-founded by San Zhi Yang and TikTok influencer Khaby Lame [7][9]. - The statement warned against fraudulent activities, asserting that the company has not authorized any fundraising or stock sales under the guise of a listing [5][12]. - San Zhi Yang Group intends to pursue legal action against those spreading false information [5][12]. Group 2: Background of the Rumors - The rumors of a shell listing were fueled by Rich Sparkle's acquisition of Step Distinctive, a company in which San Zhi Yang holds a 13% stake [7][9]. - The acquisition was valued at approximately $975 million, equivalent to about 6.77 billion RMB, with Rich Sparkle issuing around 75 million new shares as payment [9]. - Legal experts clarified that this transaction does not constitute a shell listing for San Zhi Yang but rather a strategic partnership for international expansion [7][9]. Group 3: Business Expansion and Strategy - San Zhi Yang has been actively expanding its overseas operations, establishing a presence in Southeast Asia and planning to enter the Brazilian market [10]. - The collaboration with Khaby Lame is part of a broader strategy to leverage successful domestic e-commerce practices in international markets [10]. - The company has faced challenges, including a significant decline in its talent pool and a drop in sales performance following a previous scandal [14][17]. Group 4: Market Reaction and Future Outlook - Following the denial of the shell listing rumors, the company's stock experienced a significant decline, reflecting market skepticism about its future prospects [17]. - The company is attempting to navigate a transition away from its previous reliance on its founder, who has not publicly returned since a prior controversy [14][17]. - The effectiveness of San Zhi Yang's strategy to regain market position and consumer trust remains to be seen [17].
三只羊紧急辟谣:“借壳上市成功”为不实信息
Sou Hu Cai Jing·2026-02-27 05:33