Interview with go COO Peng Xiaomei ctrip statement not true

　　On June 4, go COO Peng Xiaomei ctrip issued a statement exclusive to Sina science and technology said that ctrip company statement did not correspond to reality, where networks and ctrip does not sign a confidentiality agreement.

　　

 

　　Go COO Peng Xiaomei

　　Peng Xiaomei said to join merger truth only as one-that we disclosed in the earnings, ctrip active offer, we rejected in writing, "reporting is a legal instrument, its statement of facts must be true and valid. Secondly, where net earnings to disclose the merger is based on compliance with United States securities laws. "

　　On June 1, where network announced first quarter of 2015, disclose the following information in the results: "on May 8, 2015, we received Ctrip.com International Ltd (c) unsolicited takeover offer of all our shares. After careful consideration, our June 1 rejected the offer in writing. "

　　Two days later. Ctrip company issued a statement saying: in May this year, where under contact ctrip for its willingness to invest, ctrip to where the Board issued a report containing confidential provisions and is not legally binding preliminary bid, expressed may be interested to buy where. C this week received written notice where rejected the proposal, and expressed the hope that negotiations on the issue further with ctrip. Where recent performance and corporate behaviour, ctrip is no longer its continued interest in exploring possible investment opportunities.

　　Following is a response to these problems, Peng Xiaomei accepted Sina science and technology exclusive interview video:

　　SINA science and technology: how to join merger truth? why choose where net earnings disclosure of merger and acquisition?

　　Peng: first clear fact to join merger truth only as one-that we disclosed in the earnings, ctrip active offer, we rejected in writing.

　　As we all know, earnings are equipped with legal instruments, the statement of facts must be true and valid. China in the era of Internet how to beyond the

　　Secondly, where net earnings to disclose the merger is based on compliance with United States securities law requirements.

　　As announced in the report: we're going to do public offerings. In accordance with United States provisions of securities law, public offerings, they must disclose significant matters. Disclosures received an offer, are necessary for public offering.

　　We are the law, related company please don't be overly sensitive, do too much without real explanation.

　　SINA technology: what your statement to ctrip, responding? where network violates a confidentiality agreement?

　　Peng: ctrip company statement did not correspond to reality, where networks and ctrip does not sign a confidentiality agreement.

　　In fact, any where network approached an offer in advance to sign confidentiality agreements. If c had signed a confidentiality agreement, it is recommended that open.

　　Where always believe that good corporate governance is a necessary condition for a successful public company. Also thanks to the investors in our listing, where the support and trust. In future, we will, as always, in accordance with the United States securities laws require timely and accurate disclosure of company information to the capital markets.