On February 18, Wuliangye Yibin Co.Ltd(000858) guanxuan officially changed his command! Chairman Li Shuguang announced his resignation and Zeng Congqin took over.
On February 18, the website of Yibin Municipal People’s government issued a series of notices on the appointment and removal of Zeng Congqin and others, appointing Zeng Congqin as the chairman of Yibin Wuliangye Yibin Co.Ltd(000858) Group Co., Ltd. and removing Li Shuguang from the post of chairman of Yibin Wuliangye Yibin Co.Ltd(000858) Group Co., Ltd; Recommend Zou Tao as the general manager of Yibin Wuliangye Yibin Co.Ltd(000858) Group Co., Ltd. and nominate Zeng Congqin to be removed from the post of general manager of Yibin Wuliangye Yibin Co.Ltd(000858) Group Co., Ltd; Jiang Wenge is recommended as Wuliangye Yibin Co.Ltd(000858) general manager and Zou Tao is nominated to be removed from the post of Wuliangye Yibin Co.Ltd(000858) general manager.
Subsequently, Wuliangye Yibin Co.Ltd(000858) official microblog also forwarded the personnel appointment and removal notice.
Meanwhile, on February 18, Wuliangye Yibin Co.Ltd(000858) also announced that on that day, the listed company had received relevant documents from Yibin municipal Party committee of the Communist Party of China; At the same time, we received the written resignation report submitted by director Li Shuguang, vice chairman Zou Tao and general manager. Due to job changes, Li Shuguang applied for resignation from the director of Wuliangye Yibin Co.Ltd(000858) joint stock company and relevant special committees under the board of directors, and Zou Tao applied for resignation from the director, vice chairman and general manager of the joint stock company.
After resignation, Li Shuguang and Zou Tao will no longer hold other positions in Wuliangye Yibin Co.Ltd(000858) joint stock company. And Wuliangye Yibin Co.Ltd(000858) also gave them high evaluation. Wuliangye Yibin Co.Ltd(000858) said in the announcement that Li Shuguang and Zou Tao fulfilled their duties and responsibilities during their tenure in the company, and had the courage to innovate and deepen reform in strategic planning, production and operation, marketing and other aspects, making significant contributions and outstanding achievements to the development of the company.
According to public information, Zeng Congqin, born in June 1968, is an on-the-job doctoral student. He has successively served as director of Yibin municipal resource development office, director of Yibin Municipal Price Bureau and director of Yibin Municipal Energy Bureau. In September 2019, he served as Deputy Secretary of the Party committee of Wuliangye Yibin Co.Ltd(000858) group company and Deputy Secretary of the Party committee of Wuliangye Yibin Co.Ltd(000858) joint stock company.
According to the Research Report of Huachuang securities, Wuliangye Yibin Co.Ltd(000858) after the personnel of the management team is determined, there are potential catalysts such as the rebound of bid price, the acceleration of equity incentive and performance expectation. At present, the pessimistic expectation of the market for the company’s short-term operation has been priced, and the valuation has been excessively discounted. The core is the growth certainty brought by the dominance of the price of 1000 yuan. It is suggested to increase the contrarian layout.
