Ginwa Enterprise (Group) Inc(600080) welcome the new chairman. Is the infighting over?

the change of Ginwa Enterprise (Group) Inc(600080) is related to “sexual harassment”.

On February 23, Ginwa Enterprise (Group) Inc(600080) announced that Zhang Chaoyang, chairman of the company, resigned as chairman of the company due to work needs and continued to serve as a director of the company after his resignation; At the same time, Xing Yajiang was elected chairman of the company.

As of the closing on February 23, Ginwa Enterprise (Group) Inc(600080) shares closed at 8.09 yuan / share, up 2.15%.

change of command or related to “sexual harassment”

It is noteworthy that the change of Ginwa Enterprise (Group) Inc(600080) is not only the result of factional struggle within the company, but also related to the “sexual harassment” of the female secretary of former chairman Zhang Chaoyang.

From August 19 to 21, 2020, Ginwa Enterprise (Group) Inc(600080) chairman Zhang Chaoyang forcibly hugged his female secretary during his business trip. Once the matter was exposed, Ginwa Enterprise (Group) Inc(600080) quickly became the center of public opinion.

Subsequently, the Secretary reported to the leadership after returning to the company and applied for labor and personnel dispute arbitration.

According to the ruling, “after the trial, it was found that the applicant went on a business trip with the chairman Zhang Chaoyang… Zhang Chaoyang hugged the applicant in the hotel room, and the applicant broke free and ran out of the room.”

In Ginwa Enterprise (Group) Inc(600080) , for the female secretary of the “sexual harassment” of the chairman of the board, the secretary is arranged to take paid leave and come back to work after Zhang Chaoyang resigns. Even in the event of such “sexual harassment”, Zhang Chaoyang still sits firmly as the chairman of Ginwa Enterprise (Group) Inc(600080) .

Since October 2021, the Secretary has been suspended from paying wages and social security by the company. On February 23, 2022, he submitted his resignation to Ginwa Enterprise (Group) Inc(600080) and asked for salary and supplementary social security through labor arbitration. However, the female secretary’s resignation application did not receive any reply from Ginwa Enterprise (Group) Inc(600080) .

The female secretary was “sexually harassed” by the chairman of the board and was suspended from paying wages and social security; However, the person involved has remained the chairman of the board for nearly two years, which may be one of the reasons why Zhang Chaoyang resigned as chairman of the board this time. However, after his resignation, Zhang Chaoyang will assume the position of vice chairman of the company, and the issue of “sexual harassment” of the female secretary seems to have been gently exposed.

the actual controller of internal bucket upgrade may change

Statistics show that Xing Yajiang, who was elected the new chairman of Ginwa Enterprise (Group) Inc(600080) this time, is the father of Xing boyue, the current largest shareholder of Ginwa Enterprise (Group) Inc(600080) . He is the chairman of western investment group and has previously served as a director of Ginwa Enterprise (Group) Inc(600080) .

Previously, the controlling shareholders’ equity of Ginwa Enterprise (Group) Inc(600080) changed due to the public auction of 66.8977 million shares of listed companies held by the former controlling shareholder Jinhua Investment Holding Group Co., Ltd. (hereinafter referred to as “Jinhua investment”) on the Taobao judicial auction network platform. Ginwa Enterprise (Group) Inc(600080) announced that the change of controlling shareholder’s equity will lead to the change of controlling shareholder and actual controller of the company, and the company will have no controlling shareholder and actual controller for the time being.

Subsequently, Ginwa Enterprise (Group) Inc(600080) received a regulatory letter from the Shanghai Stock Exchange, requiring the company to check whether the relevant matters such as the judicial auction of Jinhua investment shares have been fully disclosed, and explain whether there are potential arrangements or agreements that should be disclosed but not disclosed between the company, the largest shareholder, the original actual controller and the share winner.

Statistics show that Ginwa Enterprise (Group) Inc(600080) started with drug R & D, production and sales, and went public in June 1997. Its main business involves pharmaceutical industry, pharmaceutical commerce, hotel industry and other fields.

Behind Jinhua investment, the former controlling shareholder of Ginwa Enterprise (Group) Inc(600080) , is Wu Yijian, the richest man in Shaanxi. Wu Yijian is also the actual controller of Ginwa Enterprise (Group) Inc(600080) .

In June 2020, Ginwa Enterprise (Group) Inc(600080) controlling shareholder Jinhua investment held 43.53 million non tradable shares, which were auctioned by the judiciary and taken over by Xing boyue, the son of Xing Yajiang, the actual controller of western investment. Western investment also became the second largest shareholder of the company with 11.64%.

After entering Ginwa Enterprise (Group) Inc(600080) through judicial auction, Xing boyue and the persons acting in concert started the “buy buy buy” all the way and continuously purchased the company’s shares in the secondary market. So far, Xing boyue, Du Ling, Yang Bei and Zhong Chunhua have acted in concert, with a joint shareholding of 25.35%.

If the fight between Jinhua investment and Western investment was still in the dark, the fight between the two sides was completely on the bright side after Xing boyue became the largest shareholder of Ginwa Enterprise (Group) Inc(600080) . When this curtain is lifted, it is the case of “sexual harassment” of the female secretary mentioned above.

According to the ruling, when the female secretary repeatedly asked why the salary was suspended, the reply was: “due to the internal struggle of the company, communication is ongoing, but the communication has been unsuccessful.”

Previously, Ginwa Enterprise (Group) Inc(600080) announced that when the company’s operation is stable, Jinhua investment is still the controlling shareholder of the listed company and Wu Yijian is still the actual controller of the listed company, Xing boyue and those acting in concert will not take the initiative to seek control of the listed company.

At present, Jinhua investment and Wu Yijian have become a thing of the past, and Xing boyue and Western investment may become Ginwa Enterprise (Group) Inc(600080) new controlling shareholders and actual controllers.

management reshuffle

After Xing boyue became the largest shareholder of Ginwa Enterprise (Group) Inc(600080) , the corresponding management of the company also ushered in a reshuffle.

In addition to Xing boyue’s father Xing Yajiang being elected chairman of the company, Ginwa Enterprise (Group) Inc(600080) recently, there have been a series of changes at the high level of directors and supervisors.

According to the announcement, Xing boyue, song Yanping and Chen Xueyan served as the deputy general manager of the company, and Ju Yajuan was the chief financial officer of the company. Among them, Xing boyue, song Yanping and Chen Xueyan are all from western investment group.

In addition, Xing boyue nominated Zhao Ge and Yike as candidates for the ninth independent director of the company, and nominated himself and Wang Xing as candidates for the ninth director of the company.

February 22 Ginwa Enterprise (Group) Inc(600080) announced that on March 4, the company will hold the first extraordinary general meeting of shareholders in 2022 to consider the above matters.

At present, the board of directors of Ginwa Enterprise (Group) Inc(600080) is composed of seven people. After the addition of directors, the number of the board of directors of the company will reach 9, of which Xing boyue will account for more than half.

As for the change of Ginwa Enterprise (Group) Inc(600080) commander and the change of actual controller, this newspaper has sent an interview letter to the enterprise. As of the press time, it has not replied yet.

- Advertisment -