Mr. Coase was alleged to be the original vice-president of forged shareholder four times sued the issuer

Source: Internet
Author: User
Keywords Shareholder issuer
Tags company create district court financial financial weekly ipo name nothing
Coase Wood was accused of forging shareholder signatures, former vice president four times sued the issuer, Jingen denied Financial weekly IPO laboratory researcher Jinja/Wen "Coase Wood forged my signature, encroach on my shares, I will not stop," Lo Quannan said.  "Lo Quannan left the East Wu Dye, has signed the transfer of shares agreement, the name is his own signature," the issuer of the Wu Xianliang chairman of the president of the Jingen, the father of the current financial weekly reporter.  Just concluded a lawsuit jingen may not have thought, Lo Quannan and Li Wenming and other people are still in the dark, still not give up the idea of taking back their shares. Lo Quannan is Mr. Coase's predecessor, the Vice-President of the Great Toyo Ink, when the company was founded, he holds a 17% stake in Toyo.  Now, in Coase's prospectus, Lo Quannan is just a passer-by and clown who has had a lawsuit against the company, and he has nothing. Li Wenming's experience is similar to Lo Quannan, he was also the Vice-President of the big Toyo Ink, before his equity disappeared, he held 2% of the equity.  Today, Coase's prospectus, Li Wenming is just a passing traveler, the geese did not leave traces. The subject of the prosecution of the main Suzhou Wood Ink Co., Ltd., has been successful on January 18, to raise 175 million yuan to build ink projects.  Its controlling shareholder, the 33-year-old Wu Xianliang, 34-Year-old Yanhong brother and sister two have billions of dollars in the horizon.  Several years to cultivate once listing, equity from there to nothing, several happy several worries.  Forged signature of 17% shares of founder shareholders evaporated? The focus of the case is on the authenticity of the Lo Quannan signature. Lo Quannan sued the issuer for forged signatures, and Jingen firmly denied them.  Things to start from the 1994 Jingen to create the East Wu Dye said.  Coase Wood formerly known as the Great Oriental Ink Co., Ltd., was founded in January 2003; Big Toyo Ink is funded by the East Wu Dye, but the shareholder name is Jingen son Wu Xianliang (incumbent Coase Wood Chairman) and then a group of East Wu Dye executives.  Since Lo Quannan is the 1994 East Wu Dye was created Jingen from Shanghai to come to the technical vice president, the development of the East Wu has made a great contribution, so Lo Quannan in the Wu Xianliang shareholding 50%, he shares 17%, listed second, the contribution of 1.7 million yuan. Lo Quannan told the Financial weekly reporter, the establishment of great Toyo is Wu Xianliang Father Jingen idea. At the beginning of 2003, his son had just returned from studying abroad, his father wanted to register a company to let his son be responsible; At the same time, Jingen also let the East Wu dye some leadership in the form of dividends, and Wu Xianliang together to create large oriental ink.  At that time, Jingen is the director of Dong Wu dye. Therefore, in Lo Quannan view, he then 1.7 million yuan to invest in the big Toyo, is equivalent to their own in the East Wu dye multi-year work dividend accumulation, he deserved to enjoy the 17% equity.  But September 2004 Big Toyo Ink A shareholder meeting resolution, let should be in the entrepreneurial phase of the big Toyo Ink, into the shareholder change, equity concentration of the capital game link. Prospectus disclosed that the shareholders meeting decided to be bigToyo's registered capital reduced from 10 million yuan to 5 million yuan, Wu Xianliang, Lo Quannan, Sun Jieming and other 9 shareholders held by the large Toyo Ink All (part) of the stock by the large Oriental ink to 1 yuan/share price to be repurchase cancellation. After the money was cut, Wu Xianliang increased from 50% to 68%, and Lo Quannan from a shareholding of 17% to nothing.  As for the 1 yuan/share repurchase mentioned in the prospectus, Lo Quannan told the financial weekly reporter angrily: "I have never signed this resolution, and I have never received a 1.7 million yuan repurchase money, someone is forging my signature."  However, in the shareholder Li Wenming provided by the Jiangsu Provincial Administration for Industry and Commerce issued by the "shareholder transfer of capital statement and signature form", financial weekly reporter saw that the Lo Quannan 1.7 million shares transfer signature impressively in the eye, and stamped with the seal. But Lo Quannan told the financial Weekly reporter, "Lo Quannan" three words not he himself signed, the seal is not his own cover, he did not know this.  Lo Quannan's lawyer Zhang also told the Financial weekly reporter, they have asked professional institutions to conduct handwriting appraisal, the results of the identification, the name is not Lo Quannan I signed. Li Wenming, who was present at the signing in 2004, also said that "Lo Quannan's name was indeed not his own, and should have been signed by an office officer".  As for my seal, Li Wenming said, "The list of shareholder seals are carved by the company, model style are the same, the seal is also the company in charge." But Lo Quannan's argument did not get Jingen's approval.  Jingen told the financial Weekly reporter, Lo Quannan in 2003 left the East Wu Dye, when he left signed an agreement, the agreement has his attitude to the transfer of equity, but also autograph. The authenticity of the signature is true, but in the distant years, equity is just a number written on paper.  In Huang, Zhang Yi, Jianhua and once in the East Wu Dye and large toyo ink work, leaving the East Wu Dye, may become their lifelong memory. The founding shareholders left, Wu Xianliang to build the family business Father Jingen the East Wu Dye Factory (collectively) into the East Wu Dye (private nature), son Wu Xianliang the Big Toyo Ink (employee shareholding 50%) into the Wu family business (Wu Xianliang and sister, mother holding 100%), the so-called inferior wins blue, big Toyo Reduce capital,  Increase capital, kick out other shareholders, the introduction of trusted shareholders, to create a family enterprise wrist is not wonderful. As mentioned above, at the time of the creation of January 2003, the company has 13 shareholders, although Wu Xianliang holding 50%, but still has a 50% stake in the hands of other employees. September 2004, Large Toyo Ink from 10 million yuan to 5 million yuan. Prospectus disclosed that some shareholders to the big Toyo ink without economic benefits, the transfer of equity or was repurchase, shares 1 yuan/share.  After the transfer, the big Toyo Ink only Wu Xianliang, Sun Jieming, Huang three shareholders, they hold the big Toyo 68%, 16% and 16% respectively. March 2007, Huang BanSichuan left Coase, whose shares were transferred to Wu Xianliang and Sun Jieming, respectively, with 81% and 19% per cent of their holdings.  The month, Coase wood increase capital, Wu Xianliang sister Yanhong shares, mother Zhou shares, the original shareholder Sun Jieming exit. And do not talk about whether the withdrawal of shareholders voluntarily signed, whether the withdrawal in accordance with the 1 yuan/share of repurchase or transfer, only in this three years, Coase's decentralized equity has been completely controlled by the Wu, the earlier employees have been working together have left.  According to people familiar with the matter, although Sun Jieming is Wu Xianliang's cousin, but at the last minute, Sun was forced to leave. Left the Wu family smile, leaving the old workers can not let go.  Close to listing, each of the shares they owned was worth hundreds of millions of yuan.  From administrative litigation to civil litigation, for these 17% of the shares for the 17% of the Coase, Lo Quannan from administrative litigation to civil litigation, repeatedly, litigation costs, and eventually withdrew the appeal. October 27, 2009, Lo Quannan to the location of the Xiangcheng District court in Suzhou, the site of the administrative proceedings: Suzhou Xiangcheng Industry and Commerce Administrative Bureau (defendant) industrial and commercial Administration registration, request to revoke the December 8, 2004 defendant approved the transfer of large oriental ink and shareholder change registration of the specific administrative acts,  To restore the plaintiff's shareholder status in the company, but two months later, the request for action was dismissed; Lo Quannan against the Xiangcheng District Court's first trial judgement, and then in the Suzhou Intermediate Court appealed, but the Intermediate Court also dismissed the claim, upheld. After that, Lo Quannan obeyed the lawyer's suggestion and changed from the administrative lawsuit to the civil lawsuit. Last April 18, Lo Quannan as the plaintiff, to the issuer, Sun Jieming, Wu Xianliang and other as defendants, in violation of the rights of the plaintiff's legitimate shareholders to the Suzhou Xiangcheng District People's court to bring a lawsuit, request the court: first, the defendant to make the 2004-year reduction of shareholders will be invalid resolution; second, the defendant's 2004-year To restore the plaintiff's shareholder status in the issuer and 1.7 million-yuan equity, and bear joint and several liability for the plaintiff's economic losses. But 3 months later, Lo Quannan's claim was once again dismissed.  Lo Quannan continued to defy, on July 15, 2010 appealed to the Suzhou Intermediate Court and demanded that the sentence be revoked and revised. Unexpectedly, Coase Wood on the eve of the meeting, Lo Quannan voluntarily withdrew the appeal.  September 27, 2010, the Suzhou Intermediate Court made the following ruling: "Allow Lo Quannan to withdraw the appeal, the case processing fee of 20180 yuan halved to 10090 yuan, by the Lo Quannan burden; This ruling is final. Coase won, Lo Quannan the initiative to withdraw the lawsuit.  But to this final verdict, Lo Quannan told the financial weekly reporter, he is not convinced, he will continue to fight. This newspaper will also continue to pay attention to this matter.
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