Founder stock prices were depressed all day yesterday, with the tail falling more than 3%

Absrtact: Just in the new year suffered a large shareholder many senior executives were taken away the pains of investigation, founder Securities two shareholders again in its wound repair knife. According to the latest announcement issued by founder Securities last night, the company's second largest shareholder, Stephen Holding, filed an arbitration petition for preservation

Just in the new year suffered a large shareholder many senior executives were taken away from the investigation of the pains, founder Securities two shareholders again in its wound repair knife. According to the latest announcement released last night by founder Securities, the company's second largest shareholder, Stephen Holding, filed an application for arbitration, requiring the preservation of the 3 billion property of founder Securities and the immediate re-election of the board.

Founder Securities released last night on the company involved in arbitration announcement, founder Securities, the second largest shareholder of the political spring holding in accordance with the "Founder Securities Co., Ltd. and China National Securities Limited Liability company shareholders of the issue of share purchase assets agreement" to the China international Economic and Trade Arbitration Commission for the arbitration of founder Securities application, China international Economic and Trade Arbitration Commission on January 5, 2015 to founder Securities served on the "Arbitration application", "Arbitration supplementary application" and other information.

In particular, the administrative spring holding arbitration request includes: to require founder Securities to provide all the board meetings since August 2014 signed documents and resolutions, the provision of August 11, 2014, all financial accounts, accounting vouchers and financial and accounting reports; Immediately convene a general meeting of shareholders, re-election of the Board of Supervisors; before the re-election, To stop all board meetings, to stop issuing any resolutions unrelated to the re-election of the board of directors or the Board of Supervisors, and finally to pay RMB 3 billion as compensation for the loss of legal rights and arbitration fees.

For this arbitration to the company

The potential impact of the current profit or period profit, founder Securities said that the arbitration is still in the processing stage, has not yet heard. Political spring holding has already applied to the Changsha Kaifu District People's Court of Hunan province through the China international Economic and Trade Arbitration Commission to preserve founder Securities under the name of 3 billion Yuan property.

Up to now, Hunan province Changsha Kaifu District People's court has frozen founder securities own funds 1.773 billion yuan. These property preservation matters have affected the normal operation of the company, the company exists the possibility of significant risks.

Second-tier market, the founder Group by the impact of the personnel earthquake, founder Securities shares yesterday all day in the doldrums, the end of the decline of more than 3%.