Jiuding the resignation of three senior executives on the same day was a coincidence or something else?

Source: Internet
Author: User
Keywords Executive jiuding full circulation
Tags company full circulation group listed listed companies listed company notice office
-Our correspondent Zhang Xiaolin yesterday, jiuding new Materials (002201) issued a notice of the resignation of directors and supervisors.  Oddly, three senior officials who want to resign submitted written resignation reports on the same day, including director Jiang, chairman of the Board of Supervisors Qianzhi letter and another supervisor Tao Juan. Why on Earth jiuding Three senior executives will resign on the same day? June 16, Jiuding Securities said: "This is a coincidence."  Is this really a coincidence, as the securities department says?  A reporter survey found that the senior executives at the same time resignation seems to be another strange.  is the main cause of the high age and the inability to juggle work?  According to the announcement of the new wealth of jiuding yesterday, due to the original three members of the Board of Supervisors of jiuding new materials, Qianzhi letter, Tao Juan Two supervisors resignation led to the Board of Supervisors members below the legal minimum number, in accordance with the provisions of the company's Articles of association, in the jiuding of new material shareholders general meeting to change the election of the supervisor, Qianzhi letter, Tao Juan will still perform the supervisor position.  According to the securities department, the resignation of the three senior executives is due to other jobs can not be balanced or older personal reasons. Jiuding new material director Jiang is 59 years old, from the beginning of jiuding new material is listed company's supervisor, has been in jiuding new materials, competent technology.  At the same time, Jiang is also the jiuding of new materials, Jiangsu Jiuding Group Co., Ltd. (hereinafter referred to as the Jiuding group) director, the resignation of the director of the listed company, still as a director of the Jiuding group.  Jiuding, Chairman of the Board of Supervisors of new materials Qianzhi 64 years old, also in Jiuding Group, Tao Juan in the jiuding shares of the original shareholder in Suzhou Trust. According to the Securities office personnel, the listed company's retirement provisions are 60 years old, Jiang is nearing the retirement age, Qianzhi letter 64 years old, the age has been high.  And the reporter inspected Jiuding 2008 Annual report found that the independent director Kang 68 years old, independent director Shang Week 73 years old, the company chairman and general manager Gu Qingpo also has 60 years old, there are so many senior executives in the reign, because of "old age" and resignation seems unable to set up. Resignation executives all hold shares in the company so, what are the reasons why executives resign?  The reporter looked at the data found that the three senior officials who resigned, two of them are holding jiuding new material shares. Jiuding New Materials 2008 Annual report, as of the end of the report, Jiang Personal holdings of jiuding new stocks 841955 shares (including 631466 shares of restricted shares), accounting for 0.81% of total equity, and according to relevant provisions, Jiang 5 directors, Supervisors, During the period of their term of office, the senior management shall not transfer shares of 25% per cent of the total number of shares held.  Jiuding new material has entered the full circulation on December 26, 2008, the senior executives holding the restricted shares have also been lifted at the end of last year. Jiuding, Chairman of the Board of Supervisors Qianzhi letter also in Jiuding group, according to jiuding New Materials 2008 Annual report disclosed, Qianzhi Letter personally also holds the jiuding new timber shares, holding shares of 632184 shares, accounting for 0.61% of total equity. According to the securities department, after entering the full circulation, Qianzhi letter has been in the level two cityfield of reduction behavior, but because Shenzhen to this situation has been disclosed, listed companies have no separate announcements, this seems to reveal the Qianzhi letter has in the two-tier market plan. The reporter asked whether the resignation of the two people with shares in the stock, the securities department staff did not make too much comment, only that, according to the relevant provisions, the Executive after leaving office within 18 months, reduce the shareholding can not exceed the holding of 50% of the shares.  And even if the executive leaves office, the reduction of shares within 18 months can not exceed the holding of 50% of the shares, but also in the term of the regulation of the annual transfer must not exceed the total number of shares held by 25% is much higher. Supervisor Tao Juan in jiuding new material original shareholder Suzhou Trust to assume the position, according to the securities department Personage said: "At that time came to do the supervision for this part of the shareholder's interests, on behalf of the Suzhou Trust over," jiuding new materials in the end of December 2008 into full circulation, the Suzhou Trust is not the company's top 100 shareholders, and Tao Juan Individual also does not hold jiuding new stock, so it seems that Tao Juan has no need to serve in the listed companies. So why did Tao Juan not submit an application for resignation at the end of 2008?  The securities department said: "It may be because of the fear of the annual report to affect investor confidence." An industry insider who declined to be named said: "If there is no accident, the resignation of Jiang, Qianzhi two executives will most likely sell the company's shares."

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