Radical transformation encounters strong sniper technology major shareholders are divided

Once shared a dormitory colleagues, now with more than 1 billion of the market capitalisation of the shareholders, but after the rise of joint ventures, shareholders for the company's future direction of development is obvious differences-the real version of the "Chinese partner" in a A-share listed companies staged. Silicon Bao Technology (market, inquiry) (300019, closing price of 11.21 Yuan) May 9 announced the announcement, the company's major shareholder Microsystem again elected the third board chairman. However, Microsystem's election was "thrilling", with 4 of the company's 9 directors voting against it, including Microsystem's former colleague, Wang Youji and his wife bin, one of the company's main shareholders, and bin, the main shareholder of the company. "Disagree with his strategic thinking. "Wang Youji, director of Silicon Technology and directors of bin, has focused on Microsystem's strategic planning of listed companies. "I am relatively radical in my future transition, and I am moving faster and more worried." "Microsystem to the daily economic news reporter said that the company's sales revenue mainly from the construction of plastic, and this area has a maximum of 3 years of growth, the current should accelerate the transformation of the civilian market, but some of the original shareholders of the transformation of the development of power is insufficient." For the Division of the Board of Directors, two times, the reporter contacted Silicon Bao technology director bin, but she was not convenient response for the refusal to express their views. The company Dong Cao Zhenhai The Daily economic news reporter said, silicon bao technology is no actual control of the company, there are differences are normal, several shareholders are also more than 10 years of colleagues, personal relationship is very good, but the company's understanding is different. The general Board of Directors of the general public disclosure of Technology Bulletin, the company's third board of directors of the first meeting resolution election Microsystem as the company's third board of directors, the term of office since the Board of Trustees after the date of 3 years. The result of this motion is: agree to 5 votes, oppose 4, abstain 0 votes. Among them, Silicon Bao technology director Wang Youji, Director bin, director Li Buchun, independent director Huang Xu all cast a negative vote. The reasons for the objections of the directors are full. Wang Youji said that it disagreed with Microsystem's strategic thinking; bin questioned the company's strategic plan proposed by Microsystem, and the Li Buchun's objections were more straightforward, arguing that others were better suited to the chairman, while Huang Xu said that the main reason for its negative vote was not knowing much. "Not fit to be a deputy. "The king has given this reason for voting against the decision to elect the Vice chairman of the company." Bin said that the bill was a sudden motion for the meeting, did not give participants sufficient time to consider. Previously voted against the Li Buchun chose to abstain, and that the bill did not follow the law in advance notice. In addition, the Silicon Technology Board of Directors also passed the Board of Auditors, Compensation and Evaluation Committee, the Strategic Committee of the general election of the motion, all received unanimous approval. And by the Chairman of Mr. Microsystem nominated, decided to appoint Zhou Wenliang as the general manager of the motion, director Yang Li for the general manager candidates are not yet understood and abstained. It is worth mentioning that Si Bao technology received in the total on April 22, 2014More than 3% of shareholders Chen Yanbun, Zengyonggong submitted to the company on the recommendation of the company's third independent director of the Board of Directors of the proposal, proposed to be Chen Weiliang as the company's third board of directors of the Independent Director of the third session of the 2014 Provisional general Meeting of the Bill, and the independent director of the cumulative voting system Subsequently Chen Weiliang was successfully elected as an independent director, and in the general election of the board of directors cast a key vote in favour, and was elected as Chairman of the Board audit Committee. Microsystem in the boardroom transition, finally won the Chairman of the third term. But the boardroom transition has revealed a huge divergence between the board members and shareholders of silicon technology. Control risk looming in fact, the relationship between silicon technology shareholders is quite complex, which may be one of the reasons for the divergence. Silicon Bao Technology's shareholding structure has long been a concern for some investors: the company's current chairman Microsystem is not the company's first founder, but in the silicon technology in 2005, the 6th time to increase the shares, in the form of cash-funded into the Silicon Bao technology. Public information shows that Wang is the founder of Silicon Technology, prior to the silicon Bao technology as a director and general manager of the post. Microsystem and Wang Youji, who were colleagues, were also research and development and had a number of technical patents. In the 1998, Wang had 500,000 yuan to establish silicon Bao technology. 2005, Microsystem into the company. 2008, the Silicon Bao technology registered capital expanded to 38 million yuan. 2009, Silicon Bao technology total assets amounted to 147 million yuan. October 2009, Silicon Bao technology in the gem successfully listed, listing 299 million yuan to raise funds. At the beginning of the listing, the first major shareholder of Silicon Bao technology Microsystem shareholding ratio of 27%, the second largest shareholder king has a 24.75% shareholding ratio, the third largest shareholder Guo Timin shareholding ratio of 20.25%. Silicon Bao technology has always claimed that no actual control people. Although silicon Bao technology management did not appear major problems, but at the end of 2011 there has been a huge change of stock rights turmoil, has always been low-key Wang, because of the high price of divorce brought about by the split and has become the focus of public attention. Silicon Bao Technology bulletin shows that the company received a shareholder in the king of November 29, 2011 Notice, and Yang Li to reach a divorce agreement on the Division of property arrangements. After the split transfer completed, Wang Youji and his ex-wife Yang Li will hold 9.405 million shares of silicon technology, accounting for the company's total equity of 9.22%, for the company's third largest shareholder. In addition, the top 10 silicon Bao technology shareholders, Wang has the elder brother Wang Youhua is the company's sixth largest shareholder. According to the company's information on shareholder relations, after divorce with Yang Li, Wang Youji and the second largest shareholder Guo Timin daughter bin married. It is noteworthy that at present Wang Youji and Wang Youhua total hold the silicon Bao technology 12.95% of the equity, Guo Timin holding the company 14.41% of the equity, Microsystem is holding 20.12% of the equity. If Wang Youji and Wang Youhua and Guo Timin become consistent actors, their impact on corporate decision-making will be obvious. In the prospectus of silicon technology, "Control right Risk "is also specifically listed in the hint, although the company's stock rights are more dispersed, there is no actual control, but because the company's first three major shareholders are close to the shareholding ratio, the company's control right after the listing still exists the risk of change." Development strategy or major adjustment silicon Bao technology revenue growth is mainly due to silicone room temperature adhesive sales continued to grow. Its 2013 annual report shows that the reporting period of the company to achieve total operating income of 464.6717 million yuan, an increase of 24.9%, the realization of net profit of 70.0977 million yuan, the year-on-year growth of 14.04%. Since October 2009 on the Shenzhen Stock Exchange listing, has been for 4 consecutive years to achieve sales revenue and net profit sustained growth. Silicon Bao Technology room temperature silicone rubber products are divided into construction and industrial plastic two categories, of which the construction of plastic sales accounted for room temperature adhesive products accounted for 84%, industrial plastic sales accounted for 16%. Silicone room temperature adhesive is a new type of environmental protection polymer materials, as adhesives, sealants, on-site molding materials, widely used in various economic fields, and the construction industry is the most widely used and mature. While silicon technology has maintained steady growth, the market outlook for construction adhesives seems to be the focus of disagreement among shareholders. Microsystem, in an interview with the Daily Economic news reporter, said that the construction glue relies on the real estate market, while the real estate cannot maintain the high speed growth, the future broader market is the civilian. Silicon Bao technology in the 2013 annual report on the future development of the description that, at present, the silicone sealant industry is more dispersed, the technical level is uneven, with the industry from extensive growth to industrial upgrading, technology upgrading changes, the future industry concentration will continue to increase, the company will make full use of technology and market advantages, seize the industry development opportunities, Timing investment or mergers and acquisitions. As silicone sealant industry leader, there is a point of view, Silicon Bao technology is the biggest aspect of the future concentration of the industry to improve. But microsystem that, even if the market share increases, but overall market capacity declines, the company's total sales will still be sluggish. Microsystem also believes that silicon technology is not to completely give up the field of building glue, but with a more radical attitude to transition, but some of the original shareholder transformation power is insufficient. For the future of silicon technology, Microsystem said, the company has been exploring the issue of strategic transformation, is currently being explored, the end of the year should have a comparative molding strategy. At the same time, he admits, there may be a disagreement between Wang Youji shareholders and the new management. (Intern Huang Li has contributed to this article) "" Silicon Bao Technology chairman Microsystem: At the end of this year or the transition strategy has formed every reporter Yeu Qi from the Chengdu Silicon Bao technology chairman of the general election Xianzao veto, thrilling win re-election of the Chairman Microsystem and the company founder Wang Youji between the open. From 500,000 yuan start-up company, to the successful landing gem, and then to subdivide the leading position of the industry, the two people jointly lead the silicon Bao technology to achieve continuous growth for many years, but for the future direction of development, the two end up differences. The story of the two Kings is called the classic reality version of "Chinese partner"--Microsystem and Wang Youji from the same houseFriends, into the billion market capitalisation of the company's "partners", and finally from the same goal to disagree. For this disagreement, Microsystem received a telephone interview with the Daily Economic News reporter (hereinafter referred to as NBD). Differences for the normal phenomenon NBD: Before the shareholders ' meeting, there are differences between shareholders, want to hear your opinion? Microsystem: There is a normal disagreement between the shareholders of the company. It is normal for the shareholders to have different ideas and opinions on the direction of future development of the company. NBD: What is your main disagreement with other shareholders? Microsystem: In the direction, Wang has the deputy chairman of the view is that our building gum can also maintain 10 years of growth, and the brand will be more concentrated. The original shareholders are mostly made of building gum, but I don't care about capital, or to the outside (market), are relatively more understanding, so I think the outlook is not optimistic, three years of growth has been good, so we must transform, the use of silicone performance and characteristics, to find more market share in the popularity of the fuss. Future industry growth is to further increase civilian. There is no enmity between us, we used to be brothers, living in a dormitory. NBD: Mr Wang Youji seems to disagree with his position as vice chairman. Microsystem: I have communicated with King, this is the result of communication. It's not a good time to see it again after six months. NBD: In the view of outside investors, this transition may be considered a matter of contention for control. Microsystem: I have a 20% stake in myself, control right at least 35%, and other shareholders than you 10% more than the formation of control issues, so the company is without control, this is a good way to avoid making important mistakes, but its problem is that shareholders will have differences of opinion. In fact, we used to have differences, the board of Directors of the transition is only one of the countless differences in silicon technology. NBD: Shareholder disagreements have come to an ending, and will they create new problems for new management in future shareholder meetings? Microsystem: It's still possible. But from the result of the vote, the management opinion is more consistent. Positive transformation of the civil market NBD: for the future development of the company, what is your opinion? Microsystem: For the company's future transformation, I am relatively radical, go faster, and worry more deeply. NBD: What is your concern? Microsystem: At present, the construction glue occupies the company industry volume and the share is too big, but the real estate present problem is obvious. In the past 10-20 years, we have enjoyed the rapid development of China's real estate feast, but in my view, the future of real estate is no longer the possibility of rapid development. The growth of building gum, mainly depends on the concentration of the brand, the current brand concentration has been very obvious, there are brands, the concentration will be more and more high, but in the real estate industry when the total decline, or will lead to the entire construction glue market space shrinkage. In this case how to go? This is my anxiety problem. NBD: The company occupies a large proportion of the industry? Microsystem: For the smog, solar energy and other green partiesNoodles, the growth is very good, but I think the volume is still not enough. We will increase the intensity, in the civil aspect, we also can create more, the bigger space. NBD: Management has been exploring the strategic transition for a long time, but still no results? Microsystem: The company has been exploring the issue of strategic transformation, the end of the year should see a more molding strategy, but is still in the ongoing exploration. NBD: How will you understand the company's strategic transformation? Microsystem: Transformation does not mean giving up, transformation is to further improve market share and brand influence. In the transformation of the need to increase investment, we do not give up one thing to do another thing, but first this thing solid, then to do another. We are not going to be able to easily leave the field of silicone material in nature. Company management "Professional, Younger" NBD: the company management are professional? Microsystem: Professionalism. After the professionalization of the establishment of production and marketing mechanism, how to do also need further communication. The future enterprise development pressure is very big, but the original shareholder development power is insufficient. So I emphasize younger, professional, this is the general direction. I hope in the vice president has 35 years old, this time has not been able to do, but I still have to work hard to cultivate more, younger, more professional person. NBD: Why do you emphasize the general direction of "Younger and more professional"? Microsystem: Wang Youji Vice chairman is already 50, I also 48, the future company transformation will face great pressure, and our original shareholders in the future development of the problem, especially in the economic restructuring, including countries and enterprises in the process of economic restructuring, the company will face great pressure. Primitive shareholders are basically rich in assets, knocking on the keyboard, a stock right to sell days can also be very comfortable, so there is no reason to withstand the great pressure of transformation. And the younger professional managers, there are more professional ideals, but also face more realistic pressure, to solve the income, career and other issues, such people are more motivated, more professional passion. (Intern Huang Li contributed to this article)