Every reporter Xiazijie air from Shanghai St Societe Generale (600603,sh) The original chairman Qin Shaoqiu left the figure is some lonely, he control of the "Northern Fu department" lost to the "continent Department" master Chen Tieming, the feud has not ended. St Societe Generale yesterday issued a "ultimatum", urging Qin Shaoqiu within 3rd and Chen Tieming completion of the work of the Chairman of the handover formalities, at the same time, St Societe Generale to start the temporary debt review work, this was St Societe Generale Hong Geochun interpreted as "mine" work. Hong Geochun to the daily economic news reporter, said, "The continents of the Department of" The Restructuring of St Societe Generale will be in the real estate industry and new areas of assets first choice to inject the main business assets, this is also St Societe Generale to the reorganization of the proposed assets to inject a clear stance. St Societe Generale "ultimatum" Qin Shaoqiu 4 years ago first appeared in the top ten shareholders in the St Societe Generale, 2006 he took St Societe Generale 6th session of the Board "Masters" of the position, 2009 has become its helplessness to leave a year, Qin in the "continent" with the actual control of people Chen Tieming "hostile takeover" confrontation defeated. "St Societe Generale board of Directors after the transition, never seen the Qin Shao Qiu, his former chairman of the office and its items have been still." "Hong Geochun said. Hong Geochun Prior identity is Chen Tieming's Xiamen continent Real Estate Group Co., Ltd., assistant chairman, in Hong was hired as the May 8 of the Secretary of the year, "continent Department" another person-Xiamen continent Real Estate Group executive Vice general manager Peng Shenli also was arranged as the St Societe Generale general manager of the post. According to St Societe Generale disclosed that the St Societe Generale held its first general meeting of shareholders in 2009, the election of a new board of Directors and Board of Supervisors, at that time, a total of 476 St Societe Generale shareholders or shareholder representatives to vote, holding 73.3386 million shares, accounting for the total capital of 37.68%, Qin Shaoqiu entered the 7th session of the Board of directors for about 36.52 million shares, accounting for 49.79% of the total vote, because not more than half of the voting at the general meeting of shareholders, the "weak gap" out. Chen Tieming on April 26 to enter the 7th session of the Board of Directors, followed by St Societe Generale 7th session of the Board of Directors held in the evening of 26th, Chen Tieming officially become the new president of the industrial St. In addition, Chen Tieming's Xiamen continent Real Estate Group Co., Ltd. recommended He Shaoping, Baixiang also elected as an independent director at the provisional General meeting, Shei become supervisors. "We do not know the motives and ideas of Qin Shaoqiu, but he should cooperate with the completion of the St Industrial Board handover work." Hong Geochun said, Qin Shaoqiu in April 26 after no longer contact with St Societe Generale, "even if the Qin think there is no need to transfer matters, but this step procedures should always be perfect." Hong Geochun said, St Societe Generale in the above period had active contact Qin Shaoqiu, "but the final result is not connected." "Hong also stressed that even in the above background, St Societe Generale board is still dealing with the work of all parties," if Qin Shaoqiu always do not want to show up formalities, we can only follow him, will not rise to the lawLevel of demand. "At present, Qin Shaoqiu, the actual control of the Shanghai North Fu (Group) Co., Ltd. is still the second largest shareholder of St Societe Generale." "Demining" to meet the intended injection of assets yesterday, St. Societe Generale also issued "to the St Societe Generale to declare the notice of claims", the declaration time of June 16 to June 19 these 4 working days. Hong Geochun admits, "That's what you want to mine." "Earlier, Chen Tieming published an open letter to the Qin Shaoqiu and St Societe Generale 6th session of the Board of directors questioned," 2006-2008 years three years, St Societe Generale's operating income decline year by decade, the main business stagnation, only rely on debt restructuring income to reflect the surface of the profit. To the end of 2008, the company net assets of 273 million yuan, the cumulative shareholders did not distribute profit-864 million yuan. "Hong Geochun said that in the public disclosure of contingent liabilities is St Societe Generale is now more concerned about the problem," because the St Societe Generale in fact, for many years did not have substantial business activities, liabilities should be basically aged liabilities, 4th can be completed within the basic declaration. As a matter of fact, I didn't get a return call today. At present, the market parties to St Societe Generale's focus has gradually shifted to the "continent" after the reorganization of the assets. St Societe Generale May 27 announced that it is planning a major asset restructuring, and since the date of suspension, will be disclosed after the major asset reorganization plans to resume trading. The reorganization of assets facing two major directions, is to inject real estate business assets or aquaculture, venture capital and other new areas of assets? Hong Geochun has pointed out that the reorganization process is progressing, "it is possible to release the reorganization results in another one weeks." "Hong Geochun yesterday to the daily economic news reporter, said that St Societe Generale 7th Board has been the development direction of the" real estate development as the main business, at the same time with certain strength and conditions, efforts to new energy, investment and other areas to expand. "This reorganization will be based on the above development direction, first or bigger and stronger real estate industry, if directors or shareholders have other areas of mature assets resources, will gradually consider." "Hong Geochun said.
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