The Tibetan medicine industry holds the Golden Rooster not laying the competition of controlling power

Tibet Pharmaceutical (600211) former chairman Chen Dabin may not have thought, had seven years ago rescued the company in distress, together with the wine merry now enemies, the two sides around the Tibetan medicine control power infighting, in the capital market uproar. September 30, the Tibetan pharmaceutical industry will convene a meeting to elect the sole director, then the major shareholders, two shareholders will face head-on confrontation. Although the outcome of the unknown, but all the way to the difficulties of the Tibetan medicine industry is already riddled with holes, Chen Dabin also always sigh: Tibet pharmaceutical Holding a "rooster", with its core product new live vegetarian can world! However, a number of control battles have made this "golden Rooster" difficult to lay eggs, only the small investors in the periphery of the battle for the development of the company anxious. -The reporter Guo Nao Zhi Dai River from the invoice to the director of the Struggle September 26, Chengdu City, No. 49th, Kam Trade Building, 16 floor, the Tibetan pharmaceutical industry in 2014, the second provisional shareholder meeting. 2:50 P.M., Chen Dabin with the board of directors, some members of the Board of Supervisors to the meeting room, face serious, in turn to the Check-in table, pen. Meeting outside, nearly 10 people dressed in security clothing, lined up, with their hands in the waist, vigilant gaze at the intersection to the conference room, often appear strangers shadow, will cross-examine. On the check-in table, Tibet Pharmaceutical Four or five staff, carefully check the personnel documents to attend the meeting, a professional photographer has taken up the camera, the whole process of recording the shareholders Conference. In the cramped meeting room, many people have been seated. In addition to the 10-and-a-dozen seats, there are no more side seats. Chen Dabin One by one to be seated. Chen Dabin a seat, glanced swiftly at the "people opposite" on the table and said no word. Others seem to be uneasy, some people look out of the boardroom, some bow thoughtfully, and sometimes look at the next table of strange faces, and some simply buried deep head ... The whole picture, like a gang of former friends, suddenly became a stranger, sitting together without words, all uncomfortable. Still, everyone knows that the meeting will determine who will be in charge of the board and who can actually influence the Tibetan medicine industry. Before this, to two shareholders Beijing new Phoenix Real Estate Development Co., Ltd. (hereinafter referred to as "new Phoenix", holding 18.52%) led by the camp, as well as Tibet Huaxi Pharmaceutical Group Co., Ltd. (hereinafter referred to as "Huaxi pharmaceutical", shareholding 21.62%) led by another camp, the two sides have long been competing for Tibet pharmaceutical control of the conflict Openly, and even use their own platform in the listed companies to fight the "war of words", caused by the regulatory department to send a letter of concern. Although there is a lot of speculation, but a person familiar with the report told the Chinese Securities News reporter, the two camps have accumulated a long time, this from the two sides on the reimbursement of a lodging invoice can be seen. August 14, the Tibetan medicine industry held a board in Chengdu. After a few days, the current chairman of the Stone Forest sent a person to take an amount of tens of thousands of yuan of the accommodation invoices to the company's finance department reimbursement, the location is displayed in Shanghai, accommodation is August 16. It is reported that the company cashier feel quite strange, not reimbursed. As a company directorChen Dabin learned this, think that in the time of the invoice display, stone Forest did not leave Chengdu, take so the invoice reimbursement is really strange, and before both sides have been clear "costs not reimbursement of the company." "The Stone Forest for reimbursement of the obstruction of opinion, the relationship between the two sides also deteriorated sharply." "Some of the other controversial costs of the stone forest have sometimes been reimbursed by the Tibetan medicine industry, which has caused discontent in the Western China pharmaceutical camp," said the person familiar with the matter. Chen Dabin declined to comment on the claim by regulatory authorities. As for the Stone Forest, the Chinese securities News reporter repeatedly tried to contact the fruit. In fact, before the positive "crossfire", both sides have already "dislike". August 16, the Tibetan medicine Industry Bulletin said the company proposed to staff a pay rise 20%-40% bill was alone and a number of directors voted against the motion by 5 votes to support, 4 votes against, 0 abstentions "reluctantly" was passed. It was the West China pharmaceutical Camp--Chen Dabin, Zhou Yucheng, wangying, 3 directors and independent director Rao Jie--who voted against it. Chen Dabin After the media interview frankly, he and the stone Forest of the various differences, are starting from the pay rise. On behalf of the new Phoenix camp, the Stone Forest believes that the Tibetan medicine industry so many years of low treatment, brain drain serious. The company has no future without a pay rise. The company develops more power from the real ability of research and development, sales and management personnel, raise salary is for the sake of the company's future. In this respect, the person familiar with the matter said that the Chen Dabin individual is not opposed to giving employees a raise, but worried that executives are taking the opportunity to give themselves excessive pay. Chen is worried that "there is no mention of specific executive pay standards in the bill, executives are also part of the staff, if the actual operation is also included in the salary range of employees, then this way is not disguised to Gao Tanga pay suspicion?" "It is reported that the stone Forest before the proposed to the group of senior executives to raise salaries, up to five or six times times the range, was Chen Dabin sternly refused." Yang Jianyong, vice chairman of Tibet Medicine, which belongs to the new Phoenix camp, also believes that the pay rise is not "taken for granted". He told the media, as chairman of the Stone Forest after taking office, went to several factories, but also asked the staff's income, Granville Light factory some front-line workers monthly salary is more than 1000 yuan. So really feel that should rise, the company also commissioned the Human resources department, the financial department, Sichuan province, the official release of wage data and the company's data to compare, and conducted a basic research, compared to the external average salary is how much the company's wages, the data to the company's remuneration committee, The latter met for a preliminary discussion and finally passed the remuneration committee to raise the matter. "At the company's average pay level, 20% is the most basic growth for employees," he said. "Yang Jianyong has blamed the loss of talented people for the poor performance of the Tibetan medicine industry in recent years. "If the company does not want to develop, outworn, try to keep costs down and hold on to existing profits, that's OK." But if the new board assumes that the company needs a jump-forward scenario. Yang Jianyong said to the media. People familiar with the matter said that Chen Dabin personally did not object to the pay rise, and that ordinary employees shouldPay rises, executive pay can be moderately higher, "but should come up with a refinement of the scheme, can not simply be determined by the proportion of salary increase ...". First, he says, the company's current performance is not enough to support a big salary increase, and second, a 20%-40% increase in employee pay could have a long-term impact on the company's profitability. According to the media received the "on the adjustment of the company's senior management remuneration standards of the bill", general manager level, including the General manager and deputy general manager, the Pay standard adjustment (monthly distribution, the year-end based on performance appraisal issued, the same below) 60,000 yuan; Deputy general manager, including sales deputy general manager Chief engineer and the Secretary of the Board of directors, the salary standard is 40,000 yuan, 38,000 yuan, 38,000 yuan and 38,000 yuan respectively. This is obviously not the same as what Chen Dabin said, "There is no mention of specific executive pay standards in the bill." China Securities News reporter learned that before this version, there is also a more significant increase in executive pay plan, because the West China camp rejected. Although the pay rise was eventually passed, an insider at the Tibetan drug industry told the Chinese Securities News reporter that wages for grass-roots workers have not risen yet. Said the person familiar with the matter, Chen Dabin to stone forest other practices also dissatisfaction. On one occasion, the Stone forest in Tibet's finance staff and the headquarters of the cashier staff said that the Tibetan medicine account has more than 200 million cash flow, can take 50 million to Tibet, after all, the company registered in Tibet. Chen Dabin to this, but the sum of money just arrived in Tibet a few days, was zoned to Beijing's account. China Securities News reporter can not contact the stone forest for confirmation. All sorts of signs make Chen Dabin feel uneasy, the desire to regain power is more and more urgent, and the only way is to win the board of directors. However, in the current 9-member board of the Tibetan pharmaceutical industry, the new Phoenix camp actually has 5 seats, while the Huaxi pharmaceutical camp has only 4 seats. Therefore, Huaxi pharmaceutical industry anxious to borrow the Dong Lai "overtake". The new Phoenix camp saw through this recruit, also proposed to co-opt alone dong, so that, September 30, the general meeting will appear alone Dong "three election two" situation. The two sides also make a fuss over the voting system, Huaxi's drug industry pushes direct voting, and the new Phoenix advocates the cumulative voting system. The new Phoenix is concerned that if the election is by direct vote, Huaxi pharmaceutical will or by virtue of holding advantage of the election of independence, and at the same time veto the candidates pushed by the surplus investment. But if a cumulative voting system is adopted, the new Phoenix camp will be able to cast all its votes on its own recommendation, thus ensuring that it is elected, and that its board of directors will be increased to 6 seats, leading the board thoroughly. So, only the September 26 that "the answer has been in their hearts, only a procedure" of the shareholder meeting. It is noteworthy that the West China pharmaceutical Camp proposed a meeting, the new Phoenix camp obviously "not to join". Tibet Pharmaceutical in the director of 9 people, only 3 people present, the directors of Stone Forest, Yang Jianyong, Zhang Hong, Li Wencheng, Richie, Rao Jie due to work arrangements could not be in person to attend the meeting, the company in charge of 3 people, attended 2 people, supervisors Yang Donyan failed to attend the meeting in person. New PhoenixAlthough the camp shareholders did not attend in person, they sent representatives to vote. According to the Chinese Securities News reporter, in the proposed stone forest when chairman, the new Phoenix camp leading board, the two camps had spent a period of honeymoon period, Huaxi Pharmaceutical Camp hope to introduce new mechanism, new talent, promote the development of Tibetan medicine industry. Even in the stone forest after the top of the media thank dinner, it was commented that "Tibet pharmaceutical two shareholders can finally wine merry." However, after a short honeymoon, the relationship between the two sides quickly to a stalemate, so many investors caught off guard. The old brothers ' ideas are different from enemies. Now, remembering the past, Chen Dabin may not have expected such a situation. That year, the Tibetan medicine industry internal and internal difficulties, Chen Dabin find Zhou Mingde-new Phoenix Camp core figure-Friends, Zhou Sui hand help. June 18, 2007, Huaxi Pharmaceutical and the new Phoenix and its concerted action people Zhou Mingde, Hephaistion, Wang, Shaoma Jing, Chen Lie and other 6 natural persons signed Tibet Pharmaceutical shares transfer agreement, Huaxi pharmaceutical industry to 5.572 yuan per share, the total price of 194.8 million yuan to the latter transfer of Tibet pharmaceutical 34.96 million shares. At the same time, the Tibet pharmaceutical industry to start the reform, the Agreement between the parties: after the implementation of the reform and the new Phoenix after the transfer of the shares of the 1 months, will start the Tibetan medicine to the new Phoenix directional additional acquisition of assets. At that time, the new Phoenix injected assets have been identified as two real estate projects: Jushan Xin Village C District and Zhongguancun Science and Technology Park Hot Spring Industrial park.