Two major shareholder grudges broke St shareholders ' meeting into "battlefield"

After several months of "air Combat", St Hong Sheng, the first major shareholder Pu Logistics and the second largest shareholder Acer industrial grievances, and finally in the listed companies held yesterday at the annual general meeting of the central outbreak. St Hong Sheng 2009 annual shareholder meeting was held as scheduled yesterday.　　And as the opposition to the reorganization initiative, PU Logistics and macro-industrial between the strong "gunpowder" in this general meeting of shareholders before the show. Shareholder meeting: "You sang my debut" reporters at the scene to see, each of the small and medium-sized shareholders to enter the venue, PU logistics related personnel will distribute the relevant materials, its content straight Chenhomp industry to draw assets of various not. And under the leadership of Acer industry, St Hongsheng yesterday hired more than 10 security to temporarily "defend": when small and medium shareholders, especially PU logistics people want to enter the venue, security will carry out strict interrogation.　　And the security of the outrageous attitude has aroused the dissatisfaction of individual shareholders, the two sides in the rhetoric of the conflict even alarmed the local police, the latter has been deployed, including police officers to maintain the scene order. Although the shareholders ' meeting was convened at 9:30, however, due to the PU logistics and individual minority shareholders at the beginning of the meeting on the company's management issues to Acer's current board of Directors (Acer Industrial Control) "mad", resulting in the Conference has not progressed, PU logistics, and even because the words are too intense by the police "please out" venue.　　And this when the mouth, Hongsheng Board of a statement, then thoroughly "angered" the PU logistics. Before bringing to the shareholders a vote on the relevant motion, Hongsheng announced suddenly that the PU logistics submitted by the Director of the Board of Governors to re-election bill does not conform to the articles of association, from this meeting vote. And this for the reorganization, all the way from Xi ' an PU logistics is obviously unacceptable, both sides on the stage broke out more motivational verbal conflict, PU Logistics and some investors even shouted "request to recall the board of directors", "board illegal" and other slogans.　　In view of the irreconcilable situation, Hongsheng's current board of directors announced the termination of the annual shareholder meeting, the members of the Board and the collective exit of the lawyers.　　With the departure of Acer Industries, PU Logistics "new" continue to preside at the general meeting of the shareholders, under the witness of another lawyer, Pu Logistics to the St Hongsheng up to 26% of the shareholding ratio, so that its proposed re-election of Tung, the supervision of the bill was approved by the General Assembly, and Hongsheng Board of Directors of the bill was all rejected.　　However, some market analysts pointed out that the PU logistics of the mandatory re-election of Tung, the Board of Supervisors, whether the conduct of compliance, effective, but also need to be recognized by the regulatory authorities.　　ST: No vote proposal According to the 29th shareholder meeting on the "carnage", St Hongsheng (Yu Hongpu Industrial Control) special in today's announcement was explained. St Hongsheng said, in the company director Sun (meeting Moderator) announced to the PU logistics bill will not vote, PU Logistics and some investors in the scene loudly shouting "request to recall the board" and other slogans, and to the podium Rob microphone, and announced by the XI ' an PU representative to host shareholdersThe Assembly, thus resulting in a disorderly order at the conference site. In this case, the moderator repeatedly persuaded the invalid, the meeting can not be normal, the host Sun announced recess.　　In view of the above situation the company board of Directors decided to terminate the annual meeting of shareholders, the annual general meeting will be further notice. And the above statement also indirectly indicates that St Hongsheng does not recognize PU logistics after the company, the Board of Supervisors re-election.　　According to the reporter understand, after the exit yesterday morning, St Hongsheng related personage immediately went to the exchange to report the various details of the shareholders ' meeting. St said today that the company decided to vote on the PU logistics bill at the shareholders ' meeting, according to the Articles of incorporation. According to the Articles of association, the list of directors and supervisors will be submitted to the shareholders ' meeting for vote in the form of proposals, and the next candidate directors and supervisors shall be nominated by the previous directors and the supervisory board. The general meeting of the shareholders shall not vote and make a resolution if the proposal does not conform to the above provisions.　　Based on this, in the case of PU Logistics nominated directors and supervisors who have not been recommended by the previous board of directors or the Board of Supervisors, the general meeting of shareholders cannot vote on the proposal or violate the articles of incorporation. "If this regulation, coupled with the two major shareholders of the deepening of the conflict, is currently St Hongsheng the first major shareholder of the PU Logistics or will never be able to come into the listed companies directors."　　A market personage quipped. So it seems that the dispute over the right of reorganization between the two major shareholders of St has not been concluded. And behind the big shareholder's infighting, "injured" often listed companies as well as small and medium-sized investors.　　In view of the fact that St has been temporarily suspended, the time for the reorganization of large shareholders has not been much, so from the perspective of safeguarding the interests of listed companies, the two major shareholders carry out "rational peace talks" or the fundamental way to resolve the dispute. PU Logistics: Will inject the finance, the environmental protection assets in St Hongsheng yesterday's shareholder meeting, the natural person Zhou Genming becomes the shareholder attention focus.　　Data show that Zhou Genming is not only the Chairman of Xi ' an run-base investment, but also PU logistics actual control of Chou's brother, and in this conference, Zhou Genming was commissioned by Chou to become the spokesperson of PU Logistics. According to the PU Logistics report, the company's affiliated enterprises include Yuncheng PU Real Estate Development Co., Ltd., Baoji Hing Lung Mining Co., Xi ' an hi-tech demonstration Industry Investment Co., Ltd.　　Therefore, analysts speculate that PU logistics in the future or to the listed companies into real estate or mineral assets. But Zhou Genming yesterday made a clear veto of the speculation. Zhou Genming said to reporters that at present, whether the real estate or mining, backdoor listing are subject to policy constraints, so the future will not be placed into the St Hongsheng, and PU logistics related side of the current assets far more than real estate and mining, but also participate in financial assets, PE investment, environmental protection industry, if the incoming St Hongsheng,　　The company will choose the high-quality assets to be placed in.　　According to people familiar with the situation, PU logistics financial assets including equity stakes in futures companies, environmental protection industry mainly includes water treatment business. For PU Logistics has never come up withClear reorganization Plan reason, Zhou Genming explanation, because the company has not been able to substantively St Hongsheng, the listed company related official seal and so on still passed others, so the company cannot "justifiably" to St Hongsheng restructuring.　　Small and medium-sized Investors hot Hope St Hongsheng reorganization yesterday morning, 8, from Shenyang, Ms. Han and Mr. Li with anxious mood came to St Hongsheng shareholders meeting, and in addition to exercising their own shareholder rights, this time they also bring other 3 shareholders delegated authority. "To participate in such a shareholder meeting, the cost of airfare accommodation adds up to more than 5000 yuan." "Han said, their hurry to come, is to be able to see for themselves, PU Logistics and Acer Industries in this shareholder meeting to resolve the dispute, the St to promote the reorganization of Hongsheng. For WHO to lead the reorganization, Ms. Han did not hesitate to choose PU Logistics.　　In her view, the reason why St to the brink of retreat today, is entirely the result of Acer industry, they have no illusion of Acer industry, and hope that PU logistics can be early into the company, as soon as possible restructuring St Hongsheng, after all, PU Logistics has pulled out nearly 200 million yuan of "real money." Similar to Ms. Han, the majority of the participants at the meeting hope that PU logistics can lead the future restructuring of St Hongsheng, which will include St Hongsheng the first large circulating shares of shareholders Chen Qingtao.　　Currently holds 2.07 million shares of St Chen Qingtao to reporters that their research St Hongsheng has been four or five years, the company's original major shareholder Acer industry has been in the hollowed out listed companies, today, St Hongsheng has been suspended, Acer industry is still not to accept the hand.　　However, the Shanghai shareholder Mr. Zheng's point of view is somewhat different, in his view, who reorganized St Hongsheng is not the most important, he is concerned about who can really be responsible for shareholders, protect the legitimate rights of shareholders not to be lost. "The purpose of this participation shareholder meeting is to see how PU logistics can come up with a reorganization plan, this program and Acer industry has announced a scheme which is more conducive to enhance the value of St Hongsheng." Who's better, I'll support who, "Mr. Zheng said.