Wenyao resignation: Capital does not believe in tears

Wenyao finally left him with a big Shanghai home (market, interrogation), the long time the big shareholder and management of the dispute has ended. However, such a fight in the A-share market has never been unfamiliar, every time the major shareholders and management of listed companies fight, in addition to the listed companies and other shareholders of the interests of the damage, the public see is an unhealthy share culture and capital of cruelty. Financial profit Bao, the current savings rate increased 1000% September 22, the Shanghai home of the announcement that the company's five session of the Board of directors held on September 17, the company board of Trustees accepted Wenyao (retirement) application, and Wenyao "during the chairmanship, diligence, For the company's business development and the company's board of directors to contribute to the work, expressed heartfelt thanks. The Board decided to nominate independent director Zhang Chun as acting Chairman to ensure the normal conduct of the Board's work and the company's management. At the helm of Shanghai home for 28 years, Wenyao led the Shanghai home from small to large, from weak to strong, determined to build a national brand, but ultimately in the big shareholder and management between the nationalists awry. For Shanghai's home to the listed company, Wenyao's departure, in the end means a better corporate governance structure, or the post-Wenyao era of chaos, all unknown. Shanghai home to the end of 2011, the introduction of Ping An trust as a strategic investor, desire to combine, although there are a variety of reasons behind, but compared to the outcome of today, the original intention of the powerful coalition does not seem to be achieved, not only that, it also led to Wenyao the Shanghai home to the core of the people's departure, the capital does not believe the tears of reality,　　Let investors see the strength and cruelty of capital. Looking around the A-share market, large shareholders and management between the continuous number of listed companies, if the game is in the balance between the two, listed companies may not occur bones changes, the company's share price will not be because of management changes and plunge. Unfortunately, a lot of time on behalf of the capital of the big shareholder power is too strong, even if the management of the outstanding, the original plowed to the enterprise all the way, in front of the capital is also little brother. The end result is that management is forced to resign. Many of the management of listed companies have been in a certain industry for decades, deeply understand the industry, and even have the industry voice, once the capital is forced to move, investors on the performance of listed companies will be reversed, listed companies in the two-tier market may fall sharply.　　To Shanghai as an example, on the night of the Wenyao September 17, a sudden retirement application, the next day, Shanghai household stock prices fell to a halt, the day of the giant market evaporation of 3.61 billion yuan. Any one capital market is bigger and stronger, even an economy from small to large, mergers and acquisitions is one of the most important ways. Under the Dongfeng of the regulatory layer to promote mergers and acquisitions, the recent announcement of merger and reorganization of listed companies, in such a frequent reorganization of mergers and acquisitions, must mean that the major shareholders of listed companies will change, resulting in management changes, even the company's strategy and development direction of change, but also must beThe game screen of large shareholder and management of listed companies. The public opinion center of Chinese listed companies believes that in the merger and reorganization of the A-share market, the game of the big shareholder and management of the listed company will be endless, but the question is: whether the big shareholder or the management layer, can not in order to custodians (such as control right, discourse right, personnel right) and infighting continuously, both sides should be on the basis of the normal share culture, conscientiously fulfill the spirit of contract, on behalf of the major shareholders of capital and the management of the listed companies in charge of the specific operation of their respective position, the interests of shareholders as the maximum purpose, the pursuit of GCD, adhere to the modern enterprise system under the capital culture, so as to avoid the unnecessary consumption of listed companies, but also to better protect the interests of