Wenyao Retirement Application Approved

Shanghai Home (600315) of the major shareholders and management of the dispute, accompanied by the chairman of the resignation of Wenyao, the curtain fell. Yesterday, the Shanghai household release announced that the company five session five times the board of Directors accept Wenyao (retirement) application. In the industry view, this is the Wenyao and big shareholder peace make "struggle" the final outcome. In fact, the contradictions between Wenyao and big shareholder peace have already been openly open. In the safe settled home, Wenyao more than once accused of peace: "After the peace came in, the home group will only exist, only sell assets." "In May this year, Wenyao was once withdrawn from the post of Chairman of the group. At that time, Shanghai's home stock price plunged, heavy warehouse holdings of funds, the highest has been downgraded Shanghai home stock valuation of more than 20%. September 17, Wenyao suddenly applied for the post of Chairman of the listed company. The next day, the Shanghai household stock market opened and fell, the value of a day shrank by more than 3.6 billion yuan. After the Mid-Autumn Festival holiday, Wenyao's retirement application was formally accepted by the Board of Directors, and the company board elected independent director Zhang Chun as Acting chairman. Yesterday, the Shanghai household stock prices fell slightly all day. As of closing, its share price was 47.45 yuan, down 1.86%. A fund manager said that after the May Wenyao and Peace Storm, based on age, and the relationship between major shareholders and other factors, the market has expected GE I will leave home, just didn't think so fast. The person said that in the short term, the Shanghai household will be due to the impact of Wenyao application for retirement pressure, but a mature listed company's investment value, and not because of the departure of a certain chairman of the qualitative changes. After the stage of panic in the past, look forward to the Shanghai home of the stock price return to rationality.