Xu Yuanyuan die Knock Gold Yu Group "bonus Door"

In the past year, the gold-Yu group has been almost a call Xu Yuanyuan activists led by the nose. Xu is a serious investor, last May, he questioned "Jinyu group embezzled 2.83 million listed funds to the chairman of the Zhang Yuyu bonuses", triggering the Shanghai Stock Exchange and the Inner Mongolia Securities and Supervision Bureau. Then he sued the Gold Yu Group 2009 annual shareholder meeting procedure illegal. Over the past year, Xu Yuanyuan three trips to Hohhot, Inner Mongolia, Jinyu case in Inner Mongolia Saihan District first trial, he also brought to the Intermediate People's Court for second instance, Xu Source jokingly called himself to "repeatedly defeated war", if the second and Inner Mongolia High Court, he will sue to the Supreme Court, with "tears lawsuit" the same toughness, Be sure to make a statement. February 23, Xu Yuanyuan v. Gold Yu Group of a case second trial, Xu Financial resources continue to complain about the 2010 annual shareholder general meeting procedure and content is illegal. Kim Yu Group at the annual meeting of shareholders has passed a number of resolutions, once because the losing will be forced to revoke the implementation of the resolution, the consequences will be unbearable. The lawsuit has not subsided, Jinyu Group also broke a larger event, January, the company's financial director Wu Manxiang, Vice president Daimingliang unexplained resignation, two people in less than a year. February 24, "Huaxia Times" reporter learned that the chairman of the Zhang Yuyu Group held in 2011, the first general meeting of shareholders, as a small shareholder, the participants Xu Yuanyuan to throw a number of problems. Jinyu case from first to second trial, Jinyu shareholders General Assembly case of the gunpowder more and more strong, both sides of the debate focused on the point of time. Last year, Jinyu Group was scheduled to convene the annual meeting of Shareholders May 20, 2010, according to the company law, the rules of the general meeting of listed companies and the regulations of the company, the new shareholder proposal must be submitted before the general meeting of the shareholders, 10th, The second largest shareholder elephant venture in the May 17 submitted a new proposal to increase their own people as directors, the Gold Yu Group board of Directors on the basis of the proposal on May 18 issued a notice of the extension of the shareholders meeting, the final shareholder meeting on May 28, and adopted all the proposals, formed a resolution. Last August, the first trial of the case, the defense lawyer said: "The time of the elephant venture to submit an interim proposal for the May 17, from the actual date of the meeting of the shareholders, May 28, 11 days interval, so the interim proposal is in accordance with the company law required by the General Assembly before the 10th." Xu Source retorted: "The defendant in the meeting of the General Assembly resolution announced that the proposal was received on May 17, visible is clearly invalid proposal, has exceeded the provisions of May 10, the accused to increase the proposal before the postponement of the meeting, and the Constitution is contrary." "February 23 The second instance of the case, Xu Yuanyuan and his lawyer Liu Lu in the debate, said that the elephant created a new proposal more than the statute of limitations, with an invalid proposal as a basis to postpone the convening of the General Assembly of shareholders at the illegal general meeting of the invalid proposal, its holding of the General Assembly is certainly illegal The resulting resolution shall be revoked in full. The defendant said: "No expressly prohibited under the lawPrinciple, Jinyu's board of directors has the right to postpone the holding of shareholders ' meeting, and its behavior does not violate laws, administrative regulations and the rules of the group. "2010 Annual shareholder meeting, Jinyu group because of" bonus gate "event is widely questioned. People familiar with the matter said that major shareholders and elephants hit a certain compromise at that time, the shareholders meeting only temporarily increased the proposal for an elephant venture, to the elephant to create two board of directors, in exchange for the elephant to give up the 2.83 million yuan bonuses to pursue. To the embarrassment of major shareholders and two of shareholders, Xu Yuanyuan at the time when the indictment was held at the shareholders ' meeting, insisting that the proposal for the nomination of a director of the seventh session of the Board was an invalid proposal. At first to participate in the Kim Yu group rights, Xu Yuanyuan will be directed to Jinyu Group chairman Zhang Yuyu issued 2.83 million bonus events, after many questions, he turned to sue shareholders General Assembly is not legitimate, no longer directly against Zhang Yuyu. Xu Yuanyuan told the newspaper reporter, does not evade the most fatal problem, will in the lawsuit timely proposed "bonus door" question. Zhang Yuyu of the shareholders ' meeting February 24, the first general meeting of the Golden-Yu Group was convened to consider the motion on the appointment of the company's 2010 audit body and the election of Xu Shijun as the director of the seventh session of the company. As the vice president of the company, director of Daimingliang, Financial controller Wu Manxiang resigned, Xu Shijun replacement is the director of Daimingliang position. Daimingliang was elected as director of the company at the general meeting last year. He and Wu Manxiang originally served 3 years, less than a year resigned from the company, the outside rumor is financial problems caused high-level changes, and Kim Yu group staff said: "Daimingliang is due to personal reasons to resign, children to study abroad need people care." "At the shareholders ' meeting, Xu Zhang Yuyu the question to the Chairman of the board, questioning the financial director Wu Manxiang, vice president Daimingliang resignation whether there is a significant insider?" There are all kinds of rumors outside, as investors have the right to know. At the shareholders ' meeting, Xu Yuanyuan to the legality of the composition of the board of Directors also questioned, v. Jinyu Group 2009 Shareholders General meeting Resolution of the second trial is still in the trial, if the gold-Yu group loses, the 2009 shareholders General Assembly resolution will be invalid, including the then considered the " A motion to elect a member of the board of Directors for the seventh session. Zhang Yuyu simply answered Xu's question: "Hilling's case is still in trial, because the verdict is not out, everything is not conclusive." The two executives are normally resigned, with no skeletons in their closet. "Compared to these two senior executives, Zhang Yuyu himself encountered a lot of problems." Xu Yuanyuan said that the government's documents have confirmed Zhang had won the 2.83 million Mayor Special Award, the award before the Gold Yu Group has never been announced, if Zhang can not produce proof of income tax, is suspected of tax evasion. If the bonus is confirmed to have been obtained from the IPO, it is the ill-gotten gain, and the tens of millions of investment proceeds from the 2.83 million capital will also be owned by the listed companies. At the provisional shareholder meeting, Xu Source also questioned why the General Assembly did not take the network vote at the same time, so that more inconvenient to the Inner MongoliaAncient shareholders have the right to vote. And Zhang Yuyu's answer is: "Listed companies can open online voting, you can not open the network to vote." "Jinyu Place is accused of hidden income gold Yu Group's main business including bio-pharmaceutical, textile processing, real estate, rent and property management, before resigning, Daimingliang or Jinyu group wholly-owned subsidiary of the limited liability company's legal representative, in charge of real estate business." Last August, Xu Yuanyuan to Hohhot, Inner Mongolia, and Jinyu land sales office staff have talked, and got a lot of material. Xu Yuanyuan said that Jinyu's residential projects were all sold, leaving only a small number of shops, and the salespeople proudly said they had contributed billions of dollars to the listed companies. According to the materials obtained, Xu Yuanyuan said that the profit of Jinyu's land was not fully loaded into the listed companies. And this reporter learned that, in 2009, Jinyu has achieved land reserve 1223 Mu (Jinyu Diamond 32 mu, Jinyu Star City 181 Mu, Jinyu xintiandi 310 mu, Bao and less project 600 mu, biological products factory, Sea East Road, bridge by about 100 acres). 2009, Jinyu to achieve a full year sales back to 185 million yuan, the full year to achieve net profit of 28.5 million, gross margin of 15%. In the first half of 2010 Jinyu confirmed sales revenue of 60.75 million yuan, net profit of 24.1 million yuan, gross margin of about 40%. According to the annual report of Jinyu Group, no new projects were started in 2009, Jinyu Diamond Project was approved by the government planning and Design review, building area of 55,000 square meters, planned to start construction in September 2010. Jinyu Xintiandi Project has fully entered the planning and positioning of the project before the commencement of the preparatory work, is currently developing a phased development and marketing programs.