Core Viewpoint - The A-share market in 2025 is experiencing a series of intense internal conflicts within listed companies, revealing deep governance issues that affect corporate vitality and market performance [1][2]. Group 1: Internal Conflicts - Since 2025, internal conflicts among A-share listed companies have erupted, covering various industries such as home textiles, healthcare, electronics, and manufacturing, with forms of conflict ranging from board voting confrontations to public accusations and legal disputes [2][3]. - Dream洁股份 is embroiled in a control dispute, with board member Chen Jie publicly accusing Chairman Jiang Tianwu of financial misconduct and decision-making issues, leading to a significant governance crisis [3][4]. - Reliable股份 faces ongoing internal strife stemming from the divorce of its controlling shareholder, resulting in a close shareholding battle between the former couple, which has escalated into public confrontations over company management [5][6]. -艾比森's founder voted against his own election as chairman, highlighting dissatisfaction with the company's governance structure and concentrated shareholding, which hinders long-term development [7][21]. -金鸿顺 has seen repeated attempts by its second-largest shareholder to remove the chairman due to absenteeism, linked to the controlling shareholder's debt crisis, leading to a power struggle [8][22]. - ST路通 has experienced a dramatic power struggle, with new shareholders attempting to oust the original management, resulting in legal disputes and governance chaos [9][23][24]. Group 2: Governance Issues - The internal conflicts reflect common governance issues such as imbalanced shareholding structures, ineffective governance mechanisms, and unequal distribution of interests, which have long been latent and erupted at specific points [11][25]. - The instability of shareholding structures is a key factor in internal conflicts, as seen in Dream洁股份's loss of a controlling shareholder and the close shareholding in Reliable股份, leading to ongoing confrontations [12][26]. - Governance mechanisms in some companies have become ineffective, with board operations being dominated by a few individuals, and independent directors failing to play their roles effectively, exacerbating internal conflicts [13][27]. - Unequal distribution of interests and lack of communication mechanisms have escalated minor disagreements into major conflicts, as seen in艾比森 and Reliable股份, where shareholder interests are not adequately represented [14][28]. Group 3: Path to Resolution - The surge of internal conflicts in 2025 serves as a warning for governance optimization in A-share listed companies, necessitating a collaborative effort from enterprises, regulators, and the market to strengthen governance foundations [15][29]. - Companies should solidify their shareholding structures and establish clear boundaries and exit mechanisms when introducing strategic investors to prevent future conflicts [29]. - Improving governance mechanisms is essential, including standardizing board and shareholder meeting operations, enhancing the independence and professionalism of independent directors, and ensuring compliance with disclosure requirements [29]. - Balancing interest distribution and establishing a compensation system linked to company performance and governance levels are crucial for maintaining harmony among stakeholders [29][30].

Core Viewpoint - Hunan Mengjie Home Textile Co., Ltd. is undergoing a board restructuring to enhance its governance structure, which is expected to lead to a new period of stability and optimization [1] Group 1: Governance Changes - The company has approved amendments to its Articles of Association and initiated a board election to align with legal requirements and improve governance [1] - The current board's composition does not meet the revised Articles of Association, and it lacks employee representative directors [1] - The board's term is set for three years, with the next election scheduled before February 2, 2026, to avoid governance gaps and ensure decision-making continuity [1] Group 2: Management and Internal Control - The company is addressing issues highlighted in the Administrative Regulatory Measures Decision Document and is committed to timely rectification [3] - The board restructuring is seen as a key measure to enhance governance and compliance, reflecting the company's proactive response to regulatory expectations [3] Group 3: Financial Performance - Despite governance changes, the company's core business remains resilient, with normal operations across production lines and sales channels [3] - For the first three quarters, the company reported a net profit of 26.52 million yuan, a year-on-year increase of 28.69%, with continuous growth in net profit for four consecutive quarters [3] - The company has maintained its position as the top seller of high-end bedding products in China for 16 consecutive years, indicating effective transformation in its main business [3]

Core Viewpoint - The board of directors of Dream Jie Co., Ltd. (002397) held a meeting on December 22, 2025, where a proposal to amend the company's articles of association was passed despite dissent from board member Chen Jie, who raised concerns about the concentration of power and governance issues within the board [1][2][3]. Group 1: Board Meeting and Voting Outcomes - The board meeting was attended by all 8 directors, with independent director Qin Zheng participating via remote voting [1]. - The proposal to amend the articles of association was approved with a vote of 7 in favor, 1 against, and 0 abstentions [2]. Group 2: Opposition and Concerns Raised - Chen Jie voted against the proposal, arguing that it would allow a minority to control the board, undermining the interests of all shareholders [3]. - The amendment reduces the board from 11 to 7 members, potentially giving Chairman Jiang Tianwu disproportionate control over board operations [3]. Group 3: Qualifications of Board Members - Chen Jie expressed concerns about Jiang Tianwu's qualifications to serve as a non-independent director, citing past regulatory penalties for failure to disclose non-operational related transactions and other violations [4][6]. - Chen Jie highlighted that Jiang Tianwu's continued role as chairman could jeopardize the company's governance and the interests of minority investors [4][6]. Group 4: Allegations and Company Response - Chen Jie has been a vocal critic, having voted against various proposals since joining the board, and has made serious allegations against Jiang Tianwu and other executives, including contract fraud and misappropriation of funds [8][9]. - Dream Jie Co., Ltd. issued a statement denying Chen Jie's allegations, asserting that they are unfounded and damaging to the company's reputation [9]. Group 5: Company Performance and Financials - Dream Jie Co., Ltd. has faced declining revenues, with sales dropping from 2.463 billion to 1.715 billion from 2021 to 2024, and consecutive losses in 2021 and 2022 [9]. - Despite a small profit in 2024, the company closed over 400 stores, and revenue for the first three quarters of 2025 still showed a decline of 7.97% year-on-year [9].

昨晚，梦洁股份发布公告，公司第七届董事会第十五次（临时）会议审议通过了《修订<公司章程>》 《董事会换届选举暨提名董事》等相关议案，公司治理结构优化工作进入关键阶段。 值得注意的是，原董事陈洁未进入新一届董事候选人名单。公告显示，新一届董事候选人包括非独立董 事姜天武、李军、易浩，独立董事陈共荣、杨平波、郑鹏程，职工代表董事将由公司职工代表大会另行 选举产生。 公告显示，当前梦洁股份董事会在任董事人数与拟修订《公司章程》规定人数不符，且未包含职工代表 董事。同时，公司实际控制权已于2025年8月11日发生变更。因当前董事人数与拟修订后章程要求不匹 配，为完善公司治理结构、规范治理体系，依据相关法律法规，公司启动董事会换届选举工作。 会议审议通过了《关于修订 <公司章程> 的议案》，表决结果为7票赞成、1票反对、0票弃权。反对票 由董事陈洁投出。理由为修订将导致董事会决策机构被少数人控制，不利于保障全体股东利益。 智通财经12月24日讯（记者 黄路）梦洁股份（002397,SZ）董事会开始换届，与公司多次擦出"火药 味"的陈洁未进入新一届董事候选人名单，或面临出局。 此外，会议还审议通过了《关于修订 <董事会议 ...

Core Viewpoint - Mengjie Co., Ltd. (002397) announced plans to reorganize its board of directors, reducing the number of non-independent directors from 7 to 4, including a worker representative director, to improve corporate governance and avoid a governance "vacuum" after a change in actual control in August 2025 [1][2] Group 1 - The board reorganization will include current chairman Jiang Tianwu, current director Li Jun, and current director Yi Hao, who is the son-in-law of Jiang Tianwu [1] - Current director Chen Jie will exit the board following the reorganization, having been nominated by the former controlling shareholder Changsha Jinsen [1][2] - The company aims to ensure continuity in decision-making and operational stability through this early initiation of governance structure improvement [1][2] Group 2 - Chen Jie has opposed the board seat reduction and raised concerns about the qualifications of Jiang Tianwu and Li Jun, citing their past regulatory penalties [2] - Mengjie Co., Ltd. responded that the qualifications of Jiang Tianwu and Li Jun are compliant, and past issues have been rectified [2] - The company is currently under a regulatory correction period following a notice from the Hunan Securities Regulatory Bureau but maintains that operations are unaffected by the board reorganization [2] Group 3 - The board reorganization proposal is set to be submitted for review at a temporary shareholders' meeting on January 8, 2026 [3] - Currently, Mengjie Co., Ltd. has no controlling shareholder, with Jiang Tianwu and Yi Hao holding a combined 13.53% stake, while Changsha Jinsen holds 10.30% [3] - The second-largest shareholder, Wu Jing, holds 10.65% and has announced plans to transfer shares to Qingyun Digital Technology, although the transaction has not yet been completed [3]

公告显示，梦洁股份第七届董事会任期为三年，即在2026年2月2日届满之前需完成董事会换届工作。为 避免治理"真空期"、保障公司决策连续性与经营稳定性，公司适当提前启动相应工作，是合规前提下的 必要治理预案。时间线上，梦洁股份本次董事会换届工作流程清晰、衔接紧密。公司此前已召开提名委 员会会议，对董事候选人资格进行前置审核；并于12月22日召开董事会审议换届议案。按照规划，相关 议案拟于2026年1月8日提交临时股东会审议。整体来看，此次流程系严格遵循《公司法》《上市公司治 理准则》等法律法规中关于董事会换届选举的强制性规定。 北京商报讯（记者 张君花）12月23日，梦洁股份披露第七届董事会第十五次（临时）会议决议相关公 告称，审议通过了《修订<公司章程>》以及董事会换届选举暨提名董事的相关议案，公司董事会在任 的董事人数与拟修订的《公司章程》规定的人数不符，亦未包含职工代表董事；同时，公司实际控制权 已于2025年8月11日发生变更，为尽快完善公司治理结构，规范公司的治理体系，公司根据《公司法》 《深圳证券交易所股票上市规则》等法律法规、规范性文件及《公司章程》的相关规定，对董事会进行 换届选举。 ...

湖南梦洁家纺股份有限公司（章程） 湖南梦洁家纺股份有限公司 章程 二〇二五年十二月 1 湖南梦洁家纺股份有限公司（章程） | 第一章总 | 则 | 4 | | --- | --- | --- | | 第二章经营宗旨和范围 | | 5 | | 第三章股 | 份 | 5 | | 第一节 | 股份发行 | 5 | | 第二节 | 股份增减和回购 | 6 | | 第三节 | 股份转让 | 7 | | 第四章股东和股东会 | | 8 | | 第一节 | 股东的一般规定 | 8 | | 第二节 | 控股股东和实际控制人 | 11 | | 第三节 | 股东会的一般规定 | 12 | | 第四节 | 股东会的召集 | 15 | | 第五节 | 股东会的提案与通知 | 16 | | 第六节 | 股东会的召开 | 17 | | 第七节 | 股东会的表决和决议 | 19 | | 第五章董事和董事会 | | 22 | | 第一节 | 董事的一般规定 | 22 | | 第二节 | 董事会 | 25 | | 第三节 | 独立董事 | 29 | | 第四节 | 董事会专门委员会 | 32 | | 第六章高级管理人员 | | 33 | | ...

湖南梦洁家纺股份有限公司 董事会议事规则 湖南梦洁家纺股份有限公司 第二章 董事会 第三条 董事会由七名董事组成，设董事长一人，可以设副董事长，公司董 事包括独立董事。董事长和副董事长由董事会以全体董事的过半数选举产生。 公司董事会中职工代表担任的董事不少于一人，董事会中的职工代表由公司 职工通过职工代表大会、职工大会或者其他形式民主选举产生后，直接进入董事 会。 董事会议事规则 （2025 年 12 月修订） 第一章 总 则 第一条 为进一步规范湖南梦洁家纺股份有限公司（以下简称"公司"）董事 会的议事方式和决策程序，促使公司董事和董事会有效地履行其职责，提高公司 董事会规范运作和科学决策水平，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司治理准则》《深圳证券交易所股票上市规则》及其有关法律、 法规和《湖南梦洁家纺股份有限公司章程》（以下简称"《公司章程》"）的有关规 定，并结合公司的实际，制定本规则。 第二条 公司设董事会，对股东会负责。董事会是公司经营管理的决策机构， 维护公司和全体股东的利益，负责公司发展目标和重大经营活动的决策。 公司设证券部，处理董事会日常事务。 证券部负责人 ...

证券代码：002397 证券简称：梦洁股份 公告编号：2025-049 湖南梦洁家纺股份有限公司 关于董事会换届选举的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 湖南梦洁家纺股份有限公司董事会 2025 年 12 月 24 日 鉴于湖南梦洁家纺股份有限公司（以下简称"公司"）第七届董事会即将于 2026 年 2 月 2 日届满，根据拟修订的《湖南梦洁家纺股份有限公司章程》（以下 简称"《公司章程》"）第一百一十八条规定，董事会由七名董事组成，董事中职 工代表担任的董事不少于一人。公司董事会目前在任的董事人数与拟修订的《公 司章程》规定的人数不符，亦未包含职工代表董事；且公司实际控制权已于 2025 年 8 月 11 日发生变更，为尽快完善公司治理结构，规范公司的治理体系，公司 根据《公司法》《深圳证券交易所股票上市规则》等法律法规、规范性文件及《公 司章程》的相关规定，对公司董事会进行换届选举。 公司于 2025 年 12 月 22 日召开第七届董事会第十五次（临时）会议，审议 通过了《关于董事会换届选举暨提名第八届董事会非独立董事的议案》《关于董 ...

声明人郑鹏程作为湖南梦洁家纺股份有限公司第八届 董事会独立董事候选人，已充分了解并同意由提名人湖南 梦洁家纺股份有限公司董事会提名为湖南梦洁家纺股份有 限公司（以下简称该公司）第八届董事会独立董事候选人。 现公开声明和保证，本人与该公司之间不存在任何影响本 人独立性的关系，且符合相关法律、行政法规、部门规章、 规范性文件和深圳证券交易所业务规则对独立董事候选人 任职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过湖南梦洁家纺股份有限公司第七届 董事会提名委员会或者独立董事专门会议资格审查，提名 人与本人不存在利害关系或者其他可能影响独立履职情形 的密切关系。 上市公司独立董事候选人声明与承诺 ☑ 是 □ 否 如否，请详细说明：______________________________ 三、本人符合中国证监会《上市公司独立董事管理办 法》和深圳证券交易所业务规则规定的独立董事任职资格 和条件。 ☑ 是 □ 否 如否，请详细说明：______________________________ 四、本人符合该公司章程规定的独立董事任职条件。 ☑ 是 □ 否 ☑ 是 □ 否 如否，请详细说明：_____ ...