虽然我国《公司法》允许解除独董职务，独董辞职的案例也不 少，但被公司驱逐的案例非常少。独董一般被认为是"选贤任 能"的结果，本身又肩负监督公司的重任，其被公司驱逐且措 辞难听，难免引发市场关注，值得在此分析。 作者： 缪因知 封图：图虫创意 2026年2月24日，在深圳创业板上市的"成人护理品第一股"杭州可靠护理用品股份有限公司（下 称"可靠股份"，301009.SZ）发布《关于解除公司独董职务的公告》，称独董景乃权丧失独立 性，未尽到勤勉尽责义务，也缺乏独董的职业操守，不适合继续担任公司独董职务，董事会已经于 2月12日通过"解除其独董职务的议案"。 事情时隔12天才发公告，内部可能又博弈了一番，但拖得似乎久了些。公告的标题"解除公司独董 职务"也不太准确，因为独立董事（下称"独董"）的职务不能被董事会解除。根据《中华人民共和 国公司法》（下称《公司法》），独董和其他董事一样，不是由董事会选举罢免，而是由股东会选 举罢免。董事会决议通过的只是解除其独董职务的提议，要等待股东会投票通过。尽管2月2日刚 开过今年第一次股东会，为罢免独董，该公司宣布3月12日召开第二次股东会，唯一议程就是罢免 景乃权的董事职务。 ...

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The prices of petrochemical products are highly correlated with oil prices, and the gross margins of companies in the packaging, light - industry export, and personal care sectors are affected by oil price fluctuations. However, companies can end the negative correlation between gross margin and oil price through price - conduction mechanisms, cost - control optimization, and product - structure upgrading. There are significant differences in the performance of different companies in terms of gross margin and stock price [4][11]. 3. Summary by Relevant Catalogs 3.1 Petrochemical Raw Materials in Different Sectors - In the packaging sector, companies like New Giant Hand, Yongxin Co., Ltd., Jialian Technology Co., Ltd., Gongchuang Lawn Co., Ltd., and Tianzhen Co., Ltd. use polyethylene, PE film, PP, etc. as raw materials, with the proportion of petrochemical raw materials in operating costs ranging from 20% to 64% [3]. - In the light - industry export sector, companies such as Haixiang New Materials Co., Ltd., Aili Home Co., Ltd., Mengbaihe Co., Ltd., Yuma Sunshade Co., Ltd., and Zhejiang Natural Co., Ltd. use PVC resin powder, ether, TDI, etc., with the proportion of petrochemical raw materials in operating costs ranging from 22% to 36% [3]. - In the personal care sector, companies including Baiya Co., Ltd., Yiyi Co., Ltd., Keao Co., Ltd., and Mengyue Care Co., Ltd. use non - woven fabrics, PE film, SAP, etc., with the proportion of petrochemical raw materials in operating costs ranging from 39% to 48% [3]. 3.2 Oil Price Fluctuations and Company Gross Margins - The two recent periods of unilateral upward oil prices were from 2016Q2 - 2018Q3 and 2020Q3 - 2022Q3. In the second cycle, from 2020Q3 - 2022Q3, Brent crude oil rose by $71.1 per barrel, a 195% increase. The gross margin differentiation of relevant companies was more obvious than in the first cycle. For example, the gross margin declines of Yongxin Co., Ltd., Jialian Technology Co., Ltd., and Yuma Sunshade Co., Ltd. were significantly lower than those of other companies, and Baiya Co., Ltd. achieved an increase in gross margin [6][12]. - In 2020, due to the global pandemic and the price war among oil - producing countries, oil prices were at a historical low, but the profitability of the sector did not increase collectively. One reason was that most companies implemented the new revenue standard, including transportation, customs clearance, and port charges in costs. In addition, the appreciation of the RMB also had a negative impact on gross margin. From 2021 - 2022, with economic stimulus policies and high inflation, oil prices were high. In 2021, the profitability of the sector continued to be under pressure. In 2022, although oil prices continued to rise, thanks to price increases and the company's own management efforts, the overall profit - margin fluctuations began to narrow, and the profit margins of some companies started to reverse [9]. - From 2020Q3 - 2021Q4, the gross margins of relevant companies were affected by oil prices and declined unilaterally for multiple consecutive quarters. In 2022, although oil prices continued to rise in the first and second quarters, companies' gross margins generally improved quarter - on - quarter through price - conduction mechanisms, cost - control optimization, and product - structure upgrading, ending the negative correlation in advance [11]. 3.3 Raw Material Procurement and Product Pricing Mechanisms - Different companies have different raw - material procurement and product - pricing mechanisms. For example, New Giant Hand uses spot procurement with a short inventory cycle and determines prices with major customers at the end of each year; Yongxin Co., Ltd. purchases raw materials at market prices and adjusts product prices according to raw - material price ranges; Jialian Technology Co., Ltd. uses centralized procurement and determines prices through order negotiation [20]. 3.4 Companies with Stronger Profit - Margin Resilience - Yongxin Co., Ltd., Yuma Sunshade Co., Ltd., Zhejiang Natural Co., Ltd., and Baiya Co., Ltd. showed better profit - margin resilience. Yongxin Co., Ltd. extended its industrial chain and had pricing power; Yuma Sunshade Co., Ltd. had a large number of SKUs and strong pricing power for new products; Zhejiang Natural Co., Ltd. customized products and considered multiple factors for pricing; Baiya Co., Ltd. had stable profits in the consumer - goods model [24].

证券代码：301009 证券简称：可靠股份 公告编号：2026-011 杭州可靠护理用品股份有限公司 关于取消召开 2026 年第二次临时股东会的公告 2、取消股东会会议的召集人：董事会 3、取消股东会会议的会议时间： （1）现场会议时间：2026 年 3 月 12 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 3 月 12 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互 联网投票系统投票的具体时间为 2026 年 3 月 12 日 9:15 至 15:00 的任意时间。 4、取消股东会会议的召开方式：现场表决与网络投票相结合。 5、取消股东会会议的股权登记日：2026 年 3 月 6 日 二、取消股东会会议的原因及后续处理 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 杭州可靠护理用品股份有限公司（以下简称"公司"）于 2026 年 2 月 28 日召开第五届董事会第十八次（临时）会议，审议通过了《关于取消召开 2026 年第二次临时股东会的议案》，同意取消原定 ...

证券代码：301009 证券简称：可靠股份 公告编号：2026-010 杭州可靠护理用品股份有限公司（以下简称"公司"）第五届董事会第十八 次（临时）会议于 2026 年 2 月 28 日在杭州市余杭区向往街 1118 号英国中心 T6-28 层公司会议室以现场结合网络会议方式召开。会议通知已于 2026 年 2 月 28 日以 电话及电子邮件等方式送达全体董事，召集人已就本次会议召开紧急情况在会议 上作出说明。本次会议应出席董事 7 人，实际出席董事 7 人（其中董事鲍佳女士、 独立董事肖炜麟先生、独立董事景乃权先生以网络会议方式审议表决），会议由 董事长金利伟先生主持，公司部分高级管理人员列席。会议召开符合有关法律、 法规、规章和《公司章程》的规定。 二、董事会会议审议情况 1、审议通过《关于取消召开 2026 年第二次临时股东会的议案》 经审议，同意公司取消原定于 2026 年 3 月 12 日（星期四）下午 14:30 召开 2026 年第二次临时股东会。 具体内容详见公司同日披露在巨潮资讯网（www.cninfo.com.cn）的相关公告。 表决结果：同意 7 票，反对 0 票，弃权 0 票，获得通 ...

Core Viewpoint - The internal conflict within Reliable Co., known as the "first stock of adult diapers," has intensified, highlighted by the removal of an independent director by the controlling shareholder and a 20,000-word rebuttal from the ex-wife of the controlling shareholder [1][2]. Group 1 - The controlling shareholder of Reliable Co. has dismissed an independent director, indicating escalating internal strife within the company [1]. - The ex-wife of the controlling shareholder has issued a lengthy 20,000-word response, suggesting significant personal and corporate tensions [1][2]. - This internal conflict may impact the company's governance and operational stability, raising concerns among investors [1].

Core Viewpoint - The internal conflict at Reliable Co. has escalated, focusing on the controversy surrounding the compensation of director Bao Jia, who is the ex-wife of the chairman, and the proposed dismissal of independent director Jing Naiquan due to alleged loss of independence and diligence [3][4][5]. Group 1: Board Decisions and Controversies - Reliable Co. announced the proposal to dismiss independent director Jing Naiquan, citing his loss of independence and failure to fulfill his duties, which has drawn significant attention from the capital market [3]. - The controversy originated from a meeting of the compensation and assessment committee regarding Bao Jia's compensation, which amounted to 2.43 million yuan for 2024, including a salary of 1.2 million yuan and a business commission of 1.2255 million yuan [3][4]. - Jing Naiquan suggested continuing to pay Bao Jia through a "director allowance," which contradicts the company's regulations that state non-independent directors should not receive such allowances [4]. Group 2: Allegations Against Jing Naiquan - Reliable Co. accused Jing Naiquan of showing bias during the meeting and attempting to obstruct compliance audits and performance evaluations, which led to claims that he had become a representative of specific shareholder interests rather than an independent overseer [4]. - Jing Naiquan's behavior during the meeting included making extreme statements and failing to review materials as required, which constituted a lack of diligence [4][5]. - The company highlighted inappropriate conduct by Jing Naiquan, including verbal attacks on two secretaries and a refusal to sign meeting records, further questioning his professional ethics [4]. Group 3: Responses from Involved Parties - The company’s secretary, Wang Xiangting, stated that the key reason for proposing Jing Naiquan's dismissal was his disregard for the interests of the company and minority shareholders, which has negatively impacted the company's reputation [5]. - Both Bao Jia and Jing Naiquan opposed the dismissal, with Bao Jia claiming it was retaliation from the controlling shareholder for Jing Naiquan's independent stance [5][6]. - Jing Naiquan described the reasons for his proposed dismissal as absurd and a serious challenge to the independent director system, asserting that he acted in the interests of minority shareholders [6]. Group 4: Background Information - Bao Jia, the director at the center of the controversy, is the ex-wife of the chairman, Jin Liwei, and they were previously married while jointly contributing to the company's growth [8].

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 而景乃权方面则就薪酬问题回应表示，"一是，外部董事津贴是可靠大股东金利伟提名的董事一直在实 施的；二是，公司与鲍佳的劳动合同并未解除，却移除了其职务和工作，也没有指派工作。鲍佳多次不 管是公告还是开会都表示想要参与公司经营，这明摆着是大股东不想让她上班还借所谓的没上班打卡； 三是，不愿意其参与公司经营，也不愿意向金利伟提名的外部董事一样支付津贴。就如我反对意见表 述，在规则范围内，开除鲍佳，你再开会不付她钱。甚至利用目前制度漏洞，罢免鲍佳。规则是上市公 司的底线，不是骂街。" 王向亭表示，"鲍佳目前是作为董事身份履职，至于她说要参与公司经营，这个我没有得到这方面的信 息。目前，我们讨论的是作为董事她是履职的，她并没有作为员工在工作，但仍领取了高额的薪酬，本 身薪酬委员会也是在讨论这方面事情要如何解决。" 对于公司管理层点名景乃权"偏袒"董事鲍佳，有媒体查询公司过往公告发现，景乃权与鲍佳投票结果并 非完全一致。对此，王向亭进一步回应称，"绑定与否有时候不能跟投票结果（是否一致）直接划等 号，在一些跟个人利益不相关的事情上，可能一个投反对一 ...

Core Viewpoint - The conflict between the chairman Jin Liwei and director Bao Jia of Kexin Co., Ltd. has intensified, leading to the dismissal of independent director Jing Naiquan, raising concerns about the independence of the board [1][5][9] Group 1: Board Decisions and Voting - On February 23, Kexin Co. announced the dismissal of independent director Jing Naiquan, with 5 out of 7 board members voting in favor and 2 (Bao Jia and Jing Naiquan) voting against [2][3] - The company stated that Jing Naiquan lost his independence and failed to fulfill his duties as an independent director [2][5] Group 2: Reasons for Dismissal - The core reason for Jing Naiquan's dismissal was his alleged "collapse of independence" regarding matters involving Bao Jia's high salary, which Kexin Co. claims undermined the decision-making process [5][6] - Bao Jia argued that Jing Naiquan maintained independent judgment and that the dismissal was retaliation from Jin Liwei for his principled stance [4][5] Group 3: Salary Dispute - The central issue of contention is Bao Jia's reported salary of 2.43 million yuan for 2024, which he claims is justified and supported by arbitration records [7][9] - Kexin Co. contends that Bao Jia's high salary is inappropriate, especially since he did not work for the company in 2025, and that the company was misled into believing it was under "arbitration pressure" to pay [9] Group 4: Regulatory Concerns - A company secretary suggested that the Zhejiang Securities Regulatory Bureau conduct a special investigation into Kexin Co.'s related party transactions and the performance of independent directors, emphasizing the need for improved governance and oversight [1][9]

瑞财经 王敏 2月23日，杭州可靠护理用品股份有限公司（以下简称"可靠股份"）发布关于解除公司独立 董事职务的公告。 公告显示，独立董事景乃权丧失独立性，未尽到勤勉尽责义务，也缺乏独立董事的职业操守，不适合继 续担任公司独立董事职务，董事会提请解除其独立董事职务。 景乃权原定任期为2024年1月19日至公司第五届董事会届满之日止。解除景乃权独立董事职务后，其第 五届董事会薪酬与考核委员会召集人（主任委员）职务相应解除，亦不在公司担任其他任何职务。 届时，公司董事会成员人数将由7名变为6名，未低于法定最低人数，独立董事人数占比亦未低于董事会 成员的三分之一。 值得注意的是，《关于解除景乃权先生独立董事职务的议案》及《关于召开2026年第二次临时股东会的 议案》两项议案均以5票同意、2票反对的结果获得通过，反对票由董事鲍佳及独立董事景乃权投出。 可靠股份披露了长达20余页的公告附件，详细阐述了双方争议焦点。该议案尚需提交股东大会审议。 时间拉长，争议的导火索源于2025年12月23日召开的薪酬与考核委员会会议。会上讨论了鲍佳2024年薪 酬问题。 据披露，鲍佳2024年税前薪酬为243万元，其中120万元为年薪， ...

2月25日消息，可靠股份近日发布公告称，其董事会审议通过《关于解除景乃权先生独立董事职务的议 案》，同意解除景乃权独立董事职务，并同意将该事项提请公司股东会审议。 对于解除独董职务的原因，可靠股份表示，系因景乃权丧失独立性，未尽到勤勉尽责义务，也缺乏独立 董事的职业操守。在最新公告中，公司管理层直接点名景乃权"偏袒"董事鲍佳，拒绝参加相关会议并对 两任董秘存在言语不当、进行人身攻击的行为。 对此，景乃权则反击称公司解除职务"理由荒唐、肤浅且违法违规"，是与大股东因工作事项产生不同意 见而发起的解除，本次解除是对国内独董制度的严重挑衅。 值得注意的是，鲍佳是可靠股份实控人金利伟的前妻、公司前总经理。自2024年2月公告离婚至今，鲍 佳与金利伟之间的分歧已彻底公开化，公司内斗不断升级。自2024年4月起，鲍佳对包括各季度报告、 利润分配预案、关联交易议案及高管聘任等在内的多项议案密集投出反对或弃权票。 据媒体报道，可靠董秘王向亭回应此次争议时表示，"本次作出解除独董决议的关键，是独立董事景乃 权在董事鲍佳薪酬争议问题上罔顾公司与中小股东利益，违背了公司《第五届董事会薪酬方案》（以下 简称《方案》）。即《方案》规定 ...