Core Viewpoint - The recent proposal by Yin Rongzao, CEO of Borante Robotics, to grant himself a fixed monthly salary of 2 million yuan has sparked controversy, leading to accusations from investors about potential mismanagement and company depletion [1][2]. Financial Performance - Borante's revenue and net profit have been in continuous decline from 2020 to 2023, with revenue dropping from 447.2 million yuan in 2020 to 201.2 million yuan in 2023, and net profit falling from 73.8 million yuan to a loss of 125.4 million yuan [1]. - Although there is a projected recovery in 2024 with revenue expected to rise to 330.7 million yuan, the company will still be operating at a loss [1]. Management and Governance Issues - Yin Rongzao's request for a high salary and bonuses is linked to the recent liquidation of the "Rongzao No. 1 Fund," which resulted in him losing significant voting power within the company [2][5]. - The upcoming extraordinary shareholders' meeting on August 18 is expected to address critical amendments to the company's articles of association, which could significantly impact its future direction [2][5]. Investor Relations - Investors, particularly Junlan Investment, have expressed concerns over Yin Rongzao's management style and the need for governance changes to protect shareholder interests [4][8]. - The relationship between Borante and its management has become strained, with reports indicating a disconnect between Yin Rongzao and other management members [8]. Market Position - Despite recent challenges, Borante remains a significant player in the robotics industry, ranking third in domestic shipment volumes [7]. - The company has a solid cash position with 150 million yuan on hand and no bank liabilities, which is considered a rare advantage in the current market [7].
董事长要求给自己发200万元月薪、还曾索要9位数年终奖,投资人怒了
Mei Ri Jing Ji Xin Wen·2025-08-14 23:18