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 and accusations of potential company misappropriation from investors, particularly Junlan Investment [1][2]. Financial Performance - Borante's financial data shows a significant decline in revenue and net profit from 2020 to 2023, with revenue dropping from 447.2 million yuan in 2020 to 201.2 million yuan in 2023, and net profit shifting from a profit of 73.8 million yuan to a loss of 125.4 million yuan [1]. - The company is projected to recover slightly in 2024, with expected revenue of 330.7 million yuan, but it will still operate at a loss of 47.4 million yuan [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 40% of his voting rights, prompting concerns about his control over the company [2][4]. - The upcoming extraordinary shareholders' meeting on August 18 is expected to address significant amendments to the company's articles of association, which could impact its future direction [2][4]. Investor Sentiment - Junlan Investment, as a significant shareholder, has expressed concerns about Yin Rongzao's management style and the company's governance, indicating a need for a more balanced approach to leadership [5][8]. - The relationship between Borante and its management is described as increasingly strained, with Yin Rongzao's actions perceived as detrimental to the company's interests [8]. Future Outlook - Investors are optimistic about the outcome of the upcoming shareholders' meeting, aiming to amend unreasonable company regulations and potentially remove Yin Rongzao from his position [9]. - The focus for Borante's future is on strengthening the company as a whole rather than individual leadership, with an emphasis on research and development to establish itself as a legitimate robotics enterprise [9].
知名机器人公司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:罢免他,公司已连亏3年半