齐云山IPO冰火两重天：股东分走4370万，员工社保却出"失误"？

Group 1 - The company, Qiyunshan Food Co., Ltd., has submitted its prospectus to the Hong Kong Stock Exchange for an IPO, with Zhongtai International as the sole sponsor [1] - From 2022 to 2024, Qiyunshan plans to distribute dividends of 4.9 million, 7.1 million, and 11.4 million respectively, with a total dividend payout of 43.7 million during the reporting period [2] - The controlling shareholder, Chongyi Food Factory, holds 75% of the shares, leading to concerns about potential "emptying" of retained earnings due to large dividend distributions before the public offering [2] Group 2 - The company has a significant history of underpaying social insurance and housing funds for employees, with total arrears amounting to approximately 10.5 million over three years [3] - The company attributed the underpayment to misunderstandings of applicable laws and regulations by responsible personnel [3] - A new legal standard regarding social insurance payments will take effect on September 1, 2025, rendering any agreements to not pay social insurance invalid [3]