双环传动股东大会存“蹊跷”拆分环动科技现疑云

Core Viewpoint - The article discusses the complexities surrounding the upcoming shareholder meeting of Shuanghuan Transmission, particularly regarding the spin-off of its subsidiary, Huandong Technology, and the voting dynamics involved in this decision [2][3]. Group 1: Shareholder Meeting Details - The shareholder meeting on March 20, 2024, will review the listing of Huandong Technology on the Sci-Tech Innovation Board, requiring a "double approval" due to the special resolution nature of the spin-off [2]. - A total of 349 shareholders and their proxies attended the meeting, representing 367,199,662 shares, which is 43.89% of the total voting shares [2]. - The effective voting shares calculated from the meeting were approximately 250 million, with about 117 million shares abstaining from voting, primarily attributed to the controlling shareholders [2]. Group 2: Controlling Shareholders and Voting Dynamics - The controlling shareholders of Shuanghuan Transmission include Wu Changhong, Chen Juhua, Chen Jianfeng, and Jiang Yiqing, who collectively hold 117 million shares, matching the number of abstained votes [2]. - A legal relationship exists among shareholders, with Ye Shanqiu being a relative of the controlling shareholders, which raises questions about the voting rights and the treatment of their shares in the context of the spin-off [3]. - The article questions why Ye Shanqiu's and Yaxing Investment's shares were not included in the voting calculations, despite being considered as acting in concert with the controlling shareholders [3][5]. Group 3: Implications of Voting Participation - If Ye Shanqiu and Yaxing Investment participated in the voting, it could significantly alter the outcome, as Ye Shanqiu alone holds 26.56 million shares, which could affect the majority needed for approval [5]. - The article emphasizes the need for clarification from Huandong Technology regarding the participation of these shareholders in the voting process, as it could have serious implications for the spin-off [5].