ST路通“内斗”白热化：董事长被股东高票罢免，吴世春人马上位董事长

Core Viewpoint - The company ST Luton (300555.SZ) is experiencing a significant power struggle between shareholders and the board of directors, highlighted by the recent dismissal of key executives and the appointment of a new chairman, which has led to conflicting claims regarding the legality of the shareholder meeting and its resolutions [4][5][6]. Group 1: Board Restructuring - The original chairman Qiu Jingwei and vice president Fu Xinyue were removed from their positions by a high vote at the temporary shareholder meeting, with approximately 1.06 billion shares (87.18% of valid voting rights) supporting their dismissal [6][24]. - Tan Wenshu was elected as a non-independent director and subsequently appointed as the new chairman of the board [2][6]. - The board also saw the removal of three senior executives, including the general manager Gu Zhonghui, with Yu Tao appointed as the new general manager [6][8]. Group 2: Shareholder Dispute - Following the shareholder meeting, ST Luton issued a statement condemning the actions of certain shareholders who allegedly held an illegal temporary meeting, asserting that the resolutions made were not legally valid [4][9]. - The original management team claims that the meeting was improperly convened and that the company had already announced a postponement of the meeting [12][9]. - The conflict has escalated into a public dispute, with the board asserting the legality of the shareholder meeting and its resolutions [4][12]. Group 3: Background and Financial Performance - The power struggle began when Wu Shichun became the largest shareholder after acquiring a 7.44% stake for 150 million yuan, leading to multiple attempts to reorganize the board that were met with resistance [18][20]. - ST Luton has faced financial difficulties, reporting continuous losses over the past four years, with a net profit loss of 36.27 million yuan in the first three quarters of the current year, a 1.25% increase in losses year-on-year [24][25]. - The company has been under risk warning since February 1, 2023, due to non-operational fund occupation by its actual controller and related parties [24].