Absen(SZ:300389) Mei Ri Jing Ji Xin Wen·2025-12-03 01:58Core Viewpoint - The actual controller of Aibisen, Ding Yanhui, expressed dissatisfaction with the company's governance structure and compensation distribution mechanisms, indicating a need for internal reform, which he initiated by voting against his own re-election as chairman [1][4][5]. Group 1: Company Governance and Compensation - Ding Yanhui's vote against his re-election was primarily aimed at highlighting issues within the company's governance and compensation systems, rather than personal dissatisfaction with his salary of 4.36 million yuan, which increased significantly by nearly 1.5 million yuan year-on-year [2][3]. - The company reported a revenue of 3.663 billion yuan and a net profit of 117 million yuan for 2024, showing declines of 8.58% and 62.98% respectively compared to the previous year, while the first three quarters of the current year showed improvements with revenues of 2.872 billion yuan and a net profit of 185 million yuan, reflecting year-on-year growth of 5.66% and 57.33% [3][4]. Group 2: Shareholding Structure and Reform Challenges - Aibisen's shareholding structure is concentrated among three founders, with Ding Yanhui holding 33.78%, which complicates decision-making and reform efforts due to potential resistance from other major shareholders [6][8]. - Ding Yanhui indicated that the lack of willingness from other major shareholders to reduce their stakes is a significant barrier to implementing necessary reforms, which he believes would benefit the company by allowing for greater market participation [6][7].