Absen(SZ:300389) Nan Fang Du Shi Bao·2025-12-03 16:40Core Viewpoint - The recent board meeting of Aibisen revealed significant internal governance issues, highlighted by Chairman Ding Yanhui's dissenting vote against his own re-election due to dissatisfaction with salary, which he claims is a facade for deeper systemic problems within the company [2][3]. Group 1: Governance Issues - Ding Yanhui's dissenting vote was a strategic move to draw attention to the company's governance and compensation distribution mechanisms, indicating a need for reform [2][3]. - The company faces challenges in decision-making efficiency due to the influence of major shareholders, which Ding believes hinders necessary reforms [3]. Group 2: Internal Structure and Management - The current human resources system is described as arbitrary, with older employees retaining high salaries despite underperformance compared to younger staff [3]. - The internal conflicts and management issues reflect a broader challenge faced by many companies in transitioning from startup success to sustainable operations, often leading to stagnation and potential decline [4][5]. Group 3: Need for Reform - Aibisen must address these governance and compensation issues promptly to avoid further discontent among employees and investors, indicating a critical need for a comprehensive reform plan [4]. - The situation underscores the importance of proactive governance and adaptability in maintaining a company's competitive edge and operational effectiveness [5].