“我要举报！”独家对话可靠股份二股东：财报披露缺失，6.5亿收购案“事先不知情”

Core Viewpoint - The recent third-quarter report of Reliable Co., Ltd. has faced strong opposition from its second-largest shareholder and director, Bao Jia, highlighting deep governance issues stemming from personal conflicts between her and the company's actual controller, Jin Liwei [2][21][34]. Financial Performance - In the third quarter, Reliable Co., Ltd. achieved a revenue of 280 million yuan, representing a year-on-year growth of 4.59%. However, the net profit attributable to shareholders was a loss of 294,200 yuan, with a non-recurring net profit loss of 1.6277 million yuan [4][24]. Governance Issues - Bao Jia has consistently opposed the company's reports, citing issues such as the concealment of investment project bankruptcies and the alleged misconduct of the actual controller regarding shareholding in suppliers. She claims that her dissenting opinions were altered or deleted in official announcements [2][5][12]. - The company has responded by asserting that all decisions and disclosures comply with relevant regulations and that the governance structure is functioning effectively [2][25]. Specific Allegations - Bao Jia raised seven specific objections regarding the third-quarter report, including: 1. Violations in related party transactions confirmed by regulatory warnings [25][26]. 2. Allegations of the actual controller's involvement in undisclosed shareholding arrangements with suppliers, which may involve significant conflicts of interest [27]. 3. Non-disclosure of a bankrupt investment project prior to the half-year report, raising concerns about the accuracy of financial disclosures [28]. 4. Suspicion regarding the authenticity of management and legal consulting fees, which have shown unusual fluctuations [30]. 5. Concerns about the actual controller's ongoing civil litigation and potential asset transfer risks [25][28]. 6. Criticism of the management team's operational capabilities and decision-making failures [25][28]. 7. A significant loss in the third quarter, questioning the management's effectiveness [25][28]. Shareholder Dynamics - The conflict between Bao Jia and Jin Liwei has escalated since their divorce in February 2024, leading to a power struggle within the company's governance [34][36]. - Bao Jia has attempted to convene extraordinary shareholder meetings to address governance issues, but these proposals have been consistently blocked by the board [37]. Recent Developments - On October 30, Reliable Co., Ltd. announced plans to acquire at least 60% of Shanghai Hanhe Paper Industry Co., Ltd. for a cash consideration of up to 650 million yuan. Bao Jia expressed that she was unaware of this significant investment decision until after the announcement, raising concerns about governance and decision-making transparency [38].