华设集团陷中小股东话语权之争 持股3.001%股东杭州中易坤拟向全体股东征集表决权 反对公司章程修订

Core Viewpoint - The core issue revolves around a power struggle between shareholders and the management of Huasheng Design Group, particularly regarding the proposed amendments to the company's articles of association concerning cumulative voting rights [2][4]. Shareholder Voting Rights - Hangzhou Zhongyikun Management Consulting Co., Ltd., holding 3.001% of Huasheng Group's shares, is seeking to collect voting rights from all shareholders to oppose all proposals at the upcoming 2026 first extraordinary general meeting [2][3]. - The voting rights collection period is set from January 7 to January 12, 2026, with the main contention being the adjustment of conditions for the application of cumulative voting in the company's articles of association [2][4]. Shareholding History - Hangzhou Zhongyikun's shareholding in Huasheng Group has increased from 1.97% in June 2025 to 3.001% by the end of 2025, making it one of the top ten circulating shareholders [3]. - The company attempted to nominate a director in December 2025, but the proposal received only 11.83% approval and was ultimately rejected [3]. Governance Dispute - The board of Huasheng Group rejected the nomination of a director from Hangzhou Zhongyikun, citing concerns about the candidate's qualifications and potential impact on the board's professional structure [3][4]. - The proposed amendment to the articles of association would limit cumulative voting to situations where a single shareholder or their concerted parties hold 30% or more of the shares, which could hinder the ability of minority shareholders to participate in governance [4][5]. Legal and Regulatory Context - Legal experts indicate that while a 3% shareholder has the legal right to collect voting rights, the success of this initiative depends on the support from securities service institutions for convenient authorization [5]. - The current shareholder structure of Huasheng Group is highly dispersed, with the top three shareholders holding only about 11% of the shares, which complicates governance and decision-making processes [5][6]. Current Developments - Following the announcement of the voting rights collection, some small shareholders have expressed support for Hangzhou Zhongyikun, indicating a willingness to delegate their voting rights [6].