可靠股份内斗白热化：离婚夫妻控制权之争波及独董景乃权被提请解职

Core Viewpoint - The recent dismissal of independent director Jing Naiquan by Reliable Co., Ltd. is a significant escalation in the ongoing power struggle between Chairman Jin Liwei and his ex-wife Bao Jia, highlighting internal governance issues within the company [1][5]. Group 1: Board Meeting and Dismissal - The board meeting on February 12, 2026, resulted in the dismissal of Jing Naiquan with a vote of 5 in favor and 2 against, with opposition from Bao Jia and Jing Naiquan himself, indicating a clear power struggle [2][4]. - The company cited three main reasons for the dismissal: loss of independence, failure to fulfill duties, and lack of professional ethics [2][3]. Group 2: Allegations and Counterarguments - Jing Naiquan was accused of "performing duties in a perfunctory manner," including leaving meetings early and refusing to sign meeting records, which he vehemently denied, claiming the reasons for his dismissal were unfounded and retaliatory [3][4]. - Bao Jia supported Jing Naiquan's position, arguing that his independence was evident through his consistent dissenting votes on various issues, including a controversial related-party transaction that led to regulatory scrutiny [4][6]. Group 3: Background of the Conflict - The conflict traces back to the personal and professional relationship between Jin Liwei and Bao Jia, who were once business partners and married, but their divorce in February 2024 led to a power imbalance in shareholding, intensifying the governance struggle [6][7]. - Following their divorce, both parties hold nearly equal shares, with Jin Liwei at 30.13% and Bao Jia at 29.13%, leading to a contentious board dynamic [6][7]. Group 4: Financial Impact - The internal conflict has severely impacted the company's market performance, with its stock price dropping over 60% from its listing price, resulting in a market capitalization loss exceeding 5 billion yuan [8]. - The upcoming shareholder meeting on March 12, 2026, will be crucial in determining the future governance structure, as the outcome may hinge on the support of minority shareholders [9].