“上班照镜子、下班不关电脑要罚款”！高管称一晚罚款进账大几千

Group 1 - The recent controversy surrounding a senior executive at Minhua Holdings, known for its Zhi Huashi sofas, has sparked significant public discussion due to comments regarding employee fines and strict workplace regulations [1][2][3][7] - A leaked chat revealed that the executive imposed fines for various infractions, including eating at desks and not being present at workstations, with penalties ranging from 500 to 2000 HKD depending on the position of the employee [7] - Minhua Holdings has acknowledged the situation and is currently investigating the matter, with a response expected to be released following the investigation [7] Group 2 - Minhua Holdings has faced declining revenue and profit, reporting a revenue of 16.903 billion HKD for the year ending March 31, 2025, a decrease of 8.2% year-on-year, and a net profit of 2.063 billion HKD, down 10.4% [8] - Domestic sales have significantly dropped by 17.2%, contributing to a decrease in the proportion of domestic revenue from 65% to 58.7% of total income [8] - The company has reduced its workforce by over 3,700 employees, more than 10% of its total staff, in response to the downturn, while simultaneously increasing executive compensation by 20% [9] Group 3 - In early 2023, the company faced issues related to its Investor Relations (IR) executive, who was reported missing after being implicated in insider trading allegations against the company's actual controller [10][12] - The IR executive was penalized for insider trading, with a total of 1.09 million HKD confiscated and an equal amount in fines imposed by the Shenzhen Securities Regulatory Bureau [12]