LOOTOM(SZ:300555) 阿尔法工场研究院·2025-11-17 00:04Core Viewpoint - The article discusses the ongoing power struggle within ST Luton (300555.SZ) following the acquisition of a majority stake by Wu Shichun, highlighting conflicts between new and old shareholders, particularly regarding control over the board and company operations [4][8]. Shareholder Dynamics - Wu Shichun became the largest shareholder of ST Luton after acquiring 7.44% of shares through judicial auction, while the previous controlling shareholder, Lin Zhu, lost significant influence [4][10]. - The conflict escalated with Wu Shichun's attempts to gain control of the board, leading to multiple confrontations with Lin Zhu's faction [10][11]. Board Control Changes - On November 7, 2023, Wu Shichun's nominated director, Tan Wenshu, was elected as the new chairman, marking a significant shift in board control away from Lin Zhu's faction [11][12]. - The new board also appointed a new general manager, indicating a complete overhaul of the management team [12]. Legal and Operational Implications - Following the board changes, Lin Zhu's faction issued a statement rejecting the legitimacy of the recent shareholder meeting and the decisions made therein, indicating potential legal actions [12]. - Despite losing board control, Lin Zhu remains the actual controller of ST Luton, as no formal announcement of a change in control has been made [12]. Company Background - ST Luton, established in 2007, specializes in communication equipment and smart IoT applications, and has expanded into AI software development [10].