Core Viewpoint - The unusual voting scenario during the board meeting of Absen (300389.SZ) highlighted internal governance issues, with the chairman, Ding Yanhui, voting against his own re-election to signal the need for reform in the company's governance and compensation structure [2][3]. Group 1: Governance and Shareholding Structure - Ding Yanhui's dissenting vote was motivated by a desire to address the company's governance structure, which he believes is hindered by concentrated shareholding and unequal distribution of interests [3][5]. - The three founding shareholders, including Ding Yanhui, hold a significant portion of the company's shares: Ding holds 33.78%, while the other two founders hold 16.61% and 14.23%, respectively, leading to limited market participation from institutional investors [3][4]. - The concentrated ownership structure has resulted in decision-making inefficiencies, with major decisions potentially blocked by dissent from any of the three major shareholders [5]. Group 2: Compensation and Incentive Mechanisms - Ding Yanhui expressed dissatisfaction with the current compensation system, describing it as "unscientific and unreasonable," which has led to internal inequities in pay among employees [12][13]. - The company reported a significant increase in employee compensation, with total payable employee salaries reaching 156 million yuan, a 27.80% increase year-on-year, aligning with a 30.84% increase in net profit [10]. - Despite the increase in compensation, Ding Yanhui noted that the distribution mechanism has not kept pace with the company's growth, indicating a need for a more balanced approach to value creation among shareholders, the company, and employee incentives [10][11]. Group 3: Future Directions and Challenges - Ding Yanhui aims to establish a more modern and transparent board decision-making mechanism, emphasizing the importance of optimizing the shareholding structure as part of the reform process [6][11]. - The company is taking steps to address governance issues by hiring younger, highly educated professionals for key positions and engaging third-party consultants to revamp the compensation system [13]. - The internal conflict and governance challenges at Absen reflect broader issues faced by private enterprises in China as they transition towards modern governance practices [13].

有意思的是，唯一的反对票，来自丁彦辉本人，反对理由是"对董事长岗位薪酬不满意"。 12月2日，记者致电丁彦辉了解反对票背后的更多情况。 关于为何以薪酬为理由投出本次反对票，丁彦辉称，"这是董秘的笔误"，自己其实是对公司的激励机制 不满。 丁彦辉表示，股票是上市公司最重要的资产，股权结构是上市公司治理的根基。但目前来看，艾比森的 股权结构非常集中，且难以通过协商进行优化。 "针对股权结构过度集中的问题，我已与公司反复沟通却无果。任永红与邓江波两位股东始终不愿意减 持，公司治理结构无法得到优化。因此，我在董事长选举环节投出反对票。"丁彦辉说。 记者查询了解到，艾比森始创于2001年，是全球领先的至真LED显示应用与服务提供商。2025年前三季 度，艾比森实现收入28.72亿元，归母净利润1.85亿元。 这一反常的反对票，在社交平台上迅速激起讨论。有网友调侃："让董事长受委屈了"，也有网友直 言"435万元还不满意？" | :435万还不满意? 25-12-2 13:03 来自江苏 | خ ា ប៉ា ប៉ា 1 | | --- | --- | | ■ ■ 在办公室里笑出声了! 啊哈哈哈哈哈! | | | 25-1 ...

因对薪酬不满而拒任董事长？这戏剧性的一幕发生在一家来自深圳的上市公司。 近日，深圳市艾比森光电股份有限公司（下称艾比森，300389.SZ）发布第六届董事会第一次会议决议公告。在审议通过《关于选举第六届董事会董事长 的议案》时，丁彦辉当选为公司第六届董事会董事长，表决结果为8票同意，1票反对，其中投出反对票的正是丁彦辉本人，理由是对董事长岗位薪酬不满 意。 艾比森2025年三季报显示，截至2025年三季度末，公司前三大股东分别为丁彦辉、邓江波与任永红，持股比例分别为33.78%、16.61%和14.23%。任永红 还通过上海通怡投资管理有限公司-通怡明曦1号私募证券投资基金持股1.70%。 丁彦辉对媒体表示，艾比森上市超过10年，其多次增持。2022年，其通过定增的方式认购公司4100万股，资金来源为个人贷款2.6亿元。"公司上市以来股 权过度集中，流通盘很小，基金和投资者几乎没法参与。公司净资产回报率高达11%，经营发展得很好，我认为大股东应该让利给投资者，让出部分股权 给二级市场投资者。" 艾比森是一家 LED 显示应用与服务提供商，主营业务是为客户提供LED 大屏显示产品及专业视听解决方案。艾比森202 ...

Core Viewpoint - Yihualu (300212.SZ) plans to transfer 35% of its stake in Shandong Liaoyun Information Technology Co., Ltd. through a public listing on the Beijing Property Exchange, after which the company will no longer hold shares in Liaoyun [1] Group 1 - The transfer of Liaoyun's equity is a strategic decision aimed at optimizing the subsidiary's equity structure and enhancing asset liquidity [1] - The proceeds from this transaction will provide cash flow support for the company's operational development [1]

Core Viewpoint - The recent board meeting of Aibison (300389) resulted in the election of Ding Yanhui as the chairman, with a notable dissenting vote from Ding himself regarding his compensation, highlighting concerns over the company's concentrated shareholding structure [1][3][4]. Group 1: Board Meeting and Shareholding Structure - Aibison's board meeting approved Ding Yanhui as chairman with a vote of 8 in favor and 1 against, the dissenting vote being from Ding himself due to dissatisfaction with his compensation [1][3]. - Ding Yanhui holds a 33.78% stake in Aibison, while the second and third largest shareholders hold 16.61% and 14.23% respectively, indicating a highly concentrated ownership structure [3][4]. - Ding expressed concerns that the concentrated shareholding limits the company's governance and has attempted to negotiate changes without success [3][4]. Group 2: Financial Performance - Aibison reported a revenue of 2.872 billion yuan for the first three quarters of the year, reflecting a year-on-year growth of 5.66% [7]. - The company's net profit attributable to shareholders reached 185 million yuan, a significant increase of 57.33% year-on-year, while the net profit excluding non-recurring items surged by 107.40% [7]. Group 3: Executive Compensation - Ding Yanhui's pre-tax compensation for 2024 was reported at 4.3556 million yuan, which includes 1.7399 million yuan from an employee stock ownership plan, marking a 51% increase from the previous year [5][6].

智通财经APP讯，中际旭创(300308.SZ)公告，公司全资孙公司 VINCREST HOLDINGS PTE. LTD(简 称"VINCREST"，系公司子公司苏州智达泰跃科技有限公司之子公司)、原股东 INFIEVO Holding Pte. Ltd.(简称 "INFIEVO")以及新股东 Platinum Orchid B 2018 RSC Limited(简称"Platinum Orchid"，系 ADIA(阿布扎比投资局)间接持股的全资下属平台)、Daxue Investments Pte. Ltd.(简称"Daxue"，系淡马锡 间接持股的全资下属企业)、True Light Investments P Pte. Ltd.(简称"True Light"，系淡马锡间接全资持有 的独立子公司)拟合计出资 5.17亿美元对公司控股孙公司 TeraHop Pte. Ltd.(简称"TeraHop")进行增资，合 计认购 TeraHop 1608.9272 万股普通股。增资完成后，公司通过子公司苏州智达泰跃科技有限公司及孙 公司 VINCREST HOLDINGS PTE. LTD 合计持有 Teraho ...

Core Viewpoint - The announcement details an internal share transfer among the actual controllers of Tianjin Green Landscape Ecological Construction Co., Ltd. to optimize the shareholding structure, without affecting the overall control of the company [2][4]. Summary by Sections Share Transfer Agreement - The actual controllers, Lu Yunhui and Qi Yong, signed a share transfer agreement to transfer a total of 30,173,120 shares (9.86% of total share capital) to Tianjin Ruiheng Enterprise Management Partnership (Limited Partnership) at a price of 9.91 yuan per share, totaling 299,015,619.2 yuan [2][4][8]. Parties Involved - The transferee, Ruiheng Partnership, is managed by Qi Yuwei, the daughter of Lu Yunhui and Qi Yong, establishing them as concerted actors [2][4]. - The transfer does not involve market reduction or trigger a mandatory bid, ensuring that the total shareholding of the actual controllers remains unchanged [2][4]. Compliance and Lock-up Period - Ruiheng Partnership commits to adhere to the regulations set by the China Securities Regulatory Commission and Shenzhen Stock Exchange regarding share lock-up and reduction, specifically agreeing not to reduce the transferred shares within 12 months post-transfer [3][4]. Legal and Regulatory Compliance - The transfer complies with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, and will not impact the company's operational strategy, business model, financial status, or debt repayment capability [8].

Core Viewpoint - Green Eco (SZ 002887, closing price: 9.61 yuan) announced a share transfer agreement to optimize its equity structure, involving the transfer of approximately 30.17 million shares (9.86% of total share capital) to Ruiheng Partnership at a price of 9.91 yuan per share, totaling about 299 million yuan [1] Group 1: Share Transfer Details - The share transfer was executed between the actual controllers, Lu Yunhui and Qi Yong, and Ruiheng Partnership, who are considered concerted actors, meaning the transfer will not change the total shareholding or the actual controller of the company [1] - The transfer price of 9.91 yuan per share reflects a total transaction value of approximately 299 million yuan [1] Group 2: Company Financials - For the first half of 2025, Green Eco's revenue composition is entirely from the other construction industry, accounting for 100% [1] - As of the announcement, Green Eco's market capitalization stands at 2.9 billion yuan [1]

Core Viewpoint - The announcement reveals that the controlling shareholder and actual controller of Yiyigou, Li Yanfei, is transferring 5.23% of the company's total shares to board member Gan Meng at a price of 24 yuan per share, aiming to optimize the shareholder structure and enhance the company's competitive edge [1] Group 1 - The share transfer involves 5 million unrestricted circulating shares, representing 5.23% of the total share capital of Yiyigou [1] - The transfer price is set at 24 yuan per share, indicating a strategic move to bring in quality resources to support the company's development [1] - The transaction will not change the controlling shareholder or actual controller of the company, ensuring stability in governance [1] Group 2 - The company plans to collaborate with Gan Meng in areas such as industrial chain synergy, new business cultivation, and capital operations, aligning with its strategic layout [1] - The transfer is intended to introduce quality resources that will provide solid support for future business expansion and capital operations [1] - The announcement emphasizes the goal of enhancing the company's competitiveness and promoting sustainable development [1]

Core Viewpoint - Xiamen Junhe Holdings Co., Ltd. is auctioning 44.613 million shares of Jiujiang Bank, with an evaluation and starting price of 513 million yuan, indicating financial distress within the company and potential restructuring in Jiujiang Bank's shareholder structure [2][4][6]. Group 1: Shareholder Information - Xiamen Junhe is the seventh largest domestic shareholder of Jiujiang Bank, holding approximately 86.6531 million shares, which accounts for 3.04% of the total share capital [4][6]. - The auctioned shares represent 51.5% of Xiamen Junhe's total holdings in Jiujiang Bank [4]. Group 2: Financial Performance - Jiujiang Bank's financial performance has been under pressure, with a revenue of 8.03 billion yuan for the first three quarters of 2025, a year-on-year decline of 4.04%, while net profit increased by 3.94% to 866 million yuan [5][6]. - As of November 5, 2025, Jiujiang Bank's stock price was 2 HKD, with a total market capitalization of 5.695 billion HKD [5]. Group 3: Recent Developments - This auction is the second significant equity disposal for Jiujiang Bank, following a failed auction of 41.652 million shares held by another major shareholder, Jiangxi Baoshen Industrial Co., Ltd. [5]. - On October 31, 2025, Jiujiang Bank announced a new capital increase plan, intending to issue up to 860 million domestic shares and 175 million H-shares to enhance core tier one capital and optimize its equity structure [6].