Core Viewpoint - The chairman of Aibisen, Ding Yanhui, cast a dissenting vote against the election of the new board chairman due to dissatisfaction with the chairman's compensation and the company's governance structure [2][4][5]. Group 1: Governance Issues - Ding Yanhui expressed that the company's governance structure has serious problems, particularly regarding the concentrated shareholding and the lack of willingness from major shareholders to reduce their stakes, which hampers governance optimization [5][6]. - He highlighted the inadequacy of the company's incentive mechanisms and the unscientific nature of the compensation distribution system [6]. Group 2: Financial Performance - Aibisen reported a revenue of 2.872 billion yuan for the first three quarters of the year, representing a year-on-year increase of 5.66%. The revenue for the third quarter alone was 1.053 billion yuan, showing a growth of 14.5% compared to the same period last year [10]. - The net profit attributable to shareholders for the first three quarters was 185 million yuan, marking a significant year-on-year increase of 57.33%. The net profit for the third quarter reached approximately 69.05 million yuan, up 138.55% year-on-year [10]. Group 3: Compensation Details - Ding Yanhui directly holds 124,671,149 shares of the company, accounting for 33.78% of the total share capital, making him the actual controller of Aibisen [8]. - His pre-tax compensation for 2024 was reported at 4.3556 million yuan, which includes 1.7399 million yuan from the employee stock ownership plan. This represents a 51% increase from his 2023 salary of 2.8845 million yuan [8].

Core Viewpoint - The company Absen held its sixth board meeting, where the election of the chairman was approved with a vote of 8 in favor and 1 against, with the opposing vote coming from the current chairman, Ding Yanhui, who expressed dissatisfaction with the chairman's compensation [1][2]. Group 1: Board Meeting and Election - The sixth board meeting of Absen resulted in the election of the chairman, with 8 votes in favor and 1 against [1]. - Ding Yanhui, the current chairman, voted against the election due to dissatisfaction with the compensation for the chairman position [2]. Group 2: Chairman's Background - Ding Yanhui, born in 1973, is a Chinese national and has been the chairman and legal representative of Absen since its founding in 2001 [4]. - He has held various positions within the company and has extensive educational background, including studies at Tsinghua University [4]. Group 3: Compensation Details - In 2024, Ding Yanhui received a total pre-tax compensation of 4.3556 million yuan, which includes 1.7399 million yuan from an employee stock ownership plan [6]. - This represents a 51% increase from his 2023 salary of 2.8845 million yuan [6]. Group 4: Financial Performance - For the first three quarters of the year, Absen reported a revenue of 2.872 billion yuan, marking a year-on-year increase of 5.66% [8]. - The net profit attributable to shareholders for the same period was 185 million yuan, reflecting a significant year-on-year growth of 57.33% [8]. - In the third quarter alone, the company achieved a revenue of 1.053 billion yuan, with a year-on-year growth of 14.5% [8].

Core Viewpoint - Abison (300389) held its first meeting of the sixth board of directors on November 28, 2025, where several resolutions were passed, including the election of the chairman and the appointment of senior management [1] Group 1: Board Meeting and Management Changes - The board meeting resulted in the election of Ding Yanhui as the chairman, although he voted against his own election due to dissatisfaction with the chairman's salary [1] - Ding Yanhui received a pre-tax compensation of 4.3556 million yuan in 2024, which includes 1.7399 million yuan from the employee stock ownership plan, marking a 51% increase from his 2.8845 million yuan salary in 2023 [1][2] Group 2: Financial Performance - In 2024, the company reported total revenue of 3.663 billion yuan, a year-on-year decrease of 8.58%, and a net profit attributable to shareholders of 117 million yuan, down 62.98% [2] - The company attributed the revenue decline to a challenging economic environment and competitive landscape in the Chinese market, with revenue from this market dropping by 48.44% to approximately 738 million yuan [3] - Despite the challenges, the company experienced good growth in overseas markets and reported a revenue of 2.872 billion yuan in the first three quarters of the year, a year-on-year increase of 5.66%, with a net profit of 185 million yuan, up 57.33% [3] Group 3: Market Performance - As of the close on November 28, Abison's stock rose by 1.06%, trading at 16.18 yuan per share, with a total market capitalization of 5.972 billion yuan [4]