Group 1 - The only opposing vote in the recent board election came from Ding Yanhui, who expressed dissatisfaction with the chairman's compensation, which is 4.3556 million yuan, an increase of 1.4711 million yuan from the previous year [1][4] - Ding Yanhui clarified that his opposition was not solely about salary but rather dissatisfaction with the company's incentive mechanism and concentrated shareholding structure, which he believes hinders corporate governance [1][2] - The company, Abison, was founded in 2001 and is a leading provider of LED display applications and services globally, reporting revenue of 2.872 billion yuan and a net profit of 185 million yuan for the first three quarters of 2025 [3]

Core Viewpoint - The recent board resolution announcement from A-share listed company Absen has sparked market discussions, particularly due to the unique situation where the founder and chairman Ding Yanhui cast the only dissenting vote against his own election, citing dissatisfaction with the chairman's salary of 4.35 million yuan [1][11]. Group 1: Voting and Reactions - During the first meeting of the sixth board of directors on November 28, 2025, all 9 directors attended, and the election of the chairman resulted in 8 votes in favor and 1 vote against, which was from Ding Yanhui himself [3][13]. - The announcement of Ding's dissent quickly gained traction on social media, with mixed reactions from netizens questioning why he was dissatisfied with a salary of 4.35 million yuan [3][13]. Group 2: Salary Data - Ding Yanhui's pre-tax remuneration for 2024 was 4.3556 million yuan, which includes 1.7399 million yuan from the employee stock ownership plan, marking a 51% increase from 2.8845 million yuan in 2023 [5][15]. - Over five years, his salary has increased nearly fivefold from 730,000 yuan in 2020 to 4.3556 million yuan in 2024 [5][15]. - Compared to peers, Ding's salary is significantly higher, with the chairman of Leyard earning 1.051 million yuan, and others earning even less, indicating that Ding's compensation is more than double the average salary of 2.0971 million yuan for other executives at Absen [5][16]. Group 3: Company Performance - In 2024, Absen reported a revenue of 3.663 billion yuan, a year-on-year decline of 8.58%, and a net profit attributable to shareholders of 117 million yuan, down 62.98% [6][16]. - However, in the first three quarters of 2025, the company showed signs of recovery with a revenue of 2.872 billion yuan, up 5.66%, and a net profit of 185 million yuan, up 57.33% [6][16]. Group 4: Company Response and Governance Issues - In response to the public outcry regarding Ding's salary dissatisfaction, Absen clarified that the statement was a clerical error, and Ding's actual concern was about the overall incentive mechanism of the company [7][17]. - Ding aims to push for reforms in the company's governance structure, focusing on optimizing governance, improving the distribution of benefits, and adjusting the incentive mechanisms [7][17]. Group 5: Shareholder Dynamics and Market Reaction - As the founder and actual controller of Absen, Ding holds approximately 12.5 million shares, accounting for 33.78% of the total share capital, with a market value of around 2 billion yuan [8][18]. - Ding's limited influence over his own salary is highlighted by his absence from the compensation and assessment committee, which is led by another individual [9][21]. - Following the "self-opposition" incident, Absen's stock price fell by 1.36% to 16.01 yuan per share, with a total market capitalization of approximately 5.9 billion yuan [10][22]. - The incident has drawn attention to potential adjustments in the executive compensation system, with the board also passing a proposal to revise the senior management compensation management system [10][23].

Core Viewpoint - The only dissenting vote in a recent board decision came from Ding Yanhui, who expressed dissatisfaction with the chairman's compensation, which sparked discussions on social media about the appropriateness of a salary of 4.35 million yuan [1][2]. Group 1: Compensation and Governance - Ding Yanhui's dissenting vote was initially attributed to dissatisfaction with his salary, but he later clarified that his real concern was with the company's incentive mechanism and the concentrated ownership structure, which he believes hinders governance [3]. - According to the 2024 annual report, Ding Yanhui's salary was 4.3556 million yuan, an increase of 1.4711 million yuan from the previous year [4]. Group 2: Company Background - Aibisen, founded in 2001, is a leading provider of LED display applications and services globally. In the first three quarters of 2025, the company reported revenues of 2.872 billion yuan and a net profit attributable to shareholders of 185 million yuan [3].

Core Points - Absen (300389.SZ) recently held its first meeting of the sixth board of directors, where founder Ding Yanhui was re-elected as chairman with a vote of 8 to 1, with the sole opposing vote coming from himself due to dissatisfaction with his salary [1][3] - Ding Yanhui clarified that his opposition was not about his salary but rather about the company's incentive mechanism, highlighting concerns over the concentrated shareholding structure of Absen [3] - For the first three quarters of 2025, Absen reported revenues of 2.872 billion yuan and a net profit attributable to shareholders of 185 million yuan [3] Company Information - Ding Yanhui's salary for 2024 was reported at 4.3556 million yuan, an increase of 1.4711 million yuan from the previous year [4] - Absen was founded in 2001 and is recognized as a leading provider of LED display applications and services globally [3][4] - Ding Yanhui has held various positions within the company and has been its chairman and legal representative since its inception [4]

Group 1 - The core point of the article is that Absen (300389.SZ) held its first meeting of the sixth board of directors, where founder Ding Yanhui was re-elected as chairman with a vote of 8:1, with the only opposing vote coming from himself due to dissatisfaction with his salary [1][3]. - Ding Yanhui's salary for 2024 is reported to be 4.3556 million yuan, an increase of 1.4711 million yuan from the previous year [4]. - The company has a concentrated shareholding structure, which Ding Yanhui believes is difficult to optimize through negotiation [4]. Group 2 - Absen was founded in 2001 and is a leading provider of LED display applications and services globally [4]. - For the first three quarters of 2025, Absen achieved a revenue of 2.872 billion yuan and a net profit attributable to shareholders of 185 million yuan [4]. - The unusual opposing vote from Ding Yanhui sparked discussions on social media, with comments highlighting the perceived inadequacy of his salary [2].

Group 1 - The core point of the article is that Absen (300389.SZ) held its first meeting of the sixth board of directors, where founder Ding Yanhui was re-elected as chairman with a vote of 8 to 1 [1] - The only opposing vote came from Ding Yanhui himself, who expressed dissatisfaction with the chairman's salary [3] - This unusual opposing vote sparked discussions on social media, with comments ranging from humor to surprise over his salary of 4.3556 million yuan [4] Group 2 - Absen, founded in 2001, is a leading global provider of true LED display applications and services [6] - For the first three quarters of 2025, Absen reported revenue of 2.872 billion yuan and a net profit attributable to shareholders of 185 million yuan [6] - According to Absen's 2024 annual report, Ding Yanhui's salary increased by 1.4711 million yuan compared to the previous year, totaling 4.3556 million yuan [7]

Core Viewpoint - The recent board meeting of Aibisen revealed a conflict as the newly elected chairman, Ding Yanhui, voted against his own election due to dissatisfaction with the chairman's salary [1][3]. Group 1: Board Meeting and Election - Aibisen's board meeting on November 28 approved several resolutions, including the election of Ding Yanhui as the chairman of the sixth board [1]. - Ding Yanhui cast a dissenting vote against his own election, citing dissatisfaction with the remuneration for the chairman position [1]. Group 2: Financial Compensation - In the 2024 annual report, Ding Yanhui's pre-tax compensation from the company totaled 4.3556 million yuan, which included 1.7399 million yuan from the employee stock ownership plan [3]. - The total pre-tax compensation for other key executives includes: - Ding Chongbin: 3.3296 million yuan - Luo Yanjun: 2.9689 million yuan - Zhao Kai: 2.4855 million yuan - Zhao Yang: 1.9837 million yuan [4]. Group 3: Shareholding Structure - Ding Yanhui directly holds 125 million shares, accounting for 33.78% of the total share capital, making him the actual controller of the company [5][6]. - The second-largest shareholder is Deng Jiangbo, holding 61.3 million shares (16.61%) [6]. Group 4: Company Performance - Aibisen reported a revenue of 2.872 billion yuan for the first three quarters, representing a year-on-year increase of 5.66% [7]. - The net profit attributable to shareholders for the same period was 185 million yuan, showing a significant year-on-year growth of 57.33% [7]. - As of the latest closing, Aibisen's stock price was 16.01 yuan per share, with a total market capitalization of 5.909 billion yuan [7].

Core Viewpoint - The article highlights a significant governance issue within Aibisen, where the newly elected chairman, Ding Yanhui, voted against his own election due to dissatisfaction with the chairman's compensation package [1]. Group 1: Governance and Leadership - Aibisen's board meeting on November 28 approved multiple resolutions, including the election of Ding Yanhui as the chairman of the sixth board [1]. - Ding Yanhui cast a dissenting vote against his own election, citing dissatisfaction with the chairman's salary [1]. - Ding Yanhui received a total pre-tax compensation of 4.3556 million yuan in 2024, which included 1.7399 million yuan from the employee stock ownership plan [2]. Group 2: Shareholding Structure - Ding Yanhui is the actual controller of Aibisen, holding 124.67 million shares, which constitutes 33.78% of the total share capital [5]. - The second-largest shareholder is Deng Jiangbo, with 61.3 million shares, representing 16.61% of the total [5]. - The total shareholding of the top ten shareholders accounts for 72.78% of the company's total shares [5]. Group 3: Financial Performance - Aibisen reported a revenue of 2.872 billion yuan for the first three quarters, reflecting a year-on-year growth of 5.66% [6]. - The net profit attributable to shareholders for the same period was 185 million yuan, showing a significant increase of 57.33% year-on-year [6]. - As of the latest market close, Aibisen's stock price was 16.01 yuan per share, with a total market capitalization of 5.909 billion yuan [6].

Group 1 - The only opposing vote in the board meeting came from Ding Yanhui, who expressed dissatisfaction with the chairman's salary [1] - This unusual dissent sparked discussions on social media, with some users humorously commenting on the chairman's situation and others questioning the adequacy of a salary of 4.35 million [2] - According to the 2024 annual report of Aibisen, Ding Yanhui's salary was 4.3556 million, an increase of 1.4711 million compared to the previous year [5] Group 2 - Aibisen, founded in 2001, is a leading global provider of true LED display applications and services [4] - In the first three quarters of 2025, Aibisen achieved a revenue of 2.872 billion and a net profit attributable to the parent company of 185 million [4]

Group 1 - The ChiNext Index rose by 3.82%, and the Sci-Tech 50 Index surged over 7%, indicating a strong performance in the AI technology sector [1] - Tianpu Co., Ltd. achieved a five-day consecutive increase in stock price, reflecting positive market sentiment [1] - Companies like Feile Audio and Tianfu Communication are expanding their product offerings in automotive electronics and high-power semiconductor chips, respectively [3][5] Group 2 - Nvidia's CFO predicts that AI infrastructure spending will reach $3-4 trillion by 2030, highlighting the growing investment in AI technologies [3] - Longfly Optical Fiber, a leading global player in the optical fiber and cable industry, has secured projects with advanced hollow core technology [3] - Companies such as East Mountain Precision and Deep South Circuit are making significant moves in the PCB and electronic materials sectors, with acquisitions and expansions planned [5][6] Group 3 - The State Council has issued guidelines to promote the development of the satellite communication industry, indicating government support for this sector [6] - Companies like Aibisen and Tianfu Communication reported substantial year-on-year profit growth, with increases of 30.84% and 37.46%, respectively [6] - The domestic ETC chip market leader reported a 149.33% increase in net profit for the first half of the year, showcasing strong financial performance [6] Group 4 - The market transaction volume has consistently exceeded 2 trillion, with the Shanghai Composite Index reaching a 10-year high, reflecting robust market activity [10] - Companies in the rare earth sector, such as China Minmetals, are experiencing significant performance increases, driven by new regulatory measures [10] - The government is accelerating the cultivation of new growth points in service consumption and new consumption models, indicating a shift in economic focus [10]