日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

New board takes control of Shandong Shanshui after prolonged battle

(Xinhua) Updated: 2016-02-02 13:21

JINAN - A new board of directors has taken control of the Shandong Shanshui Cement Group Co, Ltd headquarters in Jinan, capital of Shandong province, following a prolonged power struggle, sources told Xinhua.

The boardroom battle began in December when Shandong Shansui's parent company and main operating entity, Hong Kong-listed China Shanshui Cement Group Limited, sacked former chairman Zhang Bin and several others associated with him to install a new board of directors.

Zhang and others sacked from China Shanshui's board were also members on the board of Shandong Shanshui, one of the largest cement producers in the country.

In a disclosure to the Hong Kong stock exchange on Dec 3, 2015, the newly appointed board of China Shanshui tried to appoint new directors and change the articles of association for the Shandong Shansui board.

But Shandong Shanshui, then still led by Zhang and the original board members, said the Dec 3 decision was ineffective because the Rules for the Implementation of the Law on Foreign-Capital Enterprises require such changes be approved by the government, which had not been the case for China Shanshui's decision.

The new board then accused the old board of retaining corporate seals that are required to acquire such an approval. Seals or chops are commonly required for verification in China's legal documents.

More than 1,000 employees from Shandong Shanshui gathered peacefully at the headquarters last Tuesday asking the old board to cede control of the seals and the headquarters.

On Saturday, the old board of directors capitulated and ceded control, according to a statement filed to the Hong Kong stock exchange on Monday.

"With the assistance of the local Jinan police, the company smoothly took over the headquarters and an additional 3 factories of Shandong Shanshui on January 30, 2016," the statement said.

Prolonged boardroom battle

Shandong Shanshui was state-owned before reorganizing into a public company listed in Hong Kong. After its initial listing, the board was led by chairman Zhang Caikui, who later transferred the chairmanship to his son Zhang Bin.

The two, along with several other members loyal to them, led the cement company until Tianrui Group, another cement producer based in Henan Province and also listed in Hong Kong, bought stakes in China Shanshui and became the single largest shareholder in 2015.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久不卡区| 97自拍网| 人人澡超碰碰97碰碰碰 | 欧美色综合天天久久综合精品 | 日韩精品伦理 | 男人天堂手机在线 | 亚洲区av| 久久久亚洲天堂 | 免费看的毛片 | 日韩第九页 | 午夜999| 99青青草| 成人夜晚看av | 精品国产一区二区在线 | 最新免费av | 永久免费看片女女 | 欧美一级一区二区 | www.爱爱 | 久久久久国产 | 天天爽天天做 | 人人草人人爱 | 九九热精| 91久久综合亚洲鲁鲁五月天 | 深夜成人在线观看 | 国产久操视频 | 国产欧美成人 | 国产午夜免费 | 亚洲午夜一区 | 国产18在线观看 | 久久网页 | av在线免 | 国产美女福利在线 | 亚洲二区在线观看 | 国产原创在线播放 | 伊人青草 | 一区二区三区日韩视频 | 久久久久免费观看 | 国产精品视频在线看 | 性做久久久久久 | 欧美性生交大片免费看 | 日韩女优网站 |