The Disappearance Of The Chairman Of The Company Is Disappearing Or The Company Will Be Completely Exposed.

According to reports, Hongkong listed fashion jewelry company Ya Tian Ni suddenly issued a strange announcement, because in the past 10 days, has not been able to contact the chairman of the board of directors Xie Chaoqun, Ya Tian Ni The board decided to put an end to all the duties of Xie Chao, and his wife Ye Yingqin was fully responsible for the operation of the company.

An investment agency analyst said that as Ya Tianni's founder and major shareholder, Xie Chao Group suddenly lost contact, which in itself has been very unusual. After ten days, the board terminated all of his duties, which made people feel very serious. It seemed that there was suspicion that Xie Chaoqun had drawn the line. Huang Sheng, chief investment officer of Guang Fu Cci Capital Ltd, said that the company's chairman had encountered some factors that could not be resisted and could not get in touch with the board of directors.

Huang Sheng: this situation is not particularly unusual. In the past, non-listed company and listed companies have encountered such situations, including the situation of usury, and suddenly they can not find anyone. Or because of judicial review, people are taken away, and some intentionally evade legal responsibility. They run away, basically.

In the past, such a thing would happen to hold a provisional board of directors or an urgent board of directors according to the company law. The company must have a legal representative for its external operation. If the chairman of the legal representative suddenly leaves, the board of directors will definitely remove him from the board and re elect the new board of directors. I think this is understandable.

In fact, as early as February this year, Ya Tian Ni had issued a notice that Xie Chaoqun had to rest on July 5th because of health reasons. But in May, Xie said that he would cancel his vacation and return to work earlier. This time, Xie Chaoqun simply said that he had disappeared. Huang Sheng thought that if the board really did not know where Xie Chao was, and he did not leave room for him to return to the company in the announcement, it seemed a bit abnormal.

Huang Sheng: for example, the chairman of the company may have encountered some special situations of force majeure, which made it impossible for him to perform the duties of the company. He may suddenly be unable to get in touch with the company and suddenly disappeared for some time. At this time, the board of directors should have a special statement that he will be out temporarily and will continue to perform the duties of chairman of the board once he returns. If the player is completely kicked out without leaving the road of return, it may be a bit abnormal.

Xie Chaoqun, 48, and his wife Ye Yingqin jointly founded Ya Tianni in 1992. Ya Tianni is the famous fashion jewelry brand of this company. Since the beginning of 2006, Zhao Wei has entered the high-end market in the mainland and has risen rapidly. In 2008, the company was listed on the Hongkong stock exchange.

However, after the listing, Ya Tian Ni began to lose money. Before the 2007 listing, the annual profit of the company was HK $110 million. But in 2008, it turned into a loss of HK $140 million. After that, the company lost more than HK $one hundred million a year. The decline in performance also caused the company's share price to remain depressed for a long time. The closing price of the company's listing four years ago was HK $2, while its current share price was HK $0.108.

A jeweller in Shenzhen said that she had stepped out of a high-end local jewelry line in the mainland, but in recent two years, with the weakening of the consumer environment and internal management problems, the company's development has been on the decline. Ya Tianni's retail stores have been cut from 120 of the highest peak to 50 now. Last year, he was publicly condemned twice by the Hong Kong stock exchange because the company's information disclosure was not timely and did not warn investors of timely loss.

At the same time, he did not succeed in investing. A securities analyst revealed that in the first half of last year, he bought a group of commercial properties of the company's chairman and major shareholder Xie Chao Group for 6 million 610 thousand yuan, as a fixed rental income. However, the net profit after tax is not more than 5%, which is lower than the market average, which is suspected of large shareholder cash.

After that, Ya Tian Ni invested HK $5 million to invest in the loss. Underwear This not only increased the burden on the company, but also made the industry feel puzzled by the fact that clothes were not the main strength of the company. In addition, he also bought the Green Dalian company, a middle and low end sport brand, which also suffered a major loss in 2011.

The company's development has been frustrated repeatedly. A former employee broke the news on the Internet, saying that the company is now in a mess of internal management, a large number of layoffs and many crises. Now, the founder of Xie Chaoqun is bizarre missing. Huang Fu, director of investment at Cci Capital Ltd, said that the stock of Yinni has fallen off the edge of the market in just four years. The company is afraid of fraud. Xie Chao can never rule out their own business.

Huang Sheng: suddenly, the chairman of a listed company disappeared, or even ruled out their own business. In fact, everyone may know where he is, even if the company may have to withdraw from the market, simply get rid of him, he can not get the phone, and all responsibilities can be pushed to this person. At this time, there must be a lot of fraudulent things inside the company. According to my personal experience in the investment market for many years, if he were not taken away from judicial review, or was not an earthquake and kidnapped, the company would not be able to find him.

Xiao Shuobin, director of the Guangzhou Office of Ho Fang law firm in Hongkong, Guangzhou, believes that in the case of Xie's disappearance of the group, the board of directors has passed a resolution to replace someone temporarily. This is a lawful act. But this kind of processing usually takes place when the situation is quite serious. This means that there is still some information inside the company.

Xiao Shuobin said that Xie's disappearance may be due to escape or arrest and other reasons. He could not tell the society clearly. Maybe the company had already contacted Xie Chaoqun, but worried that the exposure of information might have a great impact on the company and brought the interests of shares to the East, so it was not disclosed. In a word, the outside world is still in a fog. The media also tried to contact Ya Tian Ni company to get a telephone number in Hongkong. The number was said to be the person in charge of the company, but no one answered after it was called.