Looking back briefly, on February 2, 20 18, 18, Southern Yingu Technology Co., Ltd. (hereinafter referred to as "Southern Yingu") signed the Voting Entrustment Agreement with Wang Zhongsheng, making Southern Yingu the controlling shareholder of Vantone Technology, and the actual controller was Southern Yingu. However, the two parties did not renew the agreement in June 2020 after the expiration of 12, which led to the change of Vantone Technology into a state of no controlling shareholder and no actual controller.
202 1 communication technology replied to the inquiry letter of the semi-annual report, saying that as of August 3 1 day, the company was still in a state of no controlling shareholder and no actual controller.
The person in charge of ICT believes that the identification at each stage is different. Southern Silver Valley began to reduce its holdings from May 20021year, but it takes time to reduce its holdings. Together with several directors previously nominated by Southern Silver Valley, they successively resigned from relevant positions.
As far as the rationality of identification is concerned, Vantone Technology was previously identified as having no controlling shareholder and no actual controller, which was based on its own shareholding structure, the composition of the board of directors, the influence of shareholders' shares and other factors. For example, after the voting entrustment agreement expires, no shareholder of the company can have a significant impact on the resolution of the company's shareholders' meeting by virtue of the shares actually controlled by him.
According to reports, after the expiration of the relevant agreement between Southern Yingu and Wang Zhongsheng, among the top ten shareholders of Vantone Technology, the total shareholding ratio of Southern Yingu and its concerted action Anhua Enterprise Management is 65,438+08.48%, and the total shareholding ratio of Tibet Jingyuan is 65,438+00%. The total shareholding ratio of Wang Zhongsheng and Yang is 9.49%, and the shareholding ratio of other shareholders does not exceed 5%. As of February 20, 2023, Tibet Jingyuan held 65,438+09.97%, Southern Yingu held 8.44%, and other shareholders held less than 5%.
According to the relevant person in charge of Vantone Technology, according to the latest shareholding structure of Vantone Technology, only two shareholders currently hold more than 5% of the shares, which is far from Jingyuan in Tibet and Yingu in the south. In addition, the judgment is based on the current shareholding situation of shareholders, the composition of the board of directors, and the significant influence of shareholders on the company's decision-making.
Take the board seats as an example. Around June 2020, 12, Vantone Technology was caught in a control dispute. Zhou Development was once removed from the post of chairman by the board of directors of Vantone Technology, which caused him to lose his right to speak on the board of directors of Southern Yingu and its concerted parties.
Vantone Technology currently has 9 board members, including 4 nominated by Tibet Jingyuan and 4 nominated by the Nomination Committee of the Company's Board of Directors. At the same time, in the nomination committee of the company's board of directors, two directors were nominated by Tibet Jingyuan, and 65,438+0 directors nominated by the nomination committee of the board of directors, Xu Xiaowei, worked in Century Jinyuan Group, a related party of Tibet Jingyuan (under the same control as Tibet Jingyuan).
Wantong Technology believes that although more than half of the directors of the company are nominated by shareholders, considering the nomination of shareholders, the composition of the nomination committee of the current board of directors and the past work experience of the nominated directors, more than half of the directors of the company are influenced by the will of Tibet Crystal when exercising their rights as directors.
Related Q&A: Is there this company in Oriental Silver Valley? Yes
The full name of Oriental Silver Valley is Oriental Silver Valley (Beijing) Investment Management Co., Ltd., which was established in 2007 and its president is Sun Min, a financial company.
Related Q&A: What is the relationship between Yingu Online and Oriental Yingu? Yingu Online is a comprehensive online platform for Internet financial services. Oriental Yingu (Beijing) Investment Management Co., Ltd. (hereinafter referred to as "Yingu") was established in 2007 as an Internet financial information consulting service platform.