FSL directors, supervisors why Baotuan resignation?

China LED Reuters] listed companies in the resignation of the High Commissioner has never been strange, however, such as FSL such directors, supervisors, Baotuan resignation is rare.

FSL December 9th evening announcement that the board received on December 9, 2015 the chairman of the company Mr. Pan Jie, Mr. Liu Xingming, vice chairman of the board of directors, the board of directors Mr. Wu Shengbo Vianna. Mr. Hoffman, director and director Mr. Yang Jianhu, Mr. Ye, independent directors, independent directors Mr. Liu Zhenping Mr. Dou Linping, Mr. Xue Yizhong's resignation of independent directors.

Announcement shows that, in addition to Mr. Liu Xingming resigned as director of the company as general manager duties, after the resignation of the remaining 8 directors will no longer hold any position in the company. However, due to the resignation of the above 9 directors, the number of FSL board of directors has been less than the statutory minimum number, so before the election of the directors to take office, the directors should be in accordance with the relevant provisions, to perform the duties of directors.

On the same day, FSL another announcement shows that the company's board of supervisors received the resignation of Mr. Zhuang Rujia, Mr. Zhang Yingqi's resignation. According to the relevant regulations, Mr. Zhuang Rujia, Zhang Yingqi's resignation did not lead to the board of supervisors and the number of employees and supervisors was less than the statutory requirements, so Mr. Zhuang Rujia, Mr. Zhang Yingqi's resignation from the date of delivery.

In other words, in a day, FSL has a total of 9 directors, the resignation of the 2 supervisors.

Need to mention is that in a few days before the announcement of FSL 11 directors and supervisors resignation (December 6th), FSL announced its first major shareholder easy to master. Earlier, FSL, the largest shareholder of OSRAM Holdings Limited signed an agreement on the sale of shares to 2 billion 622 million yuan will be transferred to the shares of the Guangdong Provincial Electronic Information Industry Group Co., Ltd. to 100%. Announcement shows that this transaction has been completed, in December 4th, FSL is the controlling shareholder of Guangdong Electronic Information Industry Group Co. Ltd and concerted action Shenzhen rising investment development Co., Ltd. development and rising investment, the actual control of Guangdong rising Assets Management Co., ltd..

Large shareholder changes triggered by the personnel big shake? China LED network editor on the matter call FSL secretaries Lin Yihui. "Changes in the ownership structure of the company, major shareholders have changed, the company will be based on the development needs of the corresponding adjustments. Lin Yihui said that the resignation of 9 directors and supervisors of the following, the follow-up will be made on the candidates, according to the legal procedures for appointment and removal of the election of 2.

Also worth mentioning is that the end of last year, Guangdong rising Assets Management Co. Ltd fully entered the country star power has caused massive personnel changes.

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