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More Response To Tencent'S Withdrawal From Shareholders Of The Parent Company: Normal Changes

2019/10/15 10:47:00 0

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In October 14th, the reporter learned from the industrial and commercial information platform eye that Hangzhou's Tencent Technology Company Limited has withdrawn from its shareholders. At the same time, Chang Chen, a capital partner of Gao Rong, no longer acted as a shareholder and director, and Tencent investment management partner Jan Lamb quit the list of directors.

Related information shows that Hangzhou EMI Network Technology Co., Ltd. was founded in April 2015, the legal representative of many co founder Sun Qin, the company's wholly-owned holdings of a large number of operators Shanghai dream Information Technology Co., Ltd., is a lot of parent companies. And behind the Tencent Technology Company Limited in Linzhi, the investment institution, Tencent, is wholly owned by Shenzhen Tencent Industrial Investment Fund Limited. However, according to the latest data, Tencent has a 16.9% stake in the company, and Tencent is still the second largest shareholder. Rely heavily on Tencent's social networking system to layout e-commerce business.

In connection with the above events, the Beijing Commercial Daily reporter contacted a lot of responsible persons. The person in charge said: "a normal change, a listed company will have these changes." He further stated that the change of business information was only a change in domestic companies, and as other listed companies changed business information, shareholders of the capital market after listing were not listed in the territory, and the company continued to hold any post.

In July 26th this year, many companies announced that in order to comply with the relevant provisions of the Nasdaq, the company formally changed the board of directors at 1st anniversary, which was reduced from 6 to 5, and Chang Chen no longer served as director.

According to the NASDAQ regulations, more than half of the directors of the board of directors of listed companies should be independent directors who conform to the rules. Within one year after the IPO, the company may exempt the relevant provisions, and IPO will be implemented as required after one year. After the change in July 26th, Lu Qi, Shen Napeng and Yang Rongwen were independent directors, Huang Zheng and Jan Lamb as directors of the 5 list of directors of many companies.

This means that a lot of recent changes in the board of directors have continued the previous system structure. Board members cover four major areas: investment, research, business management and platform governance.


Source: Beijing Commercial Daily, author: Wang Weiyi

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