① The public announced that Xie Zilong, the actual controller and chairman of the company, was detained and a case was opened for investigation. ② The matter involved has nothing to do with the company. ③ Listed companies operate normally.
In the face of thousands of announcements from listed companies every day, what should I read? Announcements of important matters are often tens of pages or hundreds of pages, what is the point? I don't know if a bunch of jargon in the announcement is good or bad? Please take a look at the “Speed Reading Notice” section of the press department of the Financial Association. Our national reporters will bring you an accurate, fast, and professional interpretation on the night of the announcement.
Finance Association, July 30 (Reporter Li Yongjun) People (603883.SH) announced tonight that the family of Xie Zilong, the company's actual controller and chairman, received a notice issued by the Hunan Provincial Supervisory Commission on July 28 that Xie Zilong was detained and investigated.
In response to a Financial Services Association reporter tonight, the relevant company officials also said that the matter of the company's chairman being retained has nothing to do with the company; control of the company has not changed; the listed company is operating normally, the executive team is responsible for daily operations, and the cash flow and credit facilities are sufficient. The management team will work hard to do a good job.
This response is generally consistent with the content of the company's announcement. Ordinary people said in the “Notice Concerning the Chairman's Detention” that the matters involved had nothing to do with the company. As of the date the announcement was issued, the company had not received any notice from the relevant authorities, nor had it been requested to assist in the investigation. The company has a perfect organizational structure and standardized governance system. Other directors, supervisors and senior management all perform their duties normally, and this matter will not have a significant impact on the normal operation of the company.
At the moment when the chairman was put on hold, the company announcement emphasized “having a perfect organizational structure and standardized governance system” or was not a lie.
As the founder, Xie Zilong has stated in various public meetings, including shareholders' meetings, that ordinary people operate in full accordance with the modern corporate governance structure, and that for a large enterprise, the corporate governance structure must be good so that it can maintain long-term, stable, and sustainable development.
It is worth mentioning that ordinary people have separated the chairman from the CEO for a long time. In an interview, Xie Zilong also said that the chairman and CEO and other senior management team members perform their duties well according to their job positions, which is a very important guarantee for the long-term health and sustainable development of the enterprise.