Finance Associated Press, September 2nd (Reporter Zhang Liangde) The merger drama of Shijiazhuang Kelin Electric (603050.SH) has finally come to an end. In just 168 days since March of this year, it has experienced twists and turns such as the entry of "barbarians", the introduction of white knight investors, and the tender offer. All shareholders have finally reached a consensus and successfully completed the joint "cabinet formation", and important positions in the company's management have all been appointed by the existing management team of the company.

Hisense Netnengfang has obtained the positions of chairman and vice chairman, and the nominees of Shijiazhuang Guotou have obtained the positions of general manager and chairman of the board of supervisors. Both parties' shareholders have reached a "peaceful cabinet formation" and a stable high-level personnel arrangement. Some employees at the grassroots level of the company exclaimed to Finance Associated Press reporters: "This is already a very good result. In the past, it was just slogan-shouting, but now we have confidence."

Tonight, Shijiazhuang Kelin Electric announced the "Announcement of the First Meeting of the Fifth Board of Directors" and the "Announcement of the First Meeting of the Fifth Board of Supervisors". The announcements show that the board of directors mainly deliberated on personnel resolutions for the chairman, vice chairman, and general manager of the company. All seven directors of the company voted unanimously to elect Chen Weiqiang as the chairman of the fifth board of directors, unanimously voted to elect Shi Wenbo as the vice chairman of the fifth board of directors, and nominated by Chairman Chen Weiqiang, the board of directors appointed Wang Yong as the general manager of the company. The board of supervisors also unanimously passed the resolution to elect Zhang Guibo as the chairman of the fifth board of supervisors.

From the above announcement, it can be seen that the director of Hisense Netnengfang was elected as the chairman and vice chairman, and the supervisor of Shijiazhuang Guotou was elected as the chairman of the board of supervisors, and all the above resolutions were unanimously passed. At the same time, the board of directors appointed the veteran of the company, Wang Yong, as the new general manager. All parties' shareholders have reached a consensus on important personnel appointments.

This is consistent with the information provided by personnel from Shijiazhuang Kelin Electric and Hisense Netnengfang to Finance Associated Press reporters the day before yesterday.

Personnel from Shijiazhuang Kelin Electric said: "Hisense Netneng, Shijiazhuang Guotou, and General Zhang (former actual controller Zhang Chengsuo) have already communicated and paved the way for the company's future development, and there will be no more previous (controlling rights dispute)."

Personnel from Hisense Netnengfang said: "Hisense Netneng, Shijiazhuang Guotou, and other parties have strictly adhered to the spirit of the rule of law, the spirit of contracts, and the rules of the capital market, forming a board of directors jointly formed by Hisense Netnengfang and Shijiazhuang Guotou. Hisense Netnengfang will work together with Shijiazhuang Guotou, the original team of the company, and other parties to jointly promote the development of Shijiazhuang Kelin Electric, make concerted efforts, and make Shijiazhuang Kelin Electric bigger and stronger. The new board of directors of Shijiazhuang Kelin Electric and the subsequent management team will continue to enhance the value of the listed company, share the development achievements with investors, and continuously enhance investors' sense of gain."

The grassroots employees of Shijiazhuang Kelin Electric Company mentioned to Caijing journalists this afternoon that the company's OA system can now see the changes in the company's leadership and position arrangements.

From the OA list, it can be seen that apart from the original top three shareholders of Kelin Electric, Zhang Chengsuo, Li Yanru, and Qu Guowang, no longer holding positions in the listed company, most of the core management team members remain. Kelin Electric's veterans, Dong Caihong, Chen He, Qiu Shiyong, and Ren Yueji, serve as vice presidents, while the former mid-to-high-level executives Zhang Dong and Li Mu serve as assistants to the president.

From the above personnel appointments, Hisense Network and Shijiazhuang Guotou have fully trusted the company's original operational layer.

Hisense Network stated that it will mobilize the high-quality resources within the Hisense Group on a legal and compliant basis, such as the technical advantages and research and development platforms, supply chain platforms, talent mechanisms, as well as national and even global marketing channel resources in areas such as chips, power semiconductors, electronics, electrical utilities, software, temperature control, and particularly international marketing channel resources. This support is to help the listed company expand its domestic and international business, and leverage its advantages in business, capital, and management to aid the development of the listed company. At the same time, it will strengthen incentive mechanisms to maintain the stability of the listed company's management and employees.

As the state-owned shareholder in Shijiazhuang Kelin Electric's location, Shijiazhuang Guotou will also leverage its advantageous resources to provide new impetus for the company's development and provide powerful guarantees for the company's stability.