Purple Group reorganization Truth
Within a few months after another eight Purple executives to resign, the minority shareholders on behalf of Wanda Group chairman Chung Li Duo media launched an attack, causing the loss of state assets will result in the controversy, making purple the Group’s restructuring of the dispute from escalating further. This reporter recently visited a number of Purple Group, people familiar with an attempt to open a Purple Group, the truth behind the reorganization of chaos.
Wei-Guo Zhao White Purple Group
”Purple Group’s development must be to introduce a new strategic investors,” Purple Group, a high-level interview told reporters.
He said the Purple Group, the first conversion was completed in June 2005, after the reform of the primary task is to clean up the problem in its history, after several years of operation, the external security have all been lifted, litigation cases have all been settled, the situation is generally stable, He believes that the team had completed the group stage of the historical task of purple.
With the gradual elimination of non-performing assets, Purple Group also faced with new development issues, and development is necessary to have a new support, it is necessary to re-introduce investors, in fact, two years, purple has been finding a new group partners, dealt with some of the end of this meeting a plan to introduce health-kun Group.
According to people familiar with introduction, Jian-Kun Group, created by Wei-Guo Zhao, is a purely private enterprise, accounting for 95% of shares Wei-Guo Zhao, Li Yi (ie, the new chairman of ancient Chinese Purple) accounted for 5%. Wei-Guo Zhao origin Henan, Tsinghua University, 1985 alumni, donated money and materials to the school’s activities are active, the “exemplary alumni,” the reputation and thus to obtain the trust and support of the school of Tsinghua University.
It is learned that the right to decide to introduce the Group and the appointment of Wei-Guo Zhao Jian-kun is the president of Tsinghua University for the operating assets management committee (hereinafter referred to by the Resources Committee), through the Resources Committee is the administrative department of Tsinghua industry. According to a group of sources close to purple, purple Group, June 19 shareholders meeting, the Board announced two decisions by the Resources Committee: First, agree with Kin-kun Group Purple Group’s capital increase, two for the appointment of Wei-Guo Zhao Group President for the Purple.
A group of anonymity, purple top, said in an interview for the Kin-Kun Group shares, will the Purple Group’s shareholders, there will always be different opinions. June 19th day of the meeting that is net of minority shareholders Wanda Li Zhong-duo, chairman voted against the side he thought restructuring of investment before you got no right to operate as a breach action.
Another group of insiders purple, told reporters after taking office Wei-Guo Zhao made two major aspects of the work on the one hand the work already done hastily halted completely reinvent the wheel, and thus cut off before the operation with the continuity between the decision-making This group has been stable with the purple style is quite different. Company’s annual shareholders meeting, the major shareholder of a certain party leader once Tsinghua Holdings has warned against him. The other hand, focusing on the Group’s management, as well as Purple Purple’s quality assets – the ancient Han purple to conduct a thorough adjustment of the management. About Purple Group’s management, has forced the vice president in charge of asset management, Liu Yun, as well as personnel in charge of party affairs and vice president Liu Chuan-wen and other key responsible people to resign, and has appointed Jian-Kun Fang Ji-wen and other groups were to be replaced. Pairs of purple through the replacement of ancient Chinese directors, election of chairman and other steps to Kin-kwan and other groups were replaced by Li Yi Guo Yuanlin – Liu Arrow management team. The insiders said that health-kun groups associated with the Group’s future funding shares purple things, to run-oriented management team do adjustment of an objective assessment of the future assets and assets of the fairness of the reorganization resulted in uncertainties.
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