According to the company, the voting rights controlled by the first two major shareholders are relatively close and there is no arrangement of unanimous action or delegation of voting rights. The proportion of the other three shareholders in the top five shareholders of the company is less than 5%. The distribution of the companys shares becomes more dispersed, and there is no single shareholder to the resolution and directors of the shareholdersgeneral meeting of the company. The selection of meeting personnel has a significant impact, and the company will be in a state of non-controlling shareholders and actual controllers.
In fact, Zhou Ping and Qiu Limin had already registered for divorce in 2009, only two years after Vols nuclear material went public in 2007. When they divorced, they did not actually divide and transfer Wals nuclear stocks registered under Zhou Pings name, so they signed the Supplementary Agreement on Divorce Property Division.
Before the shareholding division, Qiu Limin was the top ten shareholders of Feiwo Core Material, but when the company first went public, it held 10.78% of the shares of listed companies, which was the second largest shareholder. In 2010, it reduced its shareholding by about half and then held 5.728%.
Zhou Ping and Qiu Limins husband-wife relationship was prompted when Wal Nuclear Material was listed, but their divorce was not announced again. Since then, the relationship between them has not been disclosed in the announcement of listed companies. Until the latest property division incident, divorce news emerged. Qiu Limins announcement at the time of reduction showed that there were no unanimous actors.
When Wal went public, Zhou Ping was the chairman of the listed company and Qiu Limin was the vice chairman. After April 2009, Qiu Limin ceased to be vice chairman. Four months later, Qiu Limin and Zhou Heping registered for divorce. There is no sign of Qiu Limin in the latest company management list disclosed by Wal Nuclear Material. Volvo said that the share Division will not adversely affect the companys daily business activities. According to the Supplementary Agreement and Statement, neither Zhou Ping nor Qiu Limin made any agreement on the nomination of directors, supervisors or senior management candidates by either party and their voting intentions at the time of election or appointment of the shareholdersmeeting or the board of directors. That is to say, the listed company will be in the state of no real controller, but the candidate of Dong Jiangao will follow the prescribed process and will not be affected by the property division of the two persons. Source: Responsible Editor of Securities Times: Yang Bin_NF4368
When Wal went public, Zhou Ping was the chairman of the listed company and Qiu Limin was the vice chairman. After April 2009, Qiu Limin ceased to be vice chairman. Four months later, Qiu Limin and Zhou Heping registered for divorce. There is no sign of Qiu Limin in the latest company management list disclosed by Wal Nuclear Material.