The youngest woman chairman of A shares was removed from office. She was 24 years old. She took office for less than 8 months.

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 The youngest woman chairman of A shares was removed from office. She was 24 years old. She took office for less than 8 months.


The youngest woman chairman of A shares is only 24 years old.

* ST Cloud announced on the evening of October 30 that for personal reasons, Lu Xiangling decided to resign as chairman of the board of directors and other posts. After resigning, she only served as a non-independent director of the Fourth Board of directors. Before the board of directors elects a new chairman, Wang Yuhao, vice chairman and President of the company, acts as the chairman.

According to the Beijing Youth Daily reporter observed, Lu Xiang Ling resigned two trading days, *ST cloud network share prices are rising. Since October 12th, as of yesterdays close, the stock hit a bottom after a wave of market share, or nearly 4 percent.

The market is concerned about the origin of Lu Xiangling, the youngest chairwoman of A-share listed companies, and how to sit on the chairman of A-share listed companies at a young age.

Lu Xiangling became the chairwoman of the board of directors and was considered by the market as the result of the battle for control of * ST Cloud Network in recent years. In early March of this year, the *ST cloud network board of directors completed the general election, and Lu Xiangling, the obscure chairman, became chairman. Lu Xiangling was born in 1994 and became the youngest female chairman of a listed company at the age of 24. His resume showed that he was born in 1994 and has a bachelors degree in Music College of Hu Nan Polytechnic University. From 2017 to now, he has been the deputy director of the office of Yueyang Zhongxiang Industrial Co., Ltd., that is to say, he has been the deputy director of the office for only one and a half years.

Accused of insufficient capacity to face recall

Before Lu Xiangling became chairman, there was a contradiction between Chen Ji, the actual controller of Shanghai Zhenxi, and Meng Kai, the former actual controller of * ST Cloud Network. In fact, during Mengkais previous period as the actual controller, * ST cloud network operation has undergone major changes. Mengkais individuals and listed companies owe huge debts. In order to obtain funds, Mengkai successively introduced Luzhenlin, the actual controller of Yueyang Zhongxiang Industry, and Chen Ji, the actual controller of Shanghai Zhenxi Industry, to fire fighting, resulting in confusion of authorization. Luzhenlin, Chen Ji and others were involved in the confusion. Lu Xiangling, then chairman of * ST Cloud Network, was the daughter of Luzhenlin.

Later, the shares held by Mengkai entered the judicial auction process. Shanghai Zhenxi is actually the new owner of * ST Cloud Net. On June 24, this year, through participating in the public auction of Futian District Peoples Court in Shenzhen, Mengkai, the former controlling shareholder of China Cloud Net, successfully won 182 million shares of the listed company (22.70% of the total equity). After the transfer of shares was completed in July, Shanghai Zhenxi directly held 185 million shares of listed companies (23.11%) and became the controlling shareholder of listed companies. After Chen Ji succeeded in winning the bid and upgrading to the new real controller, Chen Ji chose to fight with the current board.

On July 27, Shanghai Chunxi sent a letter to the board of directors of the company concerning the request for an interim shareholdersmeeting of the board of directors of the company and its annex, Proposals for a temporary shareholders meeting of the board of directors of the company, applying for the removal of all members of the board of directors, including Chairman Lu Xiangling, and nominating new members of the board of directors. . For the youngest chairman in the history of A shares, Shanghai Zhenxi thinks that his ability is insufficient: Lu Xiangling is only 24 years old, with a bachelors degree from Conservatory of Music of Hunan University of Technology, and has only served as deputy director of Yueyang Citys Zhongxiang Industrial Office before. According to their age, educational background and resume, it is considered that they do not possess the necessary ability to serve as directors, especially as chairman of the company, and should be dismissed.

The new controller must control the board of directors.

After being rejected by the board of directors, Chen Ji again made the same proposal to the board of supervisors, but ultimately the board of supervisors rejected the proposal.

In October this year, the *ST cloud network board suddenly appeared resignation tide. Shanghai Chunxi immediately nominated Chen Ji, Huang Jing and Zhu Zhou as candidates for independent directors of the Fourth Board of directors of the company, and Chen Yeqiu, Deng Qing and Lin Tao as candidates for independent directors of the Fourth Board of directors of the company. The bills will be held in November 1st for the second annual general meeting of shareholders in 2018. Once the proposal of Shanghai Zhenxi was adopted at the provisional shareholdersmeeting held on November 1, Chen Ji really won the battle for control.

With the resignation of Lu Xiangling, the youngest chairwoman of A-share, it is not difficult to see that the Fourth Board of directors of * ST Cloud Networks, which has been formed for less than eight months at the beginning of March this year, is likely to usher in a new face after November 1.

Relevant

*ST cloud network is facing a crisis of suspension of listing

On the evening of October 25, ST Cloud Network (002306, SZ), once known as the first share of catering industry, released its financial report for the third quarter, and the company continued to lose money. And according to the current conditions, the company will continue to lose money in the fourth quarter. As the *ST cloud network has been warned of delisting risks, it may face a crisis of suspension of listing.

Chen Jiquan is taking active measures to help listed companies. * ST Cloud Net announcement shows that the controlling shareholder Shanghai Chunxi Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as Shanghai Chunxi) provides the company with a loan of no more than 15 million yuan, the interest rate of this loan is 4.35%/year, the term of which is 3 months, and the company can depend on it. Early repayment of its actual operation. * ST Cloud has previously indicated that Shanghai Chunxi will continue to devote itself to the development of group meals business of Coke Cloud, expand new marketing means, integrate online and offline marketing promotion, and enhance the new type of group meals business of the Internet. In addition to providing loans to listed companies, * ST Yun-Net set up a subsidiary company in Wuxi, Jiangsu Province, in early October, which is mainly engaged in group meal business. It intends to open up the Jiangsu regional market. It is Chen Ji who acts as the legal representative of the company, and the Hong Kong-stock listed companies that participate in the company also have relevant layout in Wuxi. The market thinks that the loss situation of *ST cloud network will be quite difficult this year. Source: Beijing Youth Daily editor: Yang Yi _NBJ10647

Chen Jiquan is taking active measures to help listed companies. * ST Cloud Net announcement shows that the controlling shareholder Shanghai Chunxi Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as Shanghai Chunxi) provides the company with a loan of no more than 15 million yuan, the interest rate of this loan is 4.35%/year, the term of which is 3 months, and the company can depend on it. Early repayment of its actual operation.

* ST Cloud has previously indicated that Shanghai Chunxi will continue to devote itself to the development of group meals business of Coke Cloud, expand new marketing means, integrate online and offline marketing promotion, and enhance the new type of group meals business of the Internet.

In addition to providing loans to listed companies, * ST Yun-Net set up a subsidiary company in Wuxi, Jiangsu Province, in early October, which is mainly engaged in group meal business. It intends to open up the Jiangsu regional market. It is Chen Ji who acts as the legal representative of the company, and the Hong Kong-stock listed companies that participate in the company also have relevant layout in Wuxi.

The market thinks that the loss situation of *ST cloud network will be quite difficult this year.