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Reporter Dai Yuxiang / Taipei Report
Datong (2371) today (21) re-elected 9 directors in a temporary meeting of the market calling for shares, and finally the market obtained 7 directors. Datong President Lin Guo Wenyan also issued a statement in the afternoon, saying, “I will continue to work with the Datong management team and protect the century-old foundation of Datong.” At the same time, Datong Company also issued a statement at the securities board.
▲ Datong (2371) called a temporary meeting of shares that the market will send to obtain 7 seats on the board. Datong President Lin Guo Wenyan issued a statement. (Image / data screen)
Faced with the change in management rights, Datong Chairman Lin Guo Wenyan issued a statement saying, “Datong Company is the Datong of all shareholders and employees. I have worked in Datong for 40 years, so Datong’s operations are sustainable and employees are stable. ” Urgent and important matter. Regardless of future development, I will do my best to protect Taiwan’s national security, information security and the centennial foundation of Datong as always with the Datong management team. “
Datong Company issued a statement stating that the current board of directors was elected by the shareholders’ meeting on June 30 this year and has been running smoothly. If the competent authority does not agree to upload the financial report for the second quarter of this year, the company will be suspended from listing according to the law in mid-August. Or even order the market.
Datong pointed out that when the shareholders agreed to jointly obtain the right to operate, the merger law must be applied and the competent authorities have not seen or evaded each other. These re-election results are shrouded in Chinese suspicions and other illegal disputes. How can it be justified?
At the same time, Datong also raised three major questions about Lin Wenyuan, the successor chairman of the market, including Lin Wenyuan’s performance in Taiwan benzene, territorial development planning, and how to resolve labor disputes in Huaying.
▲ Datong held an extraordinary shareholders meeting today (21). (Photo by reporter Dai Yuxiang)
The full text of the “First interim statement after Datong Company’s involvement in 109” is as follows:
The company’s current board of directors was elected by the shareholders’ meeting on June 30 this year and has been running smoothly. If the competent authority does not agree to upload and announce the financial report for the second quarter of this year, the company was legally suspended from listing or even ordered its delisting in mid-August.
Since the last three times and the fourth time that the competent authority has just issued the fourth sanction for Chinese illegal investment, and even the latest media reports, other suspicious information about Chinese financing has been revealed, showing that there are doubts of Chinese investors. The competent authority announced the first three sanctions. All have been sanctioned and acquitted, and later it was confirmed that the left hand was switched to the right. For example, the boss changed the employee to take over, or the son changed the father to take over, but this has never been fully verified and confirmed.
Furthermore, the situation in which the shareholders jointly agreed to obtain the right to operate and the merger law should be applied was not handled fairly when the competent authority turned a blind eye or deceived each other. And these are the expectations of the company that the competent authority clarifies the relevant disputes, rather than being re-elected in less clear disputes, which can cause damage to the rights and interests of the company or other shareholders. Where is the legitimacy of illegal disputes?
The company is a smart industry specified by the investment review committee. Chinese investment is not allowed. The equity committee will hold a full re-election before the Chinese capital has been fully cleared. The board of directors has repeatedly reminded people of information security and national security concerns. And the newly elected board of directors is fully responsible for ensuring national information security. Relevant government agencies should amend the relevant laws and regulations as soon as possible to solve the problems arising from the insufficient capital market regulations to effectively regulate Chinese investment in Taiwan.
Mr. Lin Wenyuan continued to criticize the company without knowing it. If you really want to help the business develop well, you must first understand it before coming up with good strategies or plans. Simply criticizing the company or shouting slogans will not improve the company. On the contrary, it can always damage the goodwill and image of the company, which is not what all shareholders and employees would like to see.
1. For Taiwan Benzene, which is operated by Mr. Lin Wenyuan, its core business has gone from a profit of 1.07 billion yuan to a loss of 296 million yuan. How is Datong managed?
2. Datong is a basic industry, not a land development company. If the land is sold, how can the right to work and the livelihood of the families behind it be guaranteed?
3. Datong is still Huaying’s largest shareholder. Faced with labor disputes, the president of Datong is the responsible person recognized by the Taoyuan Labor Bureau. If Lin Wenyuan becomes president, he should take the initiative to deal with labor disputes and apply all provisions for employees. Commitment to assume the legal responsibilities of the person responsible for the treatment.
The company’s operations continue to improve. Regardless of the reinvested company processing, the industry focuses on the development of information communications, electromechanical, solar and electric power systems, and asset development, etc., which are ongoing; including the newly released global ESG survey by WSJ report also shows that Datong is ranked 75th out of 5,500 companies listed in its global survey, and even ranks first in terms of business model and innovation. It shows that the company continues to use energy saving, carbon reduction and sustainable products and concepts online. The global trend is also well established. This is not an overnight success, but an achievement that can only be achieved through long-term investment and real implementation.