In the early morning of October 15th, the tens of billions of quantitative private equity Mingshi Investment issued a statement saying that Yuan Yu and Li Shuo jointly decided: to actively deal with differences and focus on minimizing the impact of this incident on the company. The two parties are negotiating on company management and other matters, and constructive results have been achieved so far. The results will be announced to all parties on October 18, 2021. At present, the company’s daily operations are normal, and the company’s products continue to be suspended, and the redemption will not be affected.
Prior to this, Yuan Yu, the founder of Mingshi Investment, issued a document saying that the actual controller Li Shuo was relieved of power. On October 13, Mingshi Investment releasedannouncementAccording to the statement, in view of Yuan Yu’s measures that are not conducive to the company’s long-term development during the management of the strategy and technology department, the company’s board of directors has decided to suspend Yuan Yu’s position as the head of the strategy and technology department.
Later, Yuan Yu once again issued an article stating that “Shanghai Songmeng Investment Management Co., Ltd. (hereinafter referred to as “Songmeng”) controlled by Yuan Yu holds 50% and 35% of Mingshi total 85% of the shares, and I am the actual controller of Mingshi . All 50% of Mingshi’s equity in Li Shuo’s name are held by Songmeng on behalf of him. Li Shuo is not Mingshi’sshareholder”。
(Source: China Securities Network)
Article source: China Securities Network
Editor in charge: DF506
Original title: New progress in the battle for control over ten billion quantified private equity Mingshi investment: The two sides have achieved constructive results through negotiation
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