(Source: Ningjin United Front official WeChat public account)
The eldest princess Jin Junhui appeared
Authors: | Li Ting, Gao Yang
Photovoltaic giant JA Australia personnel changes.
On the evening of November 23, JA Technology released the announcement of the election of the sixth board of directors, announcing 6 non-independent directors and 3 independent director candidates. Among these people, a name appeared that was familiar and unfamiliar to the market,
Jin Junhui.
Many people remember that Jin Junhui has been working in the party and government system of Hebei Province. In fact, the eldest daughter of JA founder Jin Baofang has quietly stepped down from public office to return to JA Australia, all after her father Jin Baofang was investigated in 2020, which constitutes one of the biggest challenges for Jin Baofang's decades of entrepreneurship.
Compared with his younger sister Jin Junmiao, Jin Junhui does not yet hold shares in JA Technology's major shareholder (or its underlying shareholder). However, with the addition of Jin Junhui, three members of the Jin family have appeared on the board of JA Australia, namely Jin Baofang, his daughter Jin Junhui, and his second son-in-law Tao Ran, and some elders outside the Jin family will bid farewell to the JA board.
As Jin Baofang enters the age of 70, the photovoltaic giant's family color in the governance structure is stronger. Will JA Solar become a family-owned business in the future? JA Technology has not replied.
01
The eldest daughter went to sea and returned
According to the announcement of JA Technology, Ms. Jin Junhui, born in 1978, holds a postgraduate degree. From 1996 to 2009, he successively served as the clerk, section member and deputy section chief of the Ningjin County Party Committee of Hebei Province; From 2009 to 2021, he successively served as the deputy chief staff member and chief staff member of the United Front Work (Group Work) Department of the Hebei Provincial Direct Work Committee, the secretary of the Provincial Direct Youth League Work Committee, and the director of the Party Construction Supervision Office of the Provincial Direct Work Committee; Since 2021, he has served as the assistant president of the company.
Ms. Jin Junhui does not hold shares in the Company, Mr. Jin Baofang is his father and candidate Mr. Tao Ran is the spouse of his sister Jin Junmiao. In addition to the above, Ms. Jin Junhui has no relationship with other shareholders, other directors, supervisors and senior management who hold more than 5% of the company's shares.
Like his sister Jin Junmiao, Jin Junhui rarely appears in the public eye, most recently attending an event earlier this month.
According to the official report of JA Technology, on November 4 this year, Jin Junhui, as the assistant president of JA Technology, was invited to attend the pre-conference reception of the 27th Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (COP27) held by King Charles III of the United Kingdom at Buckingham Palace.
Ms. Jin Junhui is said to have participated in the Sustainable Markets Initiative Global Council exchange event and met with the King of the United Kingdom.
Ms. Jin Junhui, Assistant President of JA Technology, visited the King of the United Kingdom
In addition to serving as the Assistant President of JA Technology, Jin Junhui is also the legal representative of Hebei JA Education Technology Co., Ltd. ("JA Education").
According to industrial and commercial information, JA Education was established in January 2022 with a registered capital of 300 million yuan and is wholly-owned by JA Technology. The company's address is located in Ningjin County, belongs to the software and information technology service industry, the business scope includes: educational software technology research and development, technology development, technical consultation, technology transfer, technical services; Intelligent management software development and promotion; school infrastructure development; sales of educational equipment; Property management services.
In March this year, she was also recommended by the United Front Work Department of the Xingtai Municipal Committee of the Communist Party of China as an executive member of the 13th Executive Committee of the Hebei Federation of Industry and Commerce, and in October this year, the official WeChat of the Ningjin United Front released a Jin Junhui learning experience, in which she spoke as a member of the Standing Committee of the Hebei Federation of Industry and Commerce, assistant president of JA Technology, and general manager of JA Education Company, and said that she has strengthened her confidence in running a new energy vocational college, and the construction of the new energy vocational college is about to begin.
It can be seen that Jin Junhui basically returned to the family business in recent years. In November 2020, JA Technology disclosed that Jin Baofang, the actual controller of the company, was placed on file for investigation and lien by the Pingdu Supervision Commission in accordance with the Supervision Law of the People's Republic of China, which plunged the photovoltaic empire JA Technology into a huge storm.
During the investigation of Jin Baofang, in March 2021, Jin Baofang's other daughter, Jin Junmiao, emerged and signed a strategic cooperation agreement with Chengdu Carbon on behalf of JA Technology in her capacity as the assistant president of JA Technology, and the two parties formed a deep strategic partnership on isostatically pressed graphite products for monocrystalline silicon thermal field and formed thermal insulation felt products.
In fact, compared to her sister, who holds public office, Jin Junmiao has long worked in JA Australia.
IN MAY 2019, JIN JUNMIAO ALSO ATTENDED THE NAMING CEREMONY OF THE NEW SHIP HELD BY COSCO SHIPPING, NAMED THE NEW SHIP "COSCO SHIPPING AQUARIUS" (COSCO SHIPPING AQUARIUS), AND CUT CABLES AND SMASHED CHAMPAGNE FOR THE NEW SHIP.
Godmother.
The godmother is the patron saint of the ship's sea navigation, and the early godmother is generally held by members of the royal family, ladies, etc. It is said that holding a grand naming celebration on the occasion of the new ship's departure, with a woman as godmother, is a very long and well-respected tradition.
Until a few months after being investigated, Jin Baofang, who was investigated, returned, and JA's equity structure changed.
In June 2021, JA Technology announced that Mr. Jin Baofang, the actual controller of the company, transferred his 25% equity interest in Xingtaifu to Jin Junmiao. Xtalf holds a 47.77% stake in JA Technology. After the change, Jin Baofang's stake in Jingtaifu became 70%, Jin Junmiao held 25%, and Jin Baofang's wife Fan Caiping held 5%.
At present, compared to his sister Jin Junmiao, Jin Junhui does not hold shares in JA Technology's major shareholder (or its behind shareholders).
In this board election, in addition to Jin Junhui, Jin Baofang's second son-in-law Tao Ran still continues to serve as a director, and 3 members of the Jin family have appeared in the list of 6 non-independent director candidates.
According to reports, Jin Baofang mentioned her thoughts on retirement at the 2017 Entrepreneur Conscience Forum, "My family has advised me to rest and enjoy the happiness of life, and my friends have also said that they have achieved fame and should 'retire after success'." Leading an enterprise of 30,000 people, this burden, this weight, and this responsibility on my shoulders weighed on me all day long. ”
02
Where do professional managers go?
In the most critical period of JA Technology, several JA executives outside the Jin Baofang family became the ballast stone in the face of challenges.
On the day that the news of Jin Baofang's investigation was released, four senior executives of JA Australia came forward to respond to external concerns. Among the four senior executives who appeared, Niu Xinwei was mainly responsible for the company's daily operations, Huang Xinming was responsible for the company's sales, Li Shaohui was responsible for finance, and Wu Tingdong was the secretary of the board of directors. In the outside world, these four executives are known as the "four major taibao".
According to JA Solar's official calibre, although the sudden incident of Jin Baofang's investigation is a major incident, "the company's senior management team will definitely work together to lead the company's 23,000 employees to actively respond to the current emergency and maintain the company's stable operation."
However, in this board election, compared with the prominence of Jin Baofang's family, some JA Ao executives outside the family did not appear.
According to the 2021 annual report, the six non-independent directors of JA Technology are Jin Baofang, He Zhiping, Niu Xinwei, Tao Ran, Cao Yangfeng and Huang Xinming.
Since then, the board of directors of JA Technology has quietly changed.
According to the 2022 interim report, the non-independent directors of JA Technology are Jin Baofang, He Zhiping, Niu Xinwei, Tao Ran, Yang Aiqing and Cao Yangfeng. Among them, Huang Xinming has stepped down in February 2022, while Yang Aiqing has been a director of the company since June 2022, he was born in 1981 and has been the deputy general manager of JA Technology since April 2022.
Among the 6 non-independent director candidates announced this time, they are Jin Baofang, Jin Junhui, Tao Ran, Cao Yangfeng, Yang Aiqing, Jia Shaohua, except for Cao Yangfeng who continues to serve, He Zhiping and Niu Xinwei did not appear.
Among them, He Zhiping is the actual controller of the company's former controlling shareholder, Huajian Yingfu, and Niu Xinwei, as an important figure of JA Technology, was mainly responsible for the daily operation of the company.
The new candidate is Jia Shaohua, but he is not young, born in 1950, he was the director of the Yangzhou Tax Training College of the State Administration of Taxation; Deputy Director of the State Taxation Bureau of Hainan Province; Editor-in-Chief of China Tax Press; He is currently the director of the Institute of Tax Education of the Central University of Finance and Economics. He is also an academic research committee member of the China Taxation Society, the vice president of the China Finance and Taxation Law Research Association, a standing director of the Beijing Taxation Society, and a graduate tutor of the Graduate School of the Central University of Finance and Economics and the Research Institute of the Ministry of Finance.