Oriental Jinyu Co., Ltd. (Oriental Jinyu, 600086) announced on August 4 that Zhao Ning, 38, the chairman of the company, resigned from all positions due to ill health, but he resigned as chairman in February and resumed his position in March. Also resigning was director Song Xiaogang, who resigned for personal reasons.
Zhao Ning, chairman of Oriental Jinyu, is pictured per network
According to the announcement, Zhao Ning, male, Han ethnicity, born in January 1981, graduated from the Swiss Business School MBA, Wuhan University School of Economics and Management in the direction of marketing doctoral candidates. He is currently a deputy to the 6th Shenzhen Municipal People's Congress, a member of the Yunnan Youth Federation, a member of the Tengchong County CPPCC Committee, a vice president of the China Gold Association, a vice president of the China Jewelry and Jade Jewelry Industry Association, a vice president of the Yunnan Jewelry and Jade Jewelry Industry Association, Yunnan Xinglong Industrial Co., Ltd., Tengchong Jiadeli Jewelry Industry Co., Ltd., Yunnan Jiayu Equity Investment Fund Management Co., Ltd., Yingjiang Phoenix Hot Spring Co., Ltd., Yunnan Yiyou Network Information Industry Co., Ltd., Yunnan Oriental Jinyu Jewelry Co., Ltd., Yingjiang Oriental Jinyu Jewelry Co., Ltd., Executive Director of Shenzhen Oriental Jinyu Gold Jewelry Co., Ltd., Shenzhen Oriental Jinyu Jewelry Industrial Co., Ltd., Zhongrui Financial Holdings (Shenzhen) Co., Ltd., Zhongyun Commercial Factoring (Shenzhen) Co., Ltd., Huizhou Oriental Jinyu Jewelry Co., Ltd., Tengchong Oriental Jinyu Jewelry Co., Ltd., Jiangsu Oriental Jinyu Jewelry Co., Ltd., Ruili Oriental Jinyu Jewelry Co., Ltd., Tibet Oriental Jinyu Jewelry Co., Ltd., Ruili Sister Hongning Jewelry Co., Ltd. Executive Director and General Manager, Chairman of Jinyu Small Loan. Chairman, President and Director of Oriental Jinyu.
In April 2015, Zhao Ning succeeded his father Zhao Xinglong as the chairman of the company, and is currently the actual controller of Oriental Jinyu, and the current period of service is until April 23, 2021.
Oriental Jinyu is known as the "first share of jadeite" in the capital market, its predecessor was Duojia shares, and it was renamed Oriental Jinyu after asset restructuring in 2006.
Oriental Jinyu said in its 2018 annual report that according to the "Global Powers of Luxury Goods 2019" released by Deloitte T, a world-renowned auditing and corporate consulting company on April 17, 2019, the 2019 Global Powers of Luxury Goods 2019 announced the world's top 100 luxury goods companies, and Oriental Jinyu was once again ranked among them, one of the 9 companies in China (including Hong Kong), ranking 42nd. Up 8 places from last year.
It is worth noting that in the 2017 Hurun Rich List, Zhao Ning (family) became the richest man in Yunnan with a wealth of 7 billion yuan.
Behind the resignation, Oriental Jinyu has now been investigated by the Securities Regulatory Commission. On January 18, Oriental Jinyu announced that it was investigated by the SECURITIES Regulatory Commission for suspected violations of laws and regulations on information disclosure.
After being investigated by the CSRC, Oriental Jinyu terminated the transfer of control. At that time, Zhao Ning and Wang Yingyan planned to transfer 100% of the shares of Xinglong Industry (formerly the controlling shareholder of the listed company and currently the second largest shareholder of the listed company) held by them to China Lantian Corporation. If the above transaction is completed, China Lantian Corporation will become the new actual controller of the listed company.
To this end, Zhao Ning resigned as chairman in February, but after terminating the acquisition, Zhao Ning announced his resumption of office in March.
On July 20, Oriental Jinyu announced that on July 18, the CSRC issued an Investigation Notice to the controlling shareholder, Yunnan Xinglong Industrial Co., Ltd. (hereinafter referred to as "Xinglong Industry"), Mr. Zhao Ning, the legal representative of Xinglong Industry, China Lantian Corporation and its related personnel. Due to the suspected violations of laws and regulations on information disclosure by the above-mentioned shareholders and related personnel, the CSRC decided to investigate the above-mentioned shareholders and related personnel.
In order to replace the two directors who resigned, the board of directors of Oriental Jinyu nominated Zhang Wenfeng and Shi Yongqi as new directors and submitted them to the shareholders' general meeting for consideration, but the board announcement did not disclose the resumes of these two people, and Zhang Wenfeng had the same name as the current president.
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