How Do Big Shareholders Fight Small Shareholders?

A few days ago, the Oriental Silver Star announced a related shareholder's announcement of the company's holdings.

Shareholder equity holdings are not unusual in the current market, almost every year.

However, behind the announcement of the Oriental Silver Star, it is not just that "overweight" is so simple, it is both the two largest.

The result of internal fighting is also the result of competition for control rights of listed companies.

Announcement shows that in August 22nd this year, Yu Shang Group signed a contract with Shanghai Jieyu.

"They constitute a concerted action relationship.

From then on September 5th to 29, Shanghai Jieyu increased the 6 million 142 thousand and 500 shares of the Oriental silver star through the centralized trading system of the Shanghai Stock Exchange, plus the 3 million 176 thousand and 700 shares held by the company, together with 9 million 319 thousand and 200 shares. Previously, Henan business group held 28 million 823 thousand and 400 shares, both of which held 38 million 142 thousand and 600 shares of the Oriental Silver Star, accounting for 29.80% of the total share capital of the listed company.

From the contention between equity and control, the two main shareholders of Orient Silver Star are fighting fiercely.

The dispute between the two major shareholders has lasted for more than a year. During the period, the Yu Shang Group is the five tier placards of the Oriental silver star.

In recent years, the performance of Dongfang Silver Star is not good enough, and it wants to be injected into Jiangsu Dongzhu landscape assets and become a listed company that takes landscaping as its main business.

The two main shareholders of the Oriental Silver Star will also lead to a restructuring of their assets.

The result of the two major shareholders' internal struggle will inevitably affect the performance of listed companies and the interests of minority shareholders.

In addition to the Oriental Silver Star, the recent "most famous" listed company's internal fighting took place in Huaxi pharmaceutical company and the two largest shareholder of new Phoenix in Tibet pharmaceutical company.

Huaxi pharmaceutical is the largest shareholder of listed companies, but the two shareholder, new Phoenix, controls the board.

After the honeymoon period of seven years after the two major shareholders, the fighting broke out in August this year.

At the provisional shareholders' meeting held in September 30th, two independent directors recommended by the first largest shareholder were elected, while two shareholders recommended a single director.

The new Phoenix immediately issued a letter of shareholder's statement that the procedure of the provisional shareholders' meeting violated the relevant provisions, and the contents of the resolution were invalid.

In response to the struggle between the two major shareholders of Tibet pharmaceutical industry, small and medium-sized shareholders issued an initiative calling on small and medium-sized shareholders to form an alliance to raise 10% of the shares, so as to initiate a temporary shareholders' meeting individually and end the fight for equity.

For example, in September 16th, the second provisional shareholders meeting of Jiangxi Guangdong Expressway in 2014, the motion on changing the controlling shareholders and the actual controller's related commitments was blocked by small shareholders.

As for ST, it is proposed to raise funds for the first phase project of the overall relocation of technical pformation projects of listed companies, and even this year's asset restructuring, which was launched in the hot days of the stock market, and the asset restructuring plan launched by *ST Chang nine did not escape the fate of being rejected by minority shareholders.

Therefore, when the two major shareholders of listed companies appear to be fighting, small shareholders should not remain silent, but should be brave enough to safeguard their own interests.

Otherwise, the minority shareholders will eventually be dragged or hurt.