The resignation of Li Xuliang management executives frequently couples are no longer on the ground?

According to the "daily economic news" reported last year after Li Xuliang resigned as KingSun chairman after his wife, Wen Qi Li Xuliang also recently resigned as vice chairman of the duties, no longer hold any position in the company. This means that Li Xuliang couple completely withdraw from the KingSun management.

The day before, KingSun disclosure announcement that the company received a written resignation of vice chairman Wen Qi, chief financial officer Hu Xuangen's application.

Among them, Wen Qi resigned for personal reasons resigned from the company's third board of directors, vice chairman of the board of directors, the company's strategic committee and other duties, resigned after no longer hold any position in the company. Financial director Hu Xuan also resigned for personal reasons, the company's chief financial officer, resigned after no longer hold any position in the company.

KingSun 2014 annual report, Li Xuliang and Wen Qi through Dongguan KingSun group limited holds 27.22% of the shares KingSun, and Wen Qi alone also holds 1.11% shares kingsun.

Public information, Li Xuliang and Wen Qi for veteran entrepreneurs KingSun, Wen Qi since 2000 in KingSun office, Wen Qi was elected vice chairman in July 14th last year, the term to the third session of the board of directors is the end of December 8, 2016, the expiration of the resignation, means of Wen Qi freshman flash quit.

KingSun CFO also appeared the phenomenon of frequent substitutions. Statistics show that in September 2013, Qin photoelectric financial director Mao Xiaobin resignation, was replaced by the current chief financial officer Hu Xuangen, Hu Xuan with the expiration of the term of office in December 8, 2016, which means that Hu Xuan with at the expiration of the term of early resignation.

In April 29th, KingSun disclosure report, last year the company achieved operating income of 906 million yuan, down 21%, net profit of 12 million 290 thousand yuan, down 88%, after deducting non recurring net profit loss of 13 million 800 thousand yuan, up sharply down 114%.

For net profit fell sharply, KingSun explained that although emerging energy-saving environmental protection industry of semiconductor lighting industry belongs to the national key support, but the enterprises to grab market share, intense competition, price war and channel brand competition gradually staged, making corporate profits decline.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).