Executives in the LED industry have been resigning frequently. When the managers of LED companies are smug, they suddenly ushered in a resignation application from a core employee or executive.
Since 2018, this phenomenon has continued, and many LED listed companies have resigned. Gaogong LED has sorted out the “resignation of executives†in the LED industry in the past two months.
2018 LED Corporate Executive Resignation Form
According to the table, it is clear at a glance that the resignation time of these executives is around the New Year. The reasons for resignation are mostly personal reasons. Some company executives will not be employed in listed companies after resigning, while others will continue to stay in office. the company.
In fact, in recent years, the resignation of executives has become a normal state in the LED industry. In 2017, there have been many cases of executives leaving their LEDs. In this context, Gaogong LED summarized the cases of 26 senior executives of 14 LED listed companies in 2017, and found that the official reasons for leaving were also based on personal reasons and personal physical reasons.
2017 LED Corporate Executive Resignation Form
Although most listed companies have simple explanations for executive resignation, the market has another interpretation. Yang Hai, deputy director of the Open Source Securities Research Institute, said that some executives of listed companies have resigned, which may be laying the groundwork for cashing. As for the reduction of cash, many listed companies have been labeled as “violation†behind the resignation of executives.
Taking non-LED companies as an example, the announcement of the resignation of 12 executives including the chairman and some directors of the Supervisor was released on December 20, 2017, but on January 8, the company held an extraordinary general meeting. After that, the personnel changes only to the dust.
According to the company's disclosure notice, Shi Miaofang, Zhang Ting, Li Dongming, Chen Jianhui, Gu Yuli, Yan Yanling, Lu Yong and Liu Yuanling, etc., most of them resigned because of personal reasons, but in the violation of the rules are shown as "yes".
Another industry analyst said that the reasons for the resignation of listed company executives have certain complexity, including changes in business strategy, unstable industry development expectations, stock holdings and other factors will lead to high-level changes in listed companies. However, in any case, the departure of executives has a greater impact on enterprises, and the departure of executives indicates that investors will also shake the future operating income of enterprises.
Regarding the impact of executive resignation on listed companies, Xiang Meng, executive director of Xiangxi Capital, said that although listed companies have a sound and sound corporate governance structure, if core executives suddenly leave, they may cause short-term business discontinuities and Unstable, it will have a negative impact on the daily operations of listed companies.
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