Xingye Leather Completes Shareholding System Pformation

Half a month before the Spring Festival of 2008, Xingye changed into new "leather" early.

Recently, reporters in Xingye leather Polytron Technologies Inc (hereinafter referred to as "Xingye") saw a group of workers being refurbished at the gate of Xingye. The original "Jinjiang Xingye Leather Co., Ltd." has now been replaced by "Xingye leather Polytron Technologies Inc".

In the afternoon sunlight shining, still can smell a fragrance of fragrance.

"This is the need for a company to go public.

Xingye's listing is just beginning, and there are many things waiting for us. "

A senior executive at Xingye revealed.

Early in December 26, 2007, Xingye held a low-key meeting at the Jinjiang honorary hotel to convene the "founding meeting of Xingye leather Polytron Technologies Inc and the first meeting of shareholders' meeting".

At the meeting, apart from a few core figures in Xingye, we also invited the relevant leaders of Jinjiang listing office and Jinjiang listed companies.

The meeting adopted the rules of procedure and the independent director system of the shareholders' meeting, board of directors and board of supervisors, and elected Wu Hua Chun as chairman and vice chairman of Cai Jianshe, chairman Sun Yaoyue and Wu Zuxiong as secretary and vice president of the board. Sun Huiyong, Hu Bin, Luo Fengxu and other vice presidents and Li Guangqing as financial controller.

As a matter of fact, since the second half of last year, Xingye began to "drum up its own drum" and passed the process of restructuring and regrouping from wholly foreign-owned enterprises to Sino foreign joint ventures and then to changing shareholding system, so as to further standardize and perfect various internal management and systems.

To this end, the Xingye also launched the "cattle culture" in September last year, vigorously publicizing the "cow spirit", and comprehensively molding enterprise culture.

According to the above, the choice of cattle culture at that time is also to prepare for the listing of Xingye in 2008.

"Listed companies should strive for the trust and support of shareholders. In addition to financial and other aspects of standardization and pparency, positive corporate culture is also very important."

The implementation of "cattle culture" before listing also implies the hope that stock prices will continue to rise after the listing of Xingye.

In recent years, the Jinjiang municipal government has vigorously created the "Jinjiang plate" in the capital market.

At present, a number of enterprises in Jinjiang, such as relatives, Li Lang, nine Mu Wang and Zhen Ba, have been holding preparatory meetings for listing. Many enterprises have set up working groups or related departments, which are responsible for listing matters.

Just a few days ago, the company successfully completed the pformation of its shareholding system.

This shows that Jinjiang enterprises have gradually formed a "catch up with each other" listing boom.

"Our industry is expected to open the door of listing this autumn."

Xiang Yong, director of Xingye human resources administration center, said.

In fact, at the end of November last year, the "public inspection group" composed of 9 deputy secretaries and executive vice chairman Fan Fuchun of the China Securities Regulatory Commission visited Xingye and fully affirmed the achievements of Xingye.

According to introducing, Jinjiang Xingye leather Polytron Technologies Inc was founded in 1992, located in Anhai, Jinjiang, Fujian, with a registered capital of 50 million yuan, covering an area of 80 mu and a factory area of 50 thousand square meters. Now it is a Sino foreign joint venture, and is a leading enterprise in China's leather industry.

Societe Generale specializes in R & D and production of cattle head skin. In recent years, Xingye has been the main supplier of most famous international brands and famous brands in China, following the internationalization of the domestic market and the internationalization of the international market. The market share of shoe upper leather is the first in the industry, and it is also the largest supplier of leather material in China.