This company, which once created the LED industry from the company's establishment to the shortest record of successful IPOs, is experiencing a "Chinese-style partner". Today evening, Ganzhao Optoelectronics (300102) issued an announcement. Mr. Wang Weiyong applied for resignation from the chairman of the company and the chairman of the strategic development committee of the board of directors for personal reasons. After resigning, he still held the position of director of the company. On the same day, the company’s director, Zeng Jiejie, resigned. Mr. Zeng Yujie applied for resignation as the vice chairman and director of the company for personal reasons. At the same time, he applied to resign as a member of the audit committee of the company's board of directors and no longer held any position in the company after resigning. Mr. Cai Haifang applied for resignation as a director of the company for personal reasons. At the same time, he applied to resign as a member of the Nomination and Remuneration Committee of the company's board of directors. After resigning, he still held the position of general manager of the company. Behind the personnel changes of the executive team is the replacement of the first major shareholder of Ganzhao Optoelectronics. According to Ganzhao Optoelectronics Announcement, Wang Weiyong holds 112 million shares of the company (accounting for 15.92% of the current company's total share capital). Wang Weiyong plans to reduce the company's shares by no more than 25 million shares within the next six months from October 18. The current company's total share capital is 3.55%. Before this reduction, Wang Weiyong was the company's largest shareholder, but not the company's controlling shareholder and actual controller. After this reduction, Wang Weiyong is no longer the company's largest shareholder. The company's largest shareholder is Shenzhen and Junzheng Asset Management Co., Ltd. and their concerted actions. The company is still in the state of no actual controller. The implementation of this share reduction plan will not lead to changes in the control of listed companies. In the first half of 2013, the film "China Partner", which was a hit in the first half of 2013, caused many resonances. People were moved by the "new dreams" of the three founders in the early days of their entrepreneurial ventures, and they also succumbed to the expansion of wealth after the three "cut and continue to chaos" Interest disputes. In fact, this scene is also constantly being staged in the turbulent capital market. It is the representative of the “Myth†that once created the fastest listing of the GEM. With the termination of the “Consensus Action Agreement†by the three founding shareholders of the company (Deng Dianming, Wang Weiyong and Wang Xiangwu) in 2013, the real-life version of “Chinese Partner†was more ups and downs than the film version. On August 12, 2010 (only four years after the company was established), Ganzhao Optoelectronics successfully landed on the GEM, and the issue price was as high as 45 yuan per share. The wealth of the company's seven founding shareholders expanded to hundreds of millions of dollars overnight. The joy of Cheng made the company's top three core founding shareholders Deng Dianming, Wang Weiyong and Wang Xiangwu agreed to jointly exercise the actual control of the company by signing a concerted action agreement, becoming the “three carriages†of the public. What is more worth mentioning is that two of the three people are tied for the first major shareholder with the same equity. The chairman and the general manager even take the same salary, and the ones have the momentum of “joining and retreating, and courageâ€. After the listing of Ganzhao Optoelectronics, the company’s share price has fallen to a high level in the past. The company’s share price has fallen below 10 yuan, and it has been repeatedly reduced after the lifting of the ban. To make matters worse, the former "Consensus Action Alliance" was announced by a company announcement. According to the announcement, the above-mentioned concerted action agreement failed to be renewed after consultation with the three major shareholders, and the company is currently in a state of no actual controller. The connection with the monarchy began in May this year. After one year from Ganzhao Optoelectronics, Wang Xiangwu, the unanimous action of the company's original controlling shareholder, finally chose a private equity fund to take over the shares. Regardless of whether the price is reduced or the background of the market, the above transactions are quite interesting. After the completion of the transaction, Shenzhen Hejun and Suzhou and Zhenghe held a total of 50 million shares of Ganzhao Optoelectronics, accounting for 7.1% of the total share capital of the listed company. The number of shares held by Wang Xiangwu was reduced to 10.7644 million shares, accounting for 1.53% of the company's total share capital. Shenzhen Hejun and Suzhou Hezheng said that its shareholding is optimistic about the development of Ganzhao Optoelectronics business, and hopes to obtain good investment income in the future. In August 2016, Shenzhen and Junzheng Asset Management Co., Ltd. signed a “Share Transfer Agreement†on behalf of Zhengde Yuansheng Industrial Innovation Structured Private Equity Fund and Deng Dianming, and Jun Zhengde intends to transfer Deng to Zhengde Yuansheng by means of agreement transfer. The 60 million shares of listed companies held by Mingming accounted for 8.52% of the total share capital of listed companies. After the completion of the transaction, Junzheng and its concerted action Suzhou and Zhengyi Equity Investment Fund Management Enterprise (Limited Partnership) held a total of 110 million shares of the listed company, accounting for 15.61% of the total share capital of the listed company. Wang Weiyong is 0.31% and will be the second largest shareholder. However, the adjustment of shareholders has not positively affected the company's performance. In the performance of several other LED chip listed companies, the performance of the first three quarters of Ganzhao Optoelectronics was not good. On October 13, Ganzhao Optoelectronics released the "2016 first quarter performance forecast". The company expects that the net profit attributable to shareholders of listed companies in the first three quarters was 201.8175 million -25,579,900 yuan, a decrease of 25%-5% over the same period of the previous year, and the profit for the same period of the previous year was 2,691,700 yuan. This company used to have a gross profit margin of more than 60% in the LED industry. From the peak profit of more than 100 million yuan to a loss of nearly 90 million yuan at the end of last year, the future of Ganzhao Optoelectronics is still confusing, but can Certainly, it is not a hundred days of pain. The handheld addresser is used to program the address of the monitoring module offline. 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