United States Federal Court against a Chinese company

Filed Under (About Watch) by admin on 25-05-2010

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Bulletin said, adding that the appointment of the original Chen Wei Ping An Bank Vice President Vice President and Chief Financial Officer for the line, Richard Jackson and Chan also been nominated for the deep development of Executive Directors.


Mac Makeup Brush Co,.Ltd Board also considered the nomination by the Ping An Group and Ping An Life Insurance recommended six directors: namely, Group Executive Director and Deputy General Manager of Ping An Liping; Ping Group Executive Director, Vice President, Chief Financial Officer Yao Bo; Ping Group Vice General Manager, Green Data Technology (Shenzhen) Co., Ltd. Chairman and CEO Min Gu; peace group vice president, peace Technology (Shenzhen) Co., Ltd. Chairman and CEO LO Sai Lai; Assistant General Manager of Ping An Group and chief audit executive Yesu Lan.


At the same time, three directors from the bridge – Tang Cairo, Ms Mary Ma and Liu Weiqi has deep development director to resign from the board, the resignation of 24 since May 25 when the effect.


Bridge and peace in the deep development board “have replaced old ones,” initially completed at a time when the lightning from both sides early convertible less than 20 days.


May 7, bridge will be 5.2 million shares held by Mac Makeup Brush Co,.Ltd Bank transfer of ownership to the name Ping, Ping An Life with 4.68% previously held by Mac Makeup Brush Co,.Ltd Bank shares held by Shenzhen Ping An of China has reached 21.44 percent stake in the development, the development of a deep largest shareholder.


Mac Makeup Brush Co,.Ltd Bank at the same time that the need for bank restructuring, Mr. Liu Baorui, tendered his resignation to the Board director since May 23 effect. Mr. Liu Baorui will continue to serve as vice president of the executive office, is responsible for the retail banking business.


The future or the integration of the two banks into a


Orient Securities analyst Wang Xiaogang Insurance Financial, said the first time to NetEase, and the peace movement is very fast and efficient, increase its seats in the board of directors is to increase the voting power of peace, while the vote is behind the voice of peace, by personnel on a series of re-appointment of deep peace will greatly increase control over the development.


“Ping An Group’s future or further injection of Ping An Life, and then make them a controlling stake in Mac Makeup Brush Co,.Ltd Bank 50% or even higher, to achieve absolute control, will eventually Ping An Bank and Mac Makeup Brush Co,.Ltd Bank the possibility of synthesis of a very large,” Wang Xiaogang analysis.


Specific way of integration for both sides, vice chairman of Sun Jian Ping An Group 4 at the end of this year to accept a NetEase Finance, said during an exclusive interview, the “final peace is to become the largest shareholder holding or as a way” which is reminiscent of the year peace on the integration of Shenzhen Commercial Bank.


Information, Shenzhen City Commercial Bank was established in June 22, 1995, is the first city commercial banks; July 30, 2006, Ping An Group to 4.9 billion yuan acquisition of Shenzhen Commercial Bank 89% of the shares; next year June 16, has been holding peace of Shenzhen Ping An Bank, Commercial Bank of merger and renamed as Shenzhen Ping An Bank Limited.


But a spokesman Sheng Ruisheng Ping An Group has also repeatedly stated publicly that the integration of programs for the SDB is still uncertain whether it will also be integrated into a development, as the case may be.


According to a recent announcement of deep development, the bank granted Ping An Bank reduced the amount of one billion yuan credit line continued to do with the industry and deep development, said the sharing of best practices, expand the scope of customer service to enhance sales capabilities, and full use of efficient operations and technology platform, the Mac Makeup Brush Co,.Ltd with China Ping An and its subsidiaries has a huge potential opportunities for cooperation, all parties will gradually advance specific business cooperation.

Looking finish to create points:

Filed Under (Uncategorized) by admin on 20-05-2010


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