Is it an internal conflict within the company? Latest response: Famous business owners who conduct research in their own companies are rejected by security guards. Zhongju High tech | Company | Security

Release time:Apr 14, 2024 07:54 AM

High end business wars are often presented in the simplest form, usually initiated by security guards.

Recently, Yao Zhenhua, the leader of the well-known "Baoneng Group", went to his own company Zhongju High tech for research but was rejected by security guards. The related videos were widely circulated on social media platforms. According to Fortune Chinese website, in 2016, Yao Zhenhua's net worth exceeded 100 billion yuan.

The actual controller cannot even enter the company gate? Is the security guard too straightforward, or is there another hidden situation?

Yao Zhenhua was rejected by his own company?

Both parties responded

Recently, Zhongshan Runtian, a shareholder of the "Baoneng Group", released a statement on the official website of Baoneng Group, stating that Yao Zhenhua, the Chairman of Baoneng Group, was very concerned about the production safety and food safety issues of the listed company after learning about major loopholes in the daily management work of Zhongju High tech. He rushed to the headquarters of Zhongju High tech in Zhongshan to investigate the production and operation situation. Unexpectedly, the security guard refused to enter.

Video screenshot.


Is it an internal conflict within the company? Latest response: Famous business owners who conduct research in their own companies are rejected by security guards. Zhongju High tech | Company | Security

Multiple media outlets have reported that a video of Yao Zhenhua being rejected by security guards has also been posted on the official website of Baoneng. In the video, Yao Zhenhua shouted to the security guard, "Are you doing this to Li, or who?" Then they will hold them accountable. You two can be honest and say, "I've never seen anything like this before. It's so chaotic."

On the 20th, Zhongju High tech issued a statement on its official website, stating that on the evening of the 19th, three non company vehicles drove to Zhongju High tech Zhongshan Factory in front of the car passage gate at Gate 1 and requested to enter the factory area. After verification by security personnel, the visitor did not make an appointment and did not present any relevant identification documents. The on-site security personnel did not receive instructions from the company's executives that visitors would enter the factory area.

Screenshot of the statement on the official website of Zhongju High tech.

"Considering that the normal closing time of the company has exceeded 1.5 hours, and the office building in the factory area was under repair due to a power supply system malfunction at that time, all staff members have left the factory area after work. To ensure the safety of the company, security personnel did not allow them to leave, and politely asked them to contact the company's management directly," Zhongju High tech stated.

Zhongju High tech also stated that currently, the production and operation status of the company is normal, and all employees are strictly on duty and responsible to ensure that all work of the company is carried out smoothly according to plan.

Hotly discussed by netizens:

The barbarian was taught a lesson by the security guard


Is it an internal conflict within the company? Latest response: Famous business owners who conduct research in their own companies are rejected by security guards. Zhongju High tech | Company | Security

Regarding the incident of Yao Zhenhua being rejected by security guards, netizens commented enthusiastically, "High end business wars often adopt the simplest methods." "Crazy barbarians were taught a lesson by security guards."

Screenshots of comments from some netizens.

Previously, in the "Battle of Ten Thousand Treasures", Yao Zhenhua was referred to as a "barbarian". A netizen said, "Wang Shi never dreamed that two security guards could easily handle the barbarians he couldn't stop."

Some netizens also believe that "this cannot be put in, the security guard is responsible for adding chicken legs to the security guard." "Of course, people cannot be placed in indiscriminately. What should we do if we steal the official seal?" According to sorting, "grabbing the official seal" is not uncommon in some listed companies during internal conflicts. Previously, many listed companies staged farce of grabbing the official seal.

Internal Struggle Continues: Shareholders Meeting or Key

Analysis suggests that whether Yao Zhenhua was rejected by security guards or Zhongju High tech responded with a statement stating that "all employees are strictly on duty," these are all caused by the upcoming shareholder meeting of Zhongju High tech, indicating that the company's internal competition has reached a white hot stage.

On July 7th, Zhongju High tech announced that it had decided to hold the first extraordinary general meeting of shareholders of Zhongju High tech on July 24th, 2023, to review proposals submitted by relevant shareholders, including the removal of four directors, including He Hua, Huang Wei, Cao Jianjun, and Zhou Yanmei, from their positions as directors of the 10th Board of Directors.


Is it an internal conflict within the company? Latest response: Famous business owners who conduct research in their own companies are rejected by security guards. Zhongju High tech | Company | Security

There are reports that all four of them, without exception, have a background in "Baoneng". If these four individuals are dismissed at the subsequent shareholder meeting, the "Baoneng Group" will completely lose control of Zhongju High tech.

Subsequently, the "Baoneng Group" launched a counterattack. On July 12th, Zhongshan Runtian reported in a statement that several companies, including Zhongshan Torch Group Co., Ltd., were suspected of engaging in major criminal activities such as false litigation and securities manipulation. However, the relevant companies subsequently denied it.

Before 2015, Torch Group had always been the largest shareholder of Zhongju High tech. Until 2015, Baoneng Group continued to increase its holdings in Zhongju High tech through the secondary market and became the largest shareholder of Zhongju High tech that year. But later, with the outbreak of the "Baoneng Series" debt crisis, the latest equity structure showed that "Baoneng Series" had been downgraded to the second largest shareholder of Zhongju High tech.

The holding subsidiary of Zhongju High tech owns two major brands, "Chubang" and "Meiweixian". Many commonly used household products such as Chubang soy sauce, Chubang consumable oil, and Weijixian come from its subsidiary companies. It remains to be seen who these brands will ultimately fall into.

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