According to the Yongan Forestry announcement, Senyuan Furniture's performance promise involved in the company's major asset restructuring in 2015 did not meet the standards. According to the ruling of the Shenzhen International Arbitration Court, Li Jianqiang and Nan'an Xiongchuang needed to pay compensation for 10,2313 shares and 184,164 shares respectively, for a total of 286,477 shares. Since the relevant shares have been judicially transferred to the names of Li Hongsheng and Societe Generale Securities, the two have agreed to fulfill the obligation to pay compensation. The company has passed the review of the board of directors and shareholders' meeting, and plans to repurchase the above shares at a total price of 2 yuan and cancel them. Compensation shares related to Su Jiaxu and Guxin investments will not be included in this scope for the time being. Beijing Bangsheng Law Firm believes that the repurchase cancellation procedure is legal and that the arrangement is in compliance.

Zhitongcaijing · 1d ago
According to the Yongan Forestry announcement, Senyuan Furniture's performance promise involved in the company's major asset restructuring in 2015 did not meet the standards. According to the ruling of the Shenzhen International Arbitration Court, Li Jianqiang and Nan'an Xiongchuang needed to pay compensation for 10,2313 shares and 184,164 shares respectively, for a total of 286,477 shares. Since the relevant shares have been judicially transferred to the names of Li Hongsheng and Societe Generale Securities, the two have agreed to fulfill the obligation to pay compensation. The company has passed the review of the board of directors and shareholders' meeting, and plans to repurchase the above shares at a total price of 2 yuan and cancel them. Compensation shares related to Su Jiaxu and Guxin investments will not be included in this scope for the time being. Beijing Bangsheng Law Firm believes that the repurchase cancellation procedure is legal and that the arrangement is in compliance.