# corporate%20governance
Latest news and articles about corporate%20governance
Total: 24 articles found
The Waning of a Real‑Estate Patriarch: How Wang Shi’s Personal Drama Exposes a Broader Fall from Grace
Wang Shi, the 75‑year‑old founder of Vanke, has been compelled to rebut marital split rumours as social‑media footage and changes in joint holdings signal a decoupling from his younger partner, Tian Pujun. The personal spectacle mirrors Wang's professional decline since the 2015 Vanke power struggle and failed post‑Vanke ventures, underscoring how attention economies and generational shifts can hollow out the authority of once‑powerful business figures.
The Quiet Power Behind SpaceX: Gwynne Shotwell, the ‘Adult in the Room’ Reassuring Markets Ahead of a Giant IPO
Gwynne Shotwell, SpaceX’s president and COO, has long been the operational anchor behind Elon Musk’s ambitions, credited with rescuing the company during its 2008 crisis and sustaining key customer relationships. As SpaceX prepares for a high‑profile IPO, her steadiness reassures investors, even as public markets will demand clearer governance and succession structures than a founder‑centric private company has relied on to date.
Ex-Husband Sues China’s ‘Express Queen’ for 280m RMB of STO Shares, Posing Governance Test for Family‑Run Courier
An ex‑husband has sued Chen Xiaoying and STO Express seeking around 20.28 million shares (≈RMB 280m), claiming the block was part of a 2012 divorce settlement. The Yuhuan court has accepted the case but not yet tried it; STO says the litigation will not materially affect operations or control while unresolved. The dispute highlights governance risks in family‑run Chinese public companies and could set a legal precedent for post‑divorce claims over equity that became listed after corporate restructuring.
Former Husband Sues China’s ‘Courier Queen’ Over 20 Million STO Shares — A Small Stake, Big Governance Questions
A former husband, and ex-deputy general manager of STO Express, has sued to claim half of a 40.57 million-share block held in the name of co-founder Chen Xiaoying, seeking about 20.28 million shares worth roughly 280 million yuan. STO says the suit concerns a private divorce-related shareholder qualification dispute and will not materially affect operations or control, but the case raises broader questions about governance in family-controlled Chinese listed companies.
A Broken Handle, a Firedrill and a Nearly ¥6bn Hangover: How Zhang Xiaoquan’s Quality Scandal Exposed a Deeper Corporate Crisis
A viral video showing a Zhang Xiaoquan kitchen scissor handle snapping has reopened scrutiny of the century‑old brand, exposing product‑quality issues and weak customer service. The crisis comes amid a far larger financial implosion: the controlling shareholder’s aggressive expansion and cross‑guarantees have left Zhang Xiaoquan enveloped in nearly ¥6bn of risk, prompting judicial restructuring and asset auctions.
Xiaomi Launches HK$2.5bn Automated Buyback and Will Cancel Repurchased Shares — A Vote of Confidence with Strategic Consequences
Xiaomi has set up an automated share repurchase programme worth up to HK$2.5 billion and will cancel the shares it buys back, a move management says signals confidence and protects shareholder value. The plan further trims the public float and strengthens per-share metrics, while prompting questions about the trade-off between buybacks and investment.
China’s ‘Organic Wine’ Pioneer Flags Heavy Write-down, Plans to Scrap 600 Mu of Vines as Earnings Slide
Weilong Co., a prominent listed organic-wine producer in China, warned of a 2025 net loss of Rmb40.92–66.11 million and will scrap 600 mu of vineyards as part of a Rmb62.68 million impairment package. The company attributes the shortfall to weak market demand, provisions at a subsidiary, and disrupted cash access after its controller faced legal trouble and much of the controlling shareholder’s stake was frozen.
A 120 Billion Yuan Promise That Wasn't: How a Lofty LFP Deal Exposed Corporate and Market Fault Lines
Rongbai Technology’s announcement that it would supply 3.05 million tonnes of LFP cathode material to CATL — purportedly worth over 1200 billion yuan — was built on an internal estimate rather than a binding contract. The Shanghai exchange and CATL questioned the claim, and the CSRC has opened an investigation into potential misleading disclosure, exposing governance weaknesses at Rongbai and broader risks from ambiguous industry framework agreements.
A Phantom RMB120bn Order: How a Cathode-Materials Supplier Briefly Hijacked China’s Battery Narrative
Rongbai Technology announced a headline RMB120 billion, six‑year supply intention to CATL that the buyer later described as non‑binding and not internally approved. Regulators have opened a formal probe after the company admitted the figure was an estimate and its current capacity falls far short of the volumes implied by the announcement. The incident highlights governance gaps at smaller suppliers and reputational risk for industry leaders amid rapid expansion and cooling prices in China’s LFP market.
Family Feud and Faded Sneakers: How Double Star's Boardroom Battle Hastened a Century‑Old Brand’s Decline
A public, high‑profile family rupture at Double Star — sparked by contested share transfers, a fight over corporate seals and a founder’s rejection of heirs with U.S. residency — has exposed governance weaknesses at a once‑iconic Chinese shoemaker. The dispute distracts from long‑standing strategic problems: brand ageing, market share erosion and failure to modernise product and marketing.
Shanghai-listed Materials Firm Insists Chairman Played No Role in Robotics R&D Amid Regulatory Query
Shangwei New Materials said its chairman, Peng Zhihui, did not take part in the company’s R&D and that operational responsibility sits with joint CEO/CTO Zhou Bin, after receiving supervisory queries from Shanghai regulators. The company highlighted existing governance structures and pledged more cautious external communications given Peng’s concurrent role at a related robotics firm.
Xunlei Sues Ex‑CEO as Shell Companies, Affair and Procurement Allegations Surface in Rmb200m Claim
Xunlei has filed a Rmb200 million civil suit against its former CEO, alleging he diverted funds through a shell supplier and favoured relatives and a long‑term mistress in staffing and contracting decisions. The case highlights procurement vulnerabilities and governance failures that helped fuel heavy losses during an aggressive push into cloud and blockchain businesses, and follows a management reset that the company credits with a recent financial turnaround.