New Case of Zhiming | Zhiming Law Firm Successfully Signs Major Case on Company Control and Equity Disputes

Recently, Shenzhen Kangmou Industrial Company was restructured from a state-owned enterprise 20 years ago. The company implemented an employee stock ownership plan in its early years, with the internal trade union committee representing employees to hold shares, and the remaining shares were subscribed and held by the company's chairman. In recent years, due to the effective management of the company, its performance has continuously improved and its benefits have been abundant. Subsequently, some small shareholders within the company attempted to compete for control in order to gain benefits, and thus used various means to attempt to dismiss the chairman, even resorting to disciplinary charges, criminal investigations, and other means. Taking advantage of loopholes in the company's articles of association design, they intend to activate the board of directors and shareholders' meeting to dismiss the chairman by a simple majority vote and seize control. In this critical situation, the chairman of the company searched and learned about the outstanding achievements of Zhiming Law Firm and Chief Lawyer Wang Tengfeng in the field of litigation, as well as the unique effectiveness of solving numerous difficult and complex cases in literary and artistic rights protection litigation. Full of trust and expectation, he successfully signed an agency contract with Zhiming Law Firm and handed over this difficult and major dispute to Zhiming Lawyer for handling, representing the rights protection.