JONJEE(600872) 钛媒体APP·2025-05-30 09:28Core Viewpoint - The ongoing power struggle among shareholders of Zhongju Gaoxin (600872.SH) continues, with a recent lawsuit from Talen Tong Fund Management challenging key resolutions that removed directors associated with the Baoneng Group, indicating a potential counterattack from Baoneng [2][3][4] Shareholder Dispute - Talen Tong has filed a lawsuit to annul the resolutions from the 2023 extraordinary general meeting and the 15th meeting of the 10th board of directors, citing procedural flaws in the meeting [3][4] - The resolutions in question involved the removal of four directors and three executives linked to the Baoneng Group, which suggests that Talen Tong's actions align with Baoneng's interests [3][4][5] Board Election Delays - The board and supervisory board elections have been postponed twice, reflecting the intensifying shareholder conflict within the company [4][5] - The company has cited ongoing preparations for the elections as the reason for the delays, which were initially set for March 22, 2025, then postponed to May, and again proposed for a two-month delay [4][5] Financial Performance - Zhongju Gaoxin's financial performance has deteriorated, with a reported revenue of 5.519 billion yuan for 2024, a year-on-year increase of 7.39%, but a significant decline in net profit to 893 million yuan, down 47.37% [5] - In the first quarter, the company recorded a revenue of 1.102 billion yuan, a decrease of 25.81%, and a net profit of 181 million yuan, down 24.24% year-on-year, indicating a troubling trend of declining revenue and profit [6]