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Bao Yuming withdrew from the ranks of directors of ZTE.
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On April 10, in response to this incident, ZTE's official Weibo also issued a statement, saying that the board of directors has received Bao Yuming's application to resign as an independent non-executive director. In addition to being a director of ZTE, he is also the vice president of Jereh and its subsidiaries, an A-share listed company, and is responsible for the company's legal affairs.
According to the information, Bao Yuming has served as an independent director of ZTE since 2018, and ZTE said that he is an independent non-executive director hired by the board of directors of ZTE.
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According to reports, ZTE issued an announcement that Bao Yuming resigned as a director of the company for personal reasons and will no longer hold any position. Discharge his shares.
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In fact, it was Bao Yuming's own adopted daughter, so Bao Yuming withdrew from the board of directors.
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Because he himself did something unreasonable and illegal, it affected the company's reputation, which is why he had to make this decision.
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ZTE was already on the cusp of the storm, and because of a vicious incident involving a minor by director Bao Yuming, the board of directors was adjusted.
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Bao Yuming withdrew from the ranks of directors of ZTE.
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Bao Yuming withdrew from the ranks of ZTE's directors because Bao Yuming had adopted his daughter, and exposing his own misconduct had a negative impact on a large company like ZTE.
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This is for the development of ZTE as a whole, because Bao Yuming himself has left a stain on ZTE, resulting in the stock price.
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Mainly because his previous events have caused a lot of controversy, and his image has already been **.
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Because of the scandal between him and his adopted daughter, he is no longer suitable to serve as a director of ZTE, and he cannot continue to stay in office.
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Bao Yuming's behavior was misconducted, morally turpitude, and after adopting his adopted daughter, he did not keep her at the distance he deserved, but disregarded human ethics and carried out illegal acts against a minor in order to satisfy his own selfish desires. This is not the moral quality that a legal worker should have, and the owner has a high degree of education and cultural literacy but does not know the bottom line of being a human being, which brings harm to the society and disgraces the legal profession. This is what each of us should be warn of, so that such a tragedy cannot happen around us, and let there be more scum in society.
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There are new directors, and this new director is Zhuang Jiansheng, who replaces Bao Yuming's position.
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There should be new directors, because after all, the directors of this company cannot be missing, and they still have to operate well.
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Yes Recently, a new chairman has been added, and if there is a problem in these large companies, they will definitely make personnel changes.
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Of course there will be an impact. But at present, the impact is not large, maybe the stock price will rise, but now the stock price is already at a high value.
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I don't think it will have an impact on ZTE, because in a large company, the directors basically won't be involved in too many fields, and at most they will go out to talk about contracts, and her departure will have no impact on the future.
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However, good and evil will be rewarded in the end, and China's laws cannot be trampled on. As a lawyer, even if he is clever with his words, in the end he will be punished as he deserves.
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Forced, Bao Yuming has such a bad thing, it is a very fatal public relations problem for an enterprise, a little mishandled, the people's mood will be very big, the impact on the company is very large, the correct public relations treatment is to remove this person from the enterprise.
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was forced to withdraw, everyone's resistance and resistance played a certain role, but it couldn't bring him down, and there was a way back for him to quit.
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I believe that Bao Yuming's resignation from the list of directors of ZTE is to protect the company's image and maintain the company's ** stability. Have you figured out the difference between listed and non-listed companies? Most listed companies pay great attention to their brand image, not to mention that the **** of listed companies has a great relationship with the company's image.
Non-listed companies do not need to consider the ** problem, although the flow of funds of non-listed companies is a big problem, but non-listed companies will reduce a lot of trouble. We can also think that there are pros and cons to each situation, depending on how you consider the distinction and treatment between listed and non-listed companies.
As a leader in China's communications industry, ZTE has contributed to China's modernization and informatization, but as a listed company, ZTE must bear certain risks. I once bought an electronic product from ZTE, and it is indeed very high in performance and cost performance. In recent years, ZTE's smartphone industry has developed very slowly, unlike Huawei and Xiaomi.
This also leads to the fact that ZTE cannot take huge risks, and its own development has already seen the biggest decline, if a director of the company has a scandal, then ZTE's ** will follow**. People say that ZTE has strong creativity and the ability to change, but they also have to consider having ** and shareholders. This is the disadvantage of listed companies, they need to pay attention to their words and deeds at all times.
Even if you are not the person in charge of the company, if there is a scandal with one of the directors of the company, the company's ** will change.
Bao Yuming's resignation from the ranks of ZTE directors revealed that the company attaches great importance to its corporate image, and it also revealed that the director has caused some trouble. If this person had not had a major scandal or a major mistake, then Bao Yuming would not have given up his seat on the board easily. Combined with many factors, Bao Yuming has a problem.
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I think that's normal. As the central figure in the scandal, continuing to serve as a director is detrimental to the company's image, and it is also a sign of corporate social responsibility, so it would be wise to exclude Bao from the board of directors, both from the perspective of the company and from the perspective of social impact.
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It shows that the investigation against Bao Yuming has made great progress, and he can no longer and is not allowed to continue in his current job position, and in another way, it is also to protect the company's reputation.
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Because it was said on the Internet that he had adopted a daughter, there was zero tolerance in the law, and his incident also had a great negative impact on the company and society, so in order to avoid losses to a larger company, let him resign.
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Bad deeds, profit-seeking, etc. Bad deeds, Bao Yuming** incident will have a negative impact on ZTE. Profit-seeking, the company cannot tolerate events that will affect the profit.
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In fact, it is also expected that he withdrew from a seat on this director, after all, this incident has caused such a big heated discussion on the Internet, and if he does not withdraw, it will have a very serious impact on ZTE, so he should be blamed for withdrawing.
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I think it's related, and it's very relevant. Bao Yuming's adopted daughter has become a very bad incident. ZTE, as a business, is bound to consider its reputation. If Bao Yuming is still on the board of directors of ZTE, it will inevitably have an impact on the company's reputation.
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It is inseparable from this matter, after all, even if such an incident is not true, the impact is too bad, and ZTE does not allow such an impact to exist.
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Yes, Bao Yuming's incident has already discredited him, and he can only quit.
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It must be related, no matter whether this incident really happened or not, this kind of thing that was exposed will have an impact on Bao Yuming's reputation and reputation, so he will withdraw.
As an American, Bao Yuming violated the relevant laws and regulations on the management of lawyers' practice during his stay in China, and was revoked by the Beijing Municipal Bureau of Justice to practice lawyers, and was also deported by the Ministry of Public Security.
I think it's a result of normal consideration, and it's not too much of a problem, and that's the case for this kind of person.