In addition, in 2009, the financial revenue and expenditure audit results of COSCO Group, the parent company of China Ocean Shipping, showed that COSCO Group had invested 1 102 18000 yuan to acquire and rebuild golf courses, with an annual operating loss of about 7 million yuan. On February 3rd, Zhang Yuanzhong, a lawyer of Beijing Wentian Law Firm, publicly initiated a proposal as a "small shareholder of China Ocean Shipping", suggesting that shareholders propose to convene a general meeting to recall Wei Jiafu, the chairman of China Ocean Shipping.
Reporter Zhang said that once the proposal was issued, investors' enthusiasm was very high and many minority shareholders had been collected. The specific figures are not convenient to disclose.
China COSCO has realized that investors are dissatisfied with the company due to huge losses. Guo Huawei, the director general of China Ocean Shipping Corporation, said in a recent media communication meeting that he was "too optimistic about the market" and he also said that it was objectively to give more returns to shareholders.
At that time, Guo Huawei pointed out that "restructuring" would be the focus of China COSCO's loss reduction and turnaround in 20 13, but "everything takes time", and he repeatedly stressed that he hoped to get everyone's understanding. Although Wei Jiafu was questioned by many investors, and his public statements and even apologies were called "fudge", in fact, Wei Jiafu is doing its best to this end.
The reporter noted that at the end of 20 12, Wei Jiafu made frequent moves at the level of COSCO Group. After 201195 million yuan 21195 million yuan went public and transferred the profitable air cargo business.
Correspondingly, China COSCO stated in the 20 12 pre-loss that "it will rely on the advantages of COSCO Group to do its utmost to enhance and improve its performance in operation and management. Any measures that are conducive to improving the company's performance and sustainable development will be fully implemented after full consideration. "
According to the comments made by insiders to reporters, Wei Jiafu keeps selling the assets of COSCO Group as capital, stripping off non-main assets, or paving the way for direct blood transfusion to China Ocean Shipping, in order to focus on its main business.