According to the "Shanghai Mingshi Investment" WeChat message on the 15th, Shanghai Mingshi Investment issued a statement saying that Yuan Yu and Li Shuo jointly decided to actively deal with differences and focus on minimizing the impact of this incident on the company. The two sides are in the process of consultation on matters such as the management of the company, and constructive results have been achieved so far, and the results will be announced to all parties on October 18, 2021.
Source: "Shanghai Mingshi Investment" WeChat ID
The statement pointed out that in recent days, the matters related to Mingshi investment have caused certain troubles to investors and partners, and hereby apologizes and expresses gratitude to all friends from all walks of life who care about and support Mingshi investment. In order to protect the interests of investors, promote the long-term and steady operation of the company, and safeguard the rights and interests of all employees of the company, Mr. Yuan Yu and Mr. Li Shuo jointly decided to actively deal with differences and focus on minimizing the impact of this incident on the company. The two sides are in the process of consultation on matters such as the management of the company, and constructive results have been achieved so far, and the results will be announced to all parties on October 18, 2021. At present, the company's daily operation is normal, the company's products continue to suspend subscription, redemption is not affected.
Previously, a screenshot was circulated in multiple investment groups, and a dispute arose between the company's founder Yuan Yu and president Li Shuo over the control of the company. According to the content of the article, Li Shuo announced the dismissal of Yuan Yu's position in the company and his management of the strategy group, which directly triggered the "key person clause" and broke the tacit understanding between the two that "not harming the interests of Mingshi", and then Mingshi Investment may face a large number of redemptions.
On the 13th, in response to the news of the company's control dispute in the tens of billions of private placements, Mingshi Investment responded in a post on the official WeChat public account that in view of the fact that Yuan Yu has taken measures that are not conducive to the long-term development of the company in the management process of the strategic technology department, according to the company's management system, the company's board of directors decided to suspend the position of the head of the strategic technology department of Yuan Yu, and Wang Xiaohan, a shareholder and partner of the company, is responsible for the daily work of the strategic technology department. Narushi Investment said that at present, the company's daily operation is normal, and everything is normal in strategic research and development.
Mingshi Investment also mentioned that in order to protect the interests of investors, the company decided to suspend the subscription of the company's products from October 14, and the redemption of products will not be affected.
Zhongxin Jingwei noted that according to the official website of Mingshi Investment Company, the company was founded in 2010 and is a professional quantitative investment institution dedicated to providing asset management services to customers, and its asset management services include stocks, bonds, futures, equity investment and other financial derivatives. The company brings together a group of industry elites in the United States with senior financial academic backgrounds, mastering cutting-edge financial technology and familiar with the operation of hedge funds. To adapt to the Quantitative Investment Method of the Chinese Market, domestic investors seek stable investment returns. (Zhongxin Jingwei APP)
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