Governance structure
Company with an Audit & Supervisory Boardindirect ownership, 30.39%), Suning International Group Co., Ltd. (30.39% included in aggregate), and GRANDA MAGIC LIMITED (direct ownership, 30.39%
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit & Supervisory Board |
| Number of independent officers | 2 |
| Controlling shareholder | Suning.com Group Co., Ltd. (indirect ownership, 30.39%), Suning International Group Co., Ltd. (30.39% included in aggregate), and GRANDA MAGIC LIMITED (direct ownership, 30.39%) |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To disclose matters concerning controlling shareholders, etc. Through its capital and business alliance with Suning.com, the company aims to enhance synergies with the group, expand its business, leverage management resources, strengthen cooperation, and exchange management information and know-how.