according one update, Chou Qin International hold 211 mil...

according one update, Chou Qin International hold 211 mil shares. Another update indicate both father and son only hold 177 mil shares (35 mil short of majority)

if i was the CEO, and my father transfer the shares. Causing me to loose my majority. i'd delay the suspension until i could get those shares back and become majority owner again.

note: distributors currently hold 35 mil, which is the exact amount of shares the family require to get over the 50% ownership mark.

on another note, if you are suggesting accounting fraud? it is unlikely, the auditor confirm the number at the AGM back in May. Also, this company pay tax in China. The Chinese Tax office would have also look at the numbers.. i doubted it if they are game enough to lie to the Chinese Tax Office.

ACA partners currently hold 40 mil shares, all they need is another couple millions share which will put them over the 10% mark. That will allow them to dissolve the company.

Exit rights in China: any shareholder holding more than 10% of the voting rights of all shareholders can ask a court to dissolve the company, if the operation and management of the company suffers serious difficulties which will lead to significant losses to the shareholder's interests, and there is no other way to solve it.