Oppose all these resolutions! First, targeted issuance will for...

Oppose all these resolutions!
First, targeted issuance will for certain strengthen particular shareholders' control over the firm while diluting the voting power of all other shareholders;
Second, targeted options issuance will for certain strengthen particular investor's right over the firm without binding obligations, i.e., they exercise only when there are financial benefits;
Third, convertible notes will for certain contribute to future uncertainties of the shareholder base. The note investors enjoy both the creditors' and owners' title which can be switched as they wish;
Fourth, there is less harm for the firm to issue priority shares and/or bonds, which can avoid all issues listed above;
Fifth, the targeted shareholder and option investors are both Chinese firms, which raise concerns over uncertainty of firm's future operation and creditability of firm's financial reports.