Getting rid of jiameng is easy. However he control all the operations of the company in china.
Unless the aussie directors have trustworthy lieutenant in china already working in the company, they can promote. They’ll still need to rely on jiameng for days to day operation of the company. If jiameng, drop everything today. He can do lots of damage to the company. After it was his own family company not long ago, all the staff are loyal to him. He knows were all the skeletons are bury, he control the bank account. All the paperwork and connection with supplier and clients.
XPD Price at posting:
3.3¢ Sentiment: Hold Disclosure: Held