XPD shoes on TaoBao mall, page-4

A major shareholders transfer his shares without informing the market.

it is the father who transfer his shares.

i wonder if his eldest son, the CEO knows about this transfer? are they even on speaking term?

The father founded the company, but it is the eldest son who own the most shares and lead the company to what it is today.. This company is Jiameng Zhang baby.

There's also 2 other brothers, involve in the business. But they seems to have been kicked out by their eldest brother.

is there a family feud ??? why did the father transfer 64 million shares for a meagre $2 million dollars,
without informing his eldest son, the company’s CEO?

Who did he transfer the share to? The other 2 brothers and their mother? Or an outsider?

This drama is just as exciting as watching game of thrones.. father, brothers against each other. No wonder the external directors all bail out.