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VP Vice President Leaves &Nbsp, Or Affects IPO Process.

2011/12/1 17:11:00 22

VP Vice President Turnover Impact IPO Process

   Van guest Wu Sheng, vice president of Cheng pin, has been officially confirmed to be leaving and is currently on leave. The outside world is being hot to fan IPO's departure, which means that the departure of the company or the listing of the company is experiencing twists and turns. The public relations department said this is Wu Sheng's personal choice, and the follow-up work has been done by others. Deputy general Take over.


Wu Sheng is one of the veterans. He served as director of public relations, director of V+ and vice president of van guest.


It is understood that once network There is a close relationship between Wu Xing and the widely distributed "object marketing". In July 2010, fans invited writers Han Han and actor Wang Luodan to become their spokesmen. "Love the Internet, love freedom; love late, love night stalls..." These labels were successfully spread after netizens' interpretation. This B2C website, which is mainly owned by its own brand clothing, has also been booming rapidly.


With the continuous development of VCM, the situation of staff turnover is getting worse. In the 4 years since its establishment, the former president assistant, CEO Xu Xiaohui, former vice president Zhang Xiaojun, and former vice president Li Gang of the finance department have all left. It is thought that it may be related to CEO's employment strategy and option allocation problem.


It has been reported that everyone will submit the IPO document after November 21st, and the IPO will be listed in the US in December, but eventually the customer has not submitted the IPO document as scheduled. It is reported that everyone has postponed the IPO plan. The industry speculated that the huge loss is the main reason for the delay of the listing, and the departure of Wu Sheng will further affect the listing process of all customers.


According to sources, in the first three quarters of the first quarter, the gross profit margin (including transportation cost) of all customer loyalty products was 33%, the selling expense rate was 52%, the management cost rate was 10%, the operating profit rate was -32%, the net loss was 600 million, plus the equity payment expense was 250 million, and the net loss of Q1-Q3 was 850 million.


The resignation of Wu Sheng means that the option has been completely lost, but the reasons for his resignation have not been announced. Fenghuang technology connects the Department of public relations, and the other said Wu Sheng resigned for personal reasons.

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