Brown proposed a motion to fix the general manager's monthly salary at 2 million yuan, but it was rejected by the board of directors.

date
10/08/2025
Reporters have noticed that some netizens are sharing a "bizarre" story about Borant: Chairman and General Manager Yin Rongzao requested a fixed monthly salary of 2 million yuan and a year-end bonus of "company profit - 1 yuan", but this was rejected by the board of directors. Upon searching for related announcements from Borant, the journalist found that this situation was true. At the same time, Jiaxing Junlan Investment Partnership Enterprise, the tenth largest shareholder of Borant, recently issued an open letter to all shareholders condemning Yin Rongzao and calling for changes to the company's articles of association and the restoration of normal governance structure. It is worth mentioning that Borant's official WeChat public account has reposted in full the news of the rejected proposal and the "attack" open letter from Jiaxing Junlan.