Traditional Culture Encyclopedia - Weather forecast - Why does Tianqi Film want to sell the equity of Dongfeng Industry?

Why does Tianqi Film want to sell the equity of Dongfeng Industry?

Poor management. As of February 27, 2023, Tianqi Film could not improve the company's situation by adjusting the management personnel, and the serious opposition of shareholders' interests led to poor management, so Tianqi Film sold the equity of Dongfeng Industry. Equity is a comprehensive right of personal rights and property rights enjoyed by shareholders of a limited liability company or a joint stock limited company.