Incentive Control of Shanghai Jahwa United Company

Abstract

AbstractShanghai Jahwa United Company (referred to as Shanghai Jahwa) is one of the largest local cosmetics companies in China, and was the first company to be listed in domestic daily cosmetics industry. The Company carried out all-round competition with Multi-National Corporations (MNC). It was founded in 1898 and was developed from the original Shanghai Jahwa Co., Ltd. Shanghai Jahwa consists of the original Shanghai Jahwa (Group) Co., Ltd., the Shangshi Daily Chemical Holdings Limited, Shanghai Industrial Investment (Group) Co., Ltd., Fujian Hengan (Group) Co., Ltd., Shanghai Guang Hong (Group) Company and Shanghai Hui Sheng Industrial Co., Ltd.. For more than 100 years, Shanghai Jahwa has always followed the principle of “delicate and dedicated”, which is also Shanghai Jahwa’s commitment forever. Shanghai Jahwa committed to build a Chinese fashion brand and made a great contribution to optimizing and upgrading consumer goods industry at a new starting point and to make Shanghai the fashion capital of the world. In March 2001, Shanghai Jahwa was listed on the Shanghai stock exchange. The company was initially issued 270,000,000 shares, of which Shanghai City SASAC (State-owned Assets Supervision and Administration Commission) directly and indirectly controlled 61.47 %. In December 2011, Shanghai Jahwa completed its overall restructuring; Pingan Group invested RMB 5,109,000,000.00 to acquire all the shares of Shanghai Jahwa. Shanghai Jahwa transformed from a state-owned company into a private company.KeywordsStock OptionIncentive ObjectManagement Control SystemIncentive PlanIncentive ModeThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.