A controversial 2 billion yuan discount rights issue by Dhc Software Co.,Ltd. has sparked outrage among minority shareholders, as the company's stock price has nearly halved in value.
According to reports, the company's actual controller, Xue Xiangdong, cashed out 600 million yuan at a high share price over the past year.
Furthermore, Dhc Software Co.,Ltd. has been fully suspended from bidding for military procurement contracts, adding to the company's woes.
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