1月5日，在外方股东今日资本投资一（香港）有限公司的提议下，真功夫公司召开了久违近两年时间的董事会会议。

On January 5,,In the foreign shareholders' capital investment a today(Hong Kong)Limited company of the proposal,True kung fu company held a long time of the meeting of the board for nearly two years.

　　自2009年两大创始人蔡达标和潘宇海因公司管理问题出现意见分歧后，真功夫公司董事会就没有正常运转，随着2011年4月蔡达标被批捕，董事会进一步瘫痪。据悉，出席当天会议的董事有代理董事长潘宇海、董事潘敏峰以及香港今日资本公司委派的外方董事方华，而蔡春红作为蔡达标的代表也出席了会议。

Since 2009, the two founders CAI standard and PanYuHai for company management problems appeared after the disagreement,True kung fu the board of directors of the company does not have the normal operation,As in April 2011, CAI standard is of necessity,The board of directors to paralysis.It is reported,Attend the meeting of the directors has acting chairman of the board of directors PanYuHai/Director PanMinFeng today as well as Hong Kong capital foreign directors FangHua as assigned by the company,And CaiChunGong also attended the meeting as the representative of the CAI to mark.

　　值得注意的是，此前一直支持蔡达标的香港今日资本公司已经易主，当天表决的六项议案，均以3：1票数通过。香港今日资本公司确认其股权自2012年11月之后已不再为今日资本集团持有，也就是说，今日资本集团已经不再持有真功夫任何股份。

It is important to note that,Has been support CAI standards of the Hong Kong capital company has today,The vote of the six bills,All three:1 votes through.Hong Kong capital company today confirmed its equity since November 2012 for today's capital group no longer holds,That is to say,Today's capital group no longer holds true kongfu any shares.

　　一位接近该交易人士对本报透露，今日资本集团以1亿元价格出售旗下持有真功夫3%股权的香港今日资本公司，并索回了此前为购得股权而打给潘宇海的380万美元预付款，最终以约合1.2亿元人民币的价格逃离真功夫，获利将近一倍。

A close to the deal in this newspaper,Today capital group with 100 million yuan price sell, a true kung fu 3% equity capital today in Hong Kong company,And raise the previously purchased for equity and call PanYuHai advance payment of $3.8 million,In the price of 120 million yuan RMB from true kung fu,Nearly twice as much as profit.

　　今日资本出逃 Today, capital fled

　　2007年10月，为实现真功夫上市，蔡达标引入今日资本和中山联动两家风投，联合向真功夫注资3亿元，并为真功夫规划了2010年上市蓝图。但随着公司的不断壮大，蔡、潘两人在公司的经营管理上逐渐出现了分歧。

In October 2007.,In order to achieve true kung fu,CAI standards introduced today capital and zhongshan linkage two tapping,Joint to true kongfu capital injection of 300 million yuan,And for true kongfu planning the blueprint for going public in 2010.But with the growing of the company,CAI/Pan two people in the company gradually appeared in the management of differences.

　　2010年9月18日，为打破公司僵局，蔡达标与潘宇海、今日资本签订了关于潘宇海股权转让的三方协议。根据协议，蔡达标一方将付出7520万元购买潘宇海持有双种子公司35.74%股权（对应真功夫公司3.76%的股权），今日资本一方将以4.25亿元购买潘宇海持有真功夫公司21.25%股权。

On September 18, 2010,To break the deadlock,CAI standard and PanYuHai/Today's capital on the three parties of PanYuHai equity transfer agreement.According to the agreement,CAI standard party will pay 75.2 million yuan to buy PanYuHai hold double seed companies 35.74% stake(Corresponding to the true kongfu 3.76% stake in the company),Today capital one party will be 425 million yuan to buy PanYuHai hold true kung fu company 21.25% stake.

　　该交易如果完成，意味着真功夫两大股东势钧力敌之势将被打破。可是，这貌似顺利进行的一切，后来却随着潘宇海的毁约、蔡达标的被捕无疾而终。而更让今日资本尴尬的是，蔡潘两家纠纷愈演愈烈，真功夫上市无望之余，就连此前向潘宇海打的380万美元预付款也收不回来。

The deal if finished,Means true kung fu jun two big shareholders potential power of the enemy's there to be broken.but,It seems everything smoothly,But with the release of PanYuHai later/CAI standard was died.And more embarrassing thing for today's capital is,CAI pan two dispute intensified,True kung fu listed outside of hopelessness,Even after the PanYuHai hit $3.8 million advance payment also close not come back.

　　最终，今日资本顶不住股东层的压力，选择了退出。

In the end,The pressure of capital today stand up shareholders layer,Chose to quit.

　　2011年11月30日，在蔡达标出事后的半年，今日资本于向潘宇海发出 《关于解除的通知》，表示因蔡达标违反其对今日资本的陈述与保证，立即解除各方之间的 《框架协议》、《定金协议》、《股权授予协议》等。

On November 30, 2011,Half a year in the CAI standard after the accident,The PanYuHai capital in today [About the termination notice],Because CAI standard in violation of its representation and warranty for the capital today,Immediately remove the between the parties [Framework agreement]/[The deposit agreement]/[Stock award agreement]And so on.

　　“今日资本集团已将原下属子公司今日资本投资一（香港）有限公司的全部股权转让给润海有限公司，并已于2012年11月30日完成了交割。”1月7日，今日资本集团给本报发来的声明强调，今日资本集团与香港今日资本公司不存在任何关联关系，而依据交易双方约定，香港今日资本公司的公司名称亦将会更名。

"Capital group have set up the subsidiary today a capital investment(Hong Kong)Limited company of the all stock transfer to embellish the sea LTD,On November 30, and has set up a file in 2012 completed the delivery."Jan. 7,,Today to our declaration emphasizes capital group,Capital group and Hong Kong today we don't have any relationship,And on the basis of both parties agreed,Hong Kong capital of the company's company name today and will be renamed.

　　另据上述接近交易人士透露，经过多次洽谈，今日资本集团最后以1亿元价格出售香港今日资本公司。他还透露，出于多方考虑，当年真功夫的实际估值并不是对外宣称的50亿，仅为20亿元，今日资本实际上只付出6000万元购得3%真功夫股权，这次退出获利将近一倍。

According to the above according to the people close to deal,After many negotiations,Capital group today finally with 100 million yuan price sell Hong Kong capital company today.He also revealed that,For many reasons,True kung fu at the time of the actual valuation is not declared in 5 billion,Only for 2 billion yuan,Today capital actually only pay $60 million for 3% true kung fu,This exit nearly twice as much as profit.

　　对此，记者多次尝试联系今日资本总裁徐新求证，但其手机一直无人接听。

this,Reporter attempts to contact this capital President xu xin verification,But the mobile phone has been no one answered.

股东僵局破冰？ Shareholders the ice ice?

　　目前，潘宇海和蔡达标各持真功夫41 .74%的股权，双种子公司占10.52%（其中蔡、潘各占5.26%），此外香港今日资本公司和中山联动各持股3%。后来，蔡达标通过控股中山联动，股权比例反超潘宇海。

At present,,PanYuHai and CAI standard each hold true kongfu 41. 74% of the equity,Double seed companies accounted for 10.52%(The CAI/Pan each accounted for 5.26%),Besides Hong Kong capital company today and zhongshan linkage each holding 3%.later,CAI standard through holding zhongshan linkage,Equity ratio overhaul PanYuHai.

　　蔡达标当年主动引入今日资本，与徐新关系一向不错。而中山联动派驻真功夫的董事是黄建伟，在蔡达标的刑事指控中的一项，就是蔡达标挪用备用金36万元，用于支付其请黄建伟担任中山联动公司法人的薪酬，由此可见两者关系之密切。因此，在之前的董事局会议上，蔡达标一方往往以3：2占优。

CAI standard in active into the capital today,Has always been a good relationship with xu xin.And zhongshan linkage in true kung fu is the director of HuangJianWei,A in the CAI standard of criminal charges,CAI is standard for petty cash 360000 yuan,Used to pay for the please HuangJianWei as zhongshan linkage corporate salary,This shows the relationship between closely.so,Before the board meeting,CAI standard one party often by 3:The dominant.

　　但后来，蔡达标被批捕以后，今日资本和中山联动甚少表态。据本报了解，2011年9月26日，今日资本总裁徐新辞任真功夫董事，由副总裁方敏接任，后者亦于2012年11月12日辞任该职位。

But in the end,After CAI standard is of necessity,Zhongshan with little capital and comment today.According to our understanding of,On September 26, 2011,Capital today President xu xin resigned as true kung fu,By the vice President FangMin take over,The latter on November 12, 2012, resigned as this position.