
Group 1 - The resignation of She Xiaomin, COO of Huacan Optoelectronics, was announced due to work adjustments, but he will continue to serve as a director [1][3] - Huacan Optoelectronics is a subsidiary of BOE Technology Group, specializing in LED chips and advanced semiconductor solutions, crucial for BOE's display products [4] - The company has seen a significant turnover in its executive team, with seven high-level resignations in 2024 alone, indicating a trend of short-term concentrated changes [4][5] Group 2 - The new COO, Cai Hexun, has been appointed to replace She Xiaomin, with a background in management at other technology firms [3][4] - The average age of Huacan's board and senior management is 47 years, with a median age of 44 years, indicating a relatively mature leadership team [5] - The total compensation for Huacan's board and senior management has increased from 10.18 million yuan in 2022 to 14.82 million yuan in 2024, reflecting a 45.54% increase over the three years [5] Group 3 - BOE's chairman, Chen Yanshun, emphasized the company's commitment to returning value to investors through share buybacks and profit distribution as the industry enters a new phase [6] - The display industry is undergoing a rebalancing, shifting from competition based on scale and market share to a focus on high profitability, technology, and added value [6]