XCEC(SH:600777) Zheng Quan Shi Bao Wang·2025-07-30 06:36Core Viewpoint - *ST Xinchao has undergone a significant leadership change, with a new board of directors and supervisory board in place, leading to a surge in stock price and a comprehensive takeover of the company's operations [1][2]. Group 1: Leadership Changes - The company has completed the registration of changes in its board of directors and supervisory board, obtaining a new business license and company seal [1]. - Zhang Junyu has been registered as the legal representative of the company [1]. - The new board consists of 9 members, with 8 present at the meeting where all resolutions were passed unanimously [1]. Group 2: Operational Takeover - The newly formed board has approved a resolution to fully take over the company's assets, business, finance, personnel, and premises [1][2]. - The new office location in Yantai, Shandong, has been put into use [2]. Group 3: Key Appointments - The board has appointed Yu Qianbo as the financial director and Lian Tao, Ma Yuchi, and Guo Gaofei as vice general managers, each with a three-year term [2]. - The newly appointed personnel have no related party relationships with the listed company or its major shareholders [2]. Group 4: Market Reaction - As of July 30, the stock price of *ST Xinchao increased by 4.56%, reaching 4.36 yuan per share, with a total market capitalization of 29.7 billion yuan [3].