Guangdong PAK (SZ:300625) Tai Mei Ti A P P·2025-07-31 13:06Group 1 - The new general manager of Sanxiong Aurora, Lin Yan, has voluntarily chosen to forgo most of his salary, only retaining the legally mandated social security and housing fund contributions, signaling a commitment to the company's future and cost optimization [2][3] - This decision comes amid significant internal conflict within the company's board, with two founding board members expressing strong doubts about Lin Yan's capabilities, indicating a deepening governance crisis [2][4] - The board's recent meetings have revealed stark divisions, with opposing votes on key personnel appointments and salary proposals, highlighting the rift between factions led by Lin Yan and Zhang Yutao versus those led by Zhang Xianqing and Chen Songhui [4][5] Group 2 - The internal strife is a continuation of a dramatic board meeting held on June 27, where a rare "dual proposal" scenario unfolded regarding the election of the chairman, ultimately resulting in Zhang Yutao being re-elected despite opposition [6][9] - The company's financial performance has deteriorated significantly, with a reported revenue of 2.078 billion yuan for the 2024 fiscal year, down 11.64% year-on-year, and a net profit of approximately 48.09 million yuan, down 76.53% [9][10] - The first quarter of 2025 saw further decline, with revenue of 334 million yuan, a 15.82% decrease year-on-year, and a net loss of approximately 15.31 million yuan, marking a shift from profit to loss [10]