HANGZHOU GAOXIN(SZ:300478) Sou Hu Cai Jing·2025-09-05 02:31Core Viewpoint - The resignation of seven senior executives at Hangzhou High-tech is directly related to a recent change in control, with the transfer of 19.03% of shares from Donghang Group to Jirong Weiye, resulting in a new controlling shareholder and actual controller [3][4]. Group 1: Executive Resignation - Seven senior executives, including the chairman and vice chairman, have resigned as part of a transfer agreement [3]. - The original term for these executives was from February 19, 2024, to February 18, 2027 [3]. - The resignations will temporarily leave the board below the minimum number required by the company's articles of association [3]. Group 2: Management Transition - Chen Yazh will continue as general manager until a new one is appointed, while Wang Chunjiang will remain as board secretary and financial director until replacements are found [3][4]. - The company plans to expedite the selection of new directors and senior management [4]. Group 3: Share Transfer and Control Change - The share transfer has been completed, changing the controlling shareholder to Jirong Weiye and the actual controller to Lin Rongsheng [4]. - The agreement stipulates that the existing board members must submit their resignation on the day of the share transfer [4]. Group 4: Company Performance - For the first half of 2025, Hangzhou High-tech reported a revenue of 197 million yuan, a year-on-year increase of 28.79%, while the net profit attributable to shareholders was a loss of 6.85 million yuan, an increase of 21.54% year-on-year [5]. - On September 4, the company's stock price surged by 19.99%, closing at 21.01 yuan per share [5][6].