HANGZHOU GAOXIN(SZ:300478) Sou Hu Cai Jing·2025-09-05 13:06Core 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 to Jirong Weiye, resulting in a new controlling shareholder and actual controller [5]. Group 1: Executive Resignations - Seven senior executives, including the chairman and general manager, have resigned as part of a transfer agreement [4]. - The original term for these executives was from February 19, 2024, to February 18, 2027 [4]. - The resignations will temporarily leave the board below the minimum number required by the company's articles of association [4]. Group 2: Company Operations - 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 [4]. - The company plans to expedite the selection of new directors and senior management [4]. Group 3: Shareholder Changes - The transfer of shares was completed, changing the controlling shareholder to Jirong Weiye and the actual controller to Lin Rongsheng [5]. - The previous board members were required to submit their resignation reports on the day of the share transfer [5]. Group 4: Company Performance - Hangzhou High-tech reported a revenue of 197 million yuan for the first half of 2025, representing a year-on-year increase of 28.79% [5]. - The net profit attributable to shareholders was -6.85 million yuan, showing a year-on-year improvement of 21.54% [5]. Group 5: Stock Market Reaction - On September 4, Hangzhou High-tech's stock price surged by 19.99%, closing at 21.01 yuan per share [6][8].