CYG(SH:600525) Mei Ri Jing Ji Xin Wen·2025-09-12 16:25Group 1 - The core point of the article is the resignation of Wu Qiquan from all positions at ST Changyuan, which may be related to the company's financial issues and risk warnings on its stock [1][2][7] - Wu Qiquan served as the chairman of ST Changyuan since July 2018 and also held the position of president until April 2023 [2][5] - The company announced that Wu's resignation will not affect the board's operation or the company's management [5] Group 2 - Wu Qiquan's resignation follows a negative audit report for the company's 2024 financial statements, which cited issues related to fund misappropriation by a company he controlled [2][7] - The audit report indicated that funds paid to suppliers were indirectly transferred to Zhuhai Yuntaili Holdings, a company controlled by Wu [7] - As of now, Wu holds 106 million shares of ST Changyuan, representing an 8.02% stake, making him the second-largest shareholder [6]