AHB(SH:688639) Xin Lang Cai Jing·2025-09-18 08:46Core Viewpoint - The departure of core technical personnel Liu Zhicheng from Anhui Huaheng Biotechnology Co., Ltd. is not expected to impact the company's core competitiveness and ongoing operational capabilities [1] Group 1: Personnel Changes - Liu Zhicheng has left the company for personal reasons and will no longer hold any position within the company [1] - He held a 0.0089% stake in the company and will comply with relevant regulations and commitments post-departure [1] - The company has signed a confidentiality and non-competition agreement with him, and no breach has been identified [1] Group 2: Company Structure and R&D - As of June 30, 2025, the company has 286 R&D personnel, accounting for 13.42% of its workforce [1] - The company asserts that it does not rely on a single core technical personnel, indicating a robust structure to maintain its competitive edge [1] - The underwriter has conducted a review and found no objections regarding the impact of Liu's departure on the company [1]