GREAT MICROWAVE(SH:688270) Sou Hu Cai Jing·2025-09-21 16:52Core Viewpoint - The actual controller and chairman of Zhenlei Technology, Yu Faxin, has been placed under detention by the Huangshi Municipal Supervisory Committee, temporarily unable to perform his duties as a director. However, the company's control remains unchanged, and daily operations will be managed by senior management. During this period, Director Zhang Bing will act as the chairman, while other directors and senior management continue their normal duties. This situation is not expected to have a significant impact on the company's normal operations [1]. Company Overview - Zhenlei Technology was established in September 2015 and focuses on terminal RF front-end chips, high-density packaged microwave modules, and microsystems. It is a private high-tech enterprise that integrates design, development, manufacturing, and sales. The company is recognized as a national high-tech enterprise and has established a provincial-level high-tech enterprise research and development center [5]. Leadership Information - Yu Faxin, born in March 1975, holds a doctoral degree and has been the chairman of Zhenlei Technology since May 2017. He has a background in communication and information systems, having served as a senior R&D engineer at UT Starcom before becoming a professor at Zhejiang University [3][4]. - In 2024, Yu Faxin received a pre-tax remuneration of 960,800 yuan from the company [3]. Shareholding Structure - As of the end of the reporting period in 2025, Yu Faxin held approximately 45 million shares, accounting for 21.04% of the company. Based on the stock price of 69.5 yuan per share on September 19, his shareholding is valued at approximately 3.1 billion yuan [4].