GREAT MICROWAVE(SH:688270) Di Yi Cai Jing·2025-09-22 04:05Core Viewpoint - The actual controller and chairman of Zhenray 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 [1]. Company Overview - Zhenray 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, research, production, and sales. The company is recognized as a national high-tech enterprise and has established a provincial-level high-tech enterprise R&D center [7]. Leadership and Compensation - Yu Faxin, born in March 1975, holds a doctoral degree and has been the chairman since the company's restructuring. In 2024, he received a pre-tax compensation of 960,800 yuan [4][5]. As of the end of the first half of 2025, he held approximately 45 million shares, representing a 21.04% stake in the company, valued at around 3.1 billion yuan based on the stock price of 69.5 yuan per share [6][7]. Financial Performance - In the first half of 2025, Zhenray Technology achieved a revenue of 205 million yuan, reflecting a year-on-year growth of 73.64%. The net profit attributable to shareholders reached 62 million yuan, marking a significant increase of 1006.99% [9].