ZOTYE(SZ:000980) Shen Zhen Shang Bao·2025-10-09 15:38Core Points - Zontai Automobile announced the dismissal of Vice President Yin Xuefeng and the appointment of Huang Bangde as Vice President during the eighth board meeting on October 9, 2025 [1][3] - The company has faced significant delays in vehicle research and development since its bankruptcy restructuring in 2021, impacting its strategic development plans [1][3] - Zontai Automobile reported a revenue of 280 million yuan in the first half of 2025, a year-on-year increase of 12.61%, while the net profit attributable to shareholders was -148 million yuan, an increase of 42.82% year-on-year [4] Company Leadership Changes - Yin Xuefeng, who joined Zontai in October 2022, was responsible for manufacturing, quality, production base, procurement, and R&D [1][3] - Huang Bangde, born in September 1963, has a background in hotel management and commercial real estate, and will serve as Vice President for the same term as the eighth board [4] Financial Performance - Zontai Automobile has reported losses for six consecutive years from 2019 to 2024 [4] - As of October 9, 2025, Zontai's stock price increased by 1.40% to 3.62 yuan per share, with a total market capitalization of 18.25 billion yuan, and a year-to-date stock price increase of 51.46% [4]