提前大跌！301190，董事长被抓

Core Viewpoint - The chairman and actual controller of Shanshui Technology, Huang Guorong, has been subjected to criminal coercive measures, leading to a significant drop in the company's stock price on October 20 [2][4]. Company Management - Following the incident, the board of directors convened, and director Wu Xinyan will temporarily assume the roles of chairman and legal representative, as well as responsibilities related to the board committees and general manager duties [4]. - The company asserts that its production and operations are normal, and the management team will enhance operational management [4]. Financial Performance - In the first half of 2025, Shanshui Technology reported revenue of 305 million yuan, a year-on-year increase of 23.08%, while the net profit attributable to shareholders decreased by 11.77% to 47.77 million yuan [6]. - The company is experiencing a gradual release of production capacity for its chlorinated pyridine series products, which is expected to improve gross margins due to economies of scale and reduced unit costs [6]. Shareholder Information - Huang Guorong, aged 50, holds 40 million shares, representing an 18.64% stake, making him the largest shareholder of Shanshui Technology [4]. - His annual salary is reported to be 1.1238 million yuan, reflecting an increase of 68,300 yuan compared to the previous year [5]. Stock Market Reaction - On October 20, the stock price of Shanshui Technology fell sharply, reaching a low of 22.88 yuan per share, with a total market capitalization of 4.9 billion yuan [6].