SHANSHUI TECH.(SZ:301190) Mei Ri Jing Ji Xin Wen·2025-10-20 14:29Core Points - The company, Shan Shui Technology, announced on October 20 that its actual controller, chairman, and general manager, Huang Guorong, has been subjected to criminal coercive measures for personal reasons [1] - Following the announcement, the company's stock price dropped by 17.04%, closing at 22.88 yuan, resulting in a market value loss of nearly 1 billion yuan [1] - In contrast, over 4,000 listed companies in the A-share market experienced gains on the same day [1] Company Management Changes - In response to Huang Guorong's situation, Shan Shui Technology held an emergency board meeting on October 20, deciding that board member Wu Xinyan would assume the roles of chairman and legal representative during Huang's absence [3] - Wu Xinyan is the second-largest single shareholder of the company, holding 25 million shares, which is 11.65% of the total shares [7] - Huang Guorong directly holds 40 million shares, representing 18.64% of the company [6] Financial Performance - For the first half of 2025, Shan Shui 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 [7]