SHANSHUI TECH.(SZ:301190) Sou Hu Cai Jing·2025-10-21 00:03Core Viewpoint - The announcement of the criminal coercive measures taken against Huang Guorong, the actual controller, chairman, and general manager of Shan Shui Technology, has led to significant market reactions, including a sharp decline in the company's stock price [1][5]. Company Management - Following the board meeting, Director Wu Xinyan will assume the roles of chairman and legal representative, as well as responsibilities related to the board committees and general manager duties [3]. - The company has stated that its production and operations are normal, and the management team will enhance operational management [3]. Financial Performance - In the first half of 2025, Shan Shui Technology reported a revenue of 305 million yuan, representing a year-on-year increase of 23.08%, while the net profit attributable to shareholders decreased by 11.77% to 47.77 million yuan [5]. - The company is experiencing a gradual release of production capacity for its chlorinated pyridine series products, leading to improved gross margins due to lower unit costs [5]. Stock Market Reaction - On October 20, the company's stock price fell sharply, reaching a limit down, closing at 22.88 yuan per share, with a total market capitalization of 4.9 billion yuan [5][6].