SHANSHUI TECH.(SZ:301190) Sou Hu Cai Jing·2025-10-21 00:38Core Points - The actual controller, chairman, and general manager of the company, Huang Guorong, has been subjected to criminal coercive measures due to personal reasons [1] - The company has appointed director Wu Xinyan to assume the responsibilities of chairman and legal representative, as well as the roles of committee member and general manager [1] Company Background - Huang Guorong, born in 1976, has a background in chemical research and has held various positions in the chemical industry since 1996 [3] - As of the second quarter of 2025, Huang holds 40 million shares, representing an 18.64% stake, making him the largest shareholder of the company [4] - Wu Xinyan, born in 1982, is the spouse of Huang Guorong and has been involved in the company since 2012, currently serving as a director and head of the comprehensive center [4] Operational Status - The company has stated that its production and operations are normal despite the recent developments, and management will enhance operational management [4] - The company has a stable management system and mature governance structure in place [4] Business Overview - The company specializes in the research, production, and sales of dye intermediates, pesticides, and pharmaceutical intermediates [5] - The product range includes various chemical compounds such as chlorinated pyridine series products [5] Financial Performance - For the first half of 2025, the company reported revenue of 305 million yuan, a year-on-year increase of 23.08%, while 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 chlorinated pyridine series products, leading to improved gross margins due to economies of scale [6] - Increased costs in personnel and R&D have been noted, but effective cost control measures have allowed the company to maintain stable growth [6]