善水科技实控人因个人原因被采取刑事措施

Core Viewpoint - The actual controller and chairman of Shan Shui Technology, Huang Guorong, has been subjected to criminal coercive measures due to personal reasons, leading to a significant drop in the company's stock price by 17.04% to 22.88 yuan per share on October 20 [1]. Group 1 - Shan Shui Technology held an emergency board meeting on October 20 to ensure operational stability, where board member Wu Xinyan was appointed to act as chairman and legal representative in Huang Guorong's absence [3]. - Wu Xinyan, who is the spouse of Huang Guorong, currently serves as a director and head of the comprehensive center at Shan Shui Technology [4]. - The market is concerned about whether Huang Guorong's legal issues will impact the progress of a 6 billion yuan new materials expansion project, but the company asserts that it has a stable management system and mature governance structure in place [4].