WFDSJ(SH:601010) Mei Ri Jing Ji Xin Wen·2025-11-20 23:51Core Points - Wanfeng Co., Ltd. announced on November 20 that its Vice President, Qin Guofen, is under investigation and has been subjected to detention measures, which are personal matters unrelated to the company [1][6] - The company stated that the investigation will not significantly impact its daily operations, and all production and business activities are proceeding normally [1][6] - As of the announcement date, the company is unaware of the progress or conclusions of the investigation and will continue to monitor the situation [1] Financial Performance - In the first three quarters of the year, Wanfeng Co., Ltd. reported revenue of 1.187 billion yuan, a year-on-year decline of 14.58% [5] - The net profit attributable to shareholders was approximately 16.99 million yuan, representing a significant year-on-year decrease of 75.5% [5] - Qin Guofen's pre-tax remuneration for the previous year exceeded 1 million yuan, with a substantial increase of 440.74% compared to the previous year [4] Company Background - Qin Guofen was appointed as Vice President of Wanfeng Co., Ltd. on September 27, 2023, with a term lasting until September 26, 2026 [4] - The company primarily engages in chain operations of department stores, supermarkets, electrical appliances, and shopping centers, mainly located in Jiangsu Province and Shanghai [6] - Wanfeng Co., Ltd. has a history of limited disclosures regarding executive investigations, with a notable administrative penalty in 2017 for undisclosed shareholding issues [7]