Absen(SZ:300389) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-02 11:22Core Viewpoint - Absen (300389.SZ) held its sixth board meeting on November 28, 2025, where several resolutions were passed, including the election of Ding Yanhui as the chairman, despite his dissenting vote due to dissatisfaction with the chairman's salary [1][3]. Company Overview - Ding Yanhui, born in 1973, is the founder of Absen and has served as chairman and legal representative since its establishment in 2001. He also holds various positions in related companies and is the actual controller of Absen, owning 125 million shares, which is 33.78% of the total share capital [3]. - In 2023, Ding Yanhui's pre-tax remuneration was 2.88 million yuan, which increased to 4.36 million yuan in 2024, including 1.74 million yuan from an employee stock ownership plan [3][4]. Industry Context - The LED display industry has experienced a slowdown in growth, with many companies, including Absen, facing profitability challenges. Absen's net profit decreased by 62.98% year-on-year, while competitors like Leyard and AOTO Electronics also reported losses [4]. - In the first half of 2025, the LED display industry showed signs of recovery, with Absen achieving a revenue of 1.82 billion yuan, a year-on-year increase of 1.15%, and a net profit of 116 million yuan, up 30.84% [5]. - As of December 2, 2025, Absen's stock price was 16.01 yuan per share, with a total market capitalization of 5.9 billion yuan [5].