Yanjan(SZ:300658) Mei Ri Jing Ji Xin Wen·2025-12-02 13:40Core Viewpoint - The passing of Xie Yingqiu, a key figure in Yanjiang Co., has significant implications for the company's leadership and future operations [2][3]. Group 1: Company Leadership - Xie Yingqiu served as a director and vice president of Yanjiang Co. since its inception, contributing to its strategic planning and business development [2][3]. - Following Xie Yingqiu's death, the board of directors will reduce to eight members, still meeting the legal requirements [2]. - The company will conduct a board member election in accordance with relevant regulations [2]. Group 2: Shareholding and Financial Impact - Xie Yingqiu held approximately 18.55 million shares, representing 5.58% of the total share capital, valued at around 227 million yuan based on the closing price of 12.23 yuan on December 2 [2]. - The company will follow legal procedures regarding the handling of Xie Yingqiu's shares after her passing [6]. Group 3: Company Operations and Innovations - Yanjiang Co. specializes in the research, production, and sales of surface materials for disposable hygiene products, with key products including 3D perforated non-woven fabric and PE perforated film [4]. - Xie Yingqiu was instrumental in developing innovative technologies, such as the patented 3D perforation technique, enhancing product quality and competitiveness [4][5]. - The company has a practice of launching a new product every six months to maintain its competitive edge in the industry [5].