国光电气总经理，责令候查

Core Viewpoint - Guoguang Electric (688776) has recently had its general manager Li Ning released from detention and has returned to his position, while the chairman Zhang Ya no longer acts in his capacity [1][4]. Group 1: Management Changes - The Detention of Li Ning, the general manager, was previously announced on July 23, 2025, by the Dinnan County Supervisory Committee [3]. - Li Ning has a long history with the company, having held various positions since 2005, including roles as the director of the vacuum technology research institute and the general manager [3]. - Zhang Ya, the chairman and one of the actual controllers, was also detained in March 2024 but was released in September of the same year [4]. Group 2: Financial Performance - For the first three quarters of 2025, Guoguang Electric reported total revenue of 254 million yuan, a decrease of 44.16% year-on-year [5]. - The company incurred a net loss of 40 million yuan, compared to a profit of 43.29 million yuan in the same period last year [5]. - The decline in revenue is attributed to delays in nuclear industrial equipment projects and underperformance in microwave device product orders [5]. Group 3: Shareholder Actions - On December 30, 2025, Guoguang Electric announced that several shareholders had completed their share reduction plans [6]. - The shareholders included Hainan Guozhiguang Electronic Information Technology R&D Center, which reduced its holdings by 914,452 shares (0.84% of total shares), and Tianyi Venture Capital, which reduced its holdings by 3,250,974 shares (3.00% of total shares) [6]. - The reductions were executed based on the shareholders' funding needs and were completed through market price transactions [7].