Core Viewpoint - The company, Chuangshi Technology, is facing significant challenges following the sentencing of its controlling shareholder, Zhang Gengsheng, for bribery, alongside a substantial decline in net profit for Q3 2025. Group 1: Legal Issues - Zhang Gengsheng, the controlling shareholder and actual controller of Chuangshi Technology, was sentenced to two years in prison (suspended for two years) and fined 300,000 RMB for unit bribery by the Shanghai Pudong New District People's Court [1][2] - The court's ruling indicates that the illegal gains will be confiscated, and Zhang Gengsheng has been under investigation since November 2024, with formal charges filed in December 2025 [3] Group 2: Management Changes - Prior to the legal issues, Zhang Gengsheng resigned from his positions as director and chairman in May 2025, and as of the sentencing date, he no longer holds any executive roles within the company [3] - The company has emphasized that the ruling does not affect the exercise of shareholder rights by Zhang Gengsheng, and the fine has been paid personally by him [3][4] Group 3: Executive Stock Sales - Following the announcement of Zhang Gengsheng's detention, three key executives, including the CFO and two vice presidents, sold portions of their shares during a critical period before the court ruling [5] - CFO Jiang Xiuyan sold 320,000 shares at an average price of 23.5553 RMB per share, reducing her holdings significantly [5] - Vice President Wu Zhenlin and Vice President Tian Wei also executed share sales during this timeframe, with average prices of 24.1389 RMB and 24.5270 RMB per share, respectively [5] Group 4: Financial Performance - Chuangshi Technology reported a 15.45% year-on-year increase in revenue for the first three quarters of 2025, totaling 156 million RMB [6] - However, the net profit attributable to shareholders fell by 45.84% to 15.326 million RMB, primarily due to a decline in high-margin software and service sales compared to the previous year [7]
犯单位行贿罪,创识科技实控人获刑!三位核心高管密集减持股份